RE Journals – The Midwest’s leading source for commercial real estate news
The latest headlines from
Midwest Real Estate News
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The good news in Chicago’s office market? Positive net absorption and plans for a new office tower downtown
Bradford Allen, in its Q2/26 Office Market Report: Downtown Chicago and Mid-Year 2026 Office Market Report: Suburban Chicago research reports, found that the downtown Chicago office market showed signs of life in the second quarter, with direct net absorption running in the positive for the first time since 2023 and plans for what may be the market’s first office tower groundbreaking in several years.



Commercial Real Estate Hall of Fame: Hunt Midwest’s Brenner Holland
Brenner Holland
Senior Vice President, Residential Development
Hunt Midwest
Kansas City, Missouri


Brenner Holland has made a major impact on the fortunes of Kansas City, Missouri-based Hunt Midwest. That’s because the long-time leader of the company’s residential division is one of the key forces behind the company’s ambitious expansion into luxury multifamily developments over the past decade across the region.



How CREC achieves strong long-term performance
Fairly often, potential new investors ask us whether our consistently strong investment results are the product of a “secret sauce.” There is no secret sauce, but this question recently triggered an internal discussion to try to define our actual perceived advantage. Our conclusion was that CREC’s superior long-term performance is a result of our size, our ability to be very focused, and our commitment to a highly disciplined investment strategy.


Endeavor Real Estate Group provides financing for 265-unit multifamily property in Dallas’ Uptown neighborhood
Endeavor Real Estate Group, in partnership with Canyon Partners Real Estate, secured financing for Lucille, a new luxury multifamily tower in Uptown Dallas located at 2700 McKinney Avenue. Lender Helaba is providing construction financing.

PNC Bank extends lease in downtown Milwaukee
PNC Bank announced a long-term extension of its lease at 411 E. Wisconsin in Milwaukee, reaffirming its commitment to downtown, its workforce and the region’s economic future. The agreement includes plans to expand and enhance PNC’s office footprint. The location will continue to serve as PNC’s regional corporate office, as well as home to its downtown retail branch and ATM.

Inland National Development Company to co-develop 342-unit multifamily community in downtown Rochester
Inland National Development Company, LLC will co-develop Citywalk Apartments, a 342-unit, market-rate multifamily community in downtown Rochester, Minnesota, directly across from Mayo Clinic’s downtown campus. Construction on Citywalk Apartments is expected to begin July of 2026, with completion anticipated in 2028.

Nicholas Family of Companies to manage ice stadium in Carmel
Nicholas Family of Companies (NFOC) today announced that Spectate Group, its in-house sports and recreation division, has reached an agreement to lease, manage and operate the Carmel Ice Skadium, a two-rink arena located in Carmel, Ind., a northern suburb of Indianapolis. The assignment brings Spectate’s portfolio of ice facilities under management to four, with that total set to reach five by end of 2026 with the opening of a new NFOC-developed arena in Chicago’s suburbs this fall. Additionally, the Carmel location grows Spectate’s presence in the Indianapolis market, where it will manage the new indoor, multi-sheet Westfield Ice Facility, also being developed by NFOC, when it opens in 2028 at Grand Park Sports Campus in north suburban Westfield.

Principle Construction completes warehouse renovation in Hampshire
Principle Construction Corp. completed a complex warehouse renovation for POLI FILM America, Inc., at One Elgiloy Drive in Hampshire, Illinois. The project provides the protective plastic film manufacturer with a streamlined, rectangular floor plan designed to optimize their high-volume manufacturing operations.

CBRE brokers sale of 295-unit multifamily property in Carmel
CBRE arranged the sale of The Signature at Carmel, a 295-unit multifamily property in Carmel, Indiana. 

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