Midwest

Higher pay? Lower requirements? So far, nothing is drawing those missing employees back into the workforce

Where are the workers? That's a question that employers have been asking since the early days of the COVID-19 pandemic. And so far? No one…

JLL Capital Markets closes $61 million in financing for 17-market industrial portfolio

JLL Capital Markets has arranged $61 million in acquisition financing for an industrial portfolio comprising nearly 24 last-mile, cross-dock truck terminals and transload properties across…

Pain, pain, pain: From soaring gas prices to rising labor and materials costs, inflation is making life difficult for CRE occupiers

Pain. That's what inflation is bringing to both businesses and consumers today. Gas prices are soaring. Families are spending more at the grocery store. And…

TruAmerica Multifamily debuts build-for-rent development division

TruAmerica Multifamily has launched a Build-For-Rent development division to build townhome and single-family rental communities in suburban submarkets. Veteran BFR executive Mitch Rotta has joined…

Prologis closes $26 billion acquisition of Indianapolis-based Duke Realty Corporation

Prologis and Indianapolis-based Duke Realty Corporation have completed their $26 billion merger agreement. In this major deal, Prologis will acquire Duke Realty in an all-stock…

A recovery in the casual dining space? The Boulder Group says it’s underway

Cap rates in the net-lease casual dining sector continued to fall during the first quarter of the year, according to the latest research from Wilmette,…

Walker & Dunlop names head of investment management group

Walker & Dunlop is combining its fund management, proprietary capital, high yield and seniors bridge lending groups into the Investment Management & Proprietary Capital Group,…

No end to the boom times? U.S. industrial market still thriving after record-setting months

The industrial market has thrived both before and during the COVID-19 pandemic. And this sector is showing no signs of slowing as companies continue to…

Houston’s SparrowHawk names chief financial officer

Margaret Fitzgerald has been named chief financial officer of SparrowHawk, the Houston-based industrial real estate investment and management firm. Fitzgerald brings more than 20 years…

How AI and machine learning are reshaping the way transit systems move traffic patterns

Of the many ways artificial intelligence and machine learning are poised to improve modern life, the promise of impacting mass transit is significant. The world…

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