Midwest Real Estate News

June 23, 2017

Marcus & Millichap: Apartment construction booming in Milwaukee

Junction at White Stone Station Apartment construction is surging across the Milwaukee market, according to the latest research from Marcus & Millichap. According to the company’s second quarter multifamily research, developers are expected to add 3,633 apartment units to the Milwaukee market during 2017. That is a significant increase from 2016, when 1,924 new apartment…
June 18, 2017

Amazon acquires Whole Foods Market for $13.7B

Amazon will acquire Whole Foods Market for $13.7 billion during a period where grocery stores are changing rapidly, according to a statement from Amazon on Friday. Whole Foods Market will continue to operate stores under the same brand and John Mackey will remain as CEO of Whole Foods and the headquarters for the company will stay in…
June 14, 2017

Smart mall owners? They rely on technology to make their centers strong

When analysts list the reasons why shopping malls are struggling, they inevitably point to technology. This makes sense: Tech and online shopping have certainly reshaped the shopping habits of the U.S. consumer. For many, the rise of ecommerce has made the sprawling indoor shopping mall a relic. But Brian Zrimsek, chief product officer of Solon,…
June 5, 2017

The Barry Company sells 12,000-square-foot Milwaukee building in memory of well-known reverend

The Barry Company recently closed the 12,852-square-foot sale of a commercial building at 7841 W. Appleton Ave. in Milwaukee. WGLB Schoarship in Memory of Joel J. Kinlow purchased the property. Rev. Kinlow was well-known in the Milwaukee area, having developed TV station WJJA TV 49 and bringing 24-hour gospel radio to the area with WGLB…
May 31, 2017

JLL adds new leader for higher education sector

Ron Gregory was appointed to be the facilities management executive, according to an announcement from JLL on Wednesday. Gregory will lead JLL’s Integrated Facilities Management business for the higher education sector across the US. He will be based in the Chicago office and comes to JLL with more than 38 years of experience in facility…
May 22, 2017

Roca Tile signs lease in Elk Grove Village

Roca Tile USA has leased a 41,000-square-foot industrial space at 1330 Mark Street in Elk Grove Village, Cushman and Wakefield announced on Wednesday. The new location will serve as a showroom and warehousing operation, the firm said.