October 2012 Archives

Chicago's Congress Center changes hands

Another commercial property in downtown Chicago has been sold. This most recent commercial real estate transaction involves the Congress Center. The building, consisting of 16 floors, is located in the West Loop, at 525 W. Van Buren. The office tower was sold to west coast based Sovereign Capital Management Group. The price tag for the real estate sale was $95 million.

Jimmy John's plans to leave state of Illinois

There are many reasons that a business will decide to make a city or state its home. One of those reasons is the corporate tax rate in the state. The changes in the tax rate can be the reason why a company chooses a location or decides to move it elsewhere.

Chicago mayor proposes streamlined licensing for small businesses

Since he was elected mayor of Chicago, Rahm Emanuel has made no secret of his desire to bring small businesses into the city. This week he announced another way in which he would like to achieve that goal. He is seeking to make it faster and easier for entrepreneurs in Chicago to secure both licenses and the finances necessary to make a go of it in a sort of one-stop-shopping situation.

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