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With the purchase and renovation of two historic buildings in downtown St. Charles, Quilogy has invested more than $3 million in real estate.
The acquisition of the First Masonic Lodge and the former Meyer Drug Store buildings across from the information technology consulting firm's Main Street headquarters will give the company nearly 40,000 square feet of office space in five buildings. Quilogy leases an additional 15,000 square feet of space.
The company is in the process of restoring the buildings it purchased last summer. One of the buildings will be finished by March, and the other will be complete by June.
"They are a very nice anchor for Main Street," said Nadine Boon, director of economic development for...