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Village Survey Shows 8.7% Vacancy Rate in Downtown Arlington Heights; Compared To 10.7% CB Richard Ellis Chicagoland Study

Arlington Heights’ Downtown vacancy rate of 8.7 percent for first-floor business space compares favorably to the entire metro area. The Village completed a survey in July 2014 of the Downtown B-5 zoning district. According to a report from CB Richard Ellis included in the Chicago Retail MarketView Q1 2014, the Chicago Metro Area’s retail vacancy […]

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Portillo’s Sold to Boston Private Equity Firm Berkshire Partners

Oak Brook-based Portillo Restaurant Group Inc. confirmed late Tuesday afternoon that it has agreed to sell its restaurant chain to Berkshire Partners, a private equity firm in Boston — not to be confused with Berkshire Hathaway, Inc., a holding company headquartered in Omaha, Nebraska and controlled by Chairman, President and CEO Warren Buffett. Berkshire Partners […]

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Priceline Buys OpenTable for $2.6 Billion; OpenTable to Operate Independently

The global travel booking company Priceline announced Friday it is acquiring OpenTable Inc. in a $2.6 billion deal that would put Priceline align restaurant reservations much what it does hotel bookings. OpenTable will remain headquartered in San Francisco — led by its current management team — and will operate as an independent business. OpenTable CEO […]

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Bidding Wars: Families Fight to Compete for the Purchase of a New Home in Sellers’ Market

ABC NEWS NIGHTLINE: Ferocious bidding wars have become the norm in a real estate market that is hotter than ever. NIGHTLINE reports on two real estate sellers’ markets: (1) Highlands Rand, Colorado, where a house priced at $329,000 had multiple bidders; and (2) Scarsdale, New York, where a ranch house with an asking price of […]

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Largest IPOs Before Alibaba; Discover Arlington? Or Discover Alibaba?

May 6 (Bloomberg) — From the railway to the information superhighway, in today’s “The Big Question,” Bloomberg’s Willem Marx looks at the biggest share offerings in U.S. history, covering more than a century from the Union Pacific Railroad to Alibaba’s upcoming IPO. Union Pacific in 1898. Ford Motor Company in 1956 Apple in 1980 Microsoft, […]

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RE/MAX Brokerages Serving Metro Chicago Real Estate Market Tabbed as Top Performers in 2014 RISMedia Power Broker Report

The 2014 RISMedia Power Broker Report named eight RE/MAX brokerages in the metropolitan Chicago real estate market as among the top performing firms across the United States. The report, published this month, is considered one of the most accurate gauges of brokerage performance in the U.S. residential real estate sector. The 2014 Power Broker Report […]

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Lockheed Martin Brings F-35 Lightning II Cockpit Demonstrator to Snap-on Kenosha

The story of aviation has always been the story of people who have the courage to fail, to try again, and to one day succeed. And the passion to advance aeronautical design through innovative solutions is ingrained in our culture. KENOSHA, Wis., April 14, 2014 – Lockheed Martin [NYSE: LMT] today showcased its F-35 Lightning […]

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Annual Bike Sale Continues Saturday and Sunday at Village CycleSport on Rand Rd, Arlington Heights – Prospect Heights

Hundreds of cycling enthusiasts came out to the first day of a 3-day bike sale at Village CycleSport …

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Lower Numbers for High-flying Tech Stocks a Concern for Investors

Technology and biotechnology companies, high-flying stocks over the last two years, have been beaten down the last three weeks. Meridian Equity Partners Joe Greco explains some details. NASDAQ down 3 percent. Memories of the 2001 dot com bust are on peoples’ minds. The broad market does not seem to be affected, however. Get updates from […]

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Arlington Heights Ford Wins Its 25th Consecutive Ford President’s Award for Exceeding Customer Expectations

Arlington Heights Ford hit a major milestone last week when the dealership and its team celebrated its 25th consecutive President’s Award win. While this alone is an important milestone, consider this: no other dealership in the country has been honored for 25 consecutive years, making this milestone a little more meaningful. “In order to achieve […]

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Epsilon CEO Bryan Kennedy Defends Data Mining for Advertising

60 Minutes’ Steve Kroft interviews Epsilon CEO Bryan Kennedy, who says consumers know they have to give up some privacy to get the benefits of the Internet. Epsilon provides a broad range of loyalty marketing services spanning database marketing, direct mail, email marketing, web development, loyalty programs, analytics, data services, strategic consulting and creative services, […]

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Cleveland Job Bank: Kelly Blazek’s Road Rage on the Information Superhighway

CNN’s Brooke Baldwin speaks with millennial expert Marian Salzman about a LinkedIn rejection email from Kelly Blazek, the Cleveland International Association of Business Communicators’ 2013 Communicator of the Year, that went viral. Yes the job market can be brutal out there … Kelly Blazek’s astonishingly rude response to college graduate Diana Mekota’s inquiry to network […]

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