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Shopping center ‘built with greatest intentions’ behind on loan

A West Side shopping center once hailed as a symbol of the retail rebirth of Chicago's Lawndale neighborhood has fallen behind on loan payments, another sign of how falling rents continue to stress debt-laden landlords.

Caterpillar to expand excavator capacity in China

Peoria, Ill.-based Caterpillar Inc., the world's biggest heavy machinery maker, announced plans on Wednesday to expand production in China, a country central to its expectations for record sales and profits this year.

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Brewers to honor Uecker with a statue

The Milwaukee Brewers today announced that the legendary “Mr. Baseball,” Bob Uecker, will be honored this summer with a statue to be placed outside of Miller Park.

Custom winery to open in Brookfield

San Antonio-based Water 2 Wine will open a custom winery in Brookfield in April.

Centare Group expands staff

The Centare Group Ltd. of Brookfield announced today the addition of a new partner, several new hires and several staff promotions.

John Jagler to run for Assembly seat

John Jagler, communications director for Assembly Speaker Jeff Fitzgerald (R-Horicon), today announced his candidacy for the 37th Assembly District seat.

U.S. commercial real estate market making a comeback

The U.S. commercial real estate market has made a big comeback as more companies are leasing space, prices are up and vacancies are down.
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Building Commission approves projects; Walker presents ‘Best Project’ award

The State of Wisconsin Building Commission today approved several projects across the state.

Laughlin Constable acquires Fullhouse

Laughlin Constable, an independent full-service marketing communications agency with offices in Milwaukee, Chicago and New York, has acquired digital marketing agency Fullhouse of Milwaukee.

General Growth CEO paid $8.7 million in 2011

General Growth Properties Inc. paid CEO Sandeep Mathrani $8.7 million in 2011, his first year on the job, as the Chicago-based mall owner regained its footing after a trip through bankruptcy.

Pair of Groupon execs get pay boosts

Two Groupon Inc. executives are getting raises. Brian Totty, senior vice president of engineering operations for the Chicago-based company, will see his salary rise to $350,000 from $250,000, beginning April 1, according to a filing Monday with the Securities and Exchange Commission. He'll also be eligible for a performance bonus of $350,000.

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