RE Journals - Midwest and Chicago commercial real estate news

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How AI is changing the day-to-day work of industrial real estate acquisitions

There is a version of commercial real estate acquisitions work that most people outside the industry never see: the hours spent pulling deal details, formatting data, and building presentation materials before any real analysis can happen. On a team tracking 50 to 70 deals a week across Midwest markets including Chicago, Indianapolis, Columbus, Cincinnati, and Minneapolis, that administrative layer adds up fast.

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Long-term outlook for healthcare real estate remains strong, despite uncertainty

The optimism that shaped the healthcare real estate (HRE) sector at the start of 2026 has given way to a more cautious, selective market at the halfway point, according to a mid-year update from Davis, a national healthcare real estate firm based in Minneapolis.

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.

Northmarq closes $52 million debt and equity deal for 300-unit apartment community in Westfield

Northmarq's Debt + Equity team, led by Annamarie Bjorklund and Cody Field, arranged debt and equity capital totaling $52.15 million for Maple Knoll Apartments, a 300-unit garden-style multifamily community located at 500 Bigleaf Maple Way in Westfield, Indiana.

Wold Architects & Engineers completes Mayo Clinic Store in Red Wing

Wold Architects & Engineers celebrated the completion of the new Mayo Clinic Store in Red Wing, Minnesota, the latest milestone in a longstanding relationship with Mayo Clinic Health System–one focused on improving patient care through thoughtfully designed healthcare environments.

Cabot Properties closes disposition of industrial portfolio in Minneapolis, Chicago markets

Cabot Properties closed the disposition of the North Central Portfolio, a collection of 11 modern industrial properties totaling approximately 2.5 million square feet across key industrial submarkets in Greater Chicago and Minneapolis, Minnesota. The diversified portfolio, which includes assets both developed and acquired by Cabot, was purchased by a prominent global asset manager.

JLL Capital Markets brokers sale of 336-unit apartment community in Burnsville

JLL Capital Markets closed the sale of Twelve 501 Apartments, a 336-unit multifamily community in Burnsville, Minnesota.

Kraus-Anderson wraps renovation, expansion of sporting goods store in Bismarck

Kraus-Anderson completed a renovation and expansion of the Scheels retail sporting goods store at the Kirkwood Mall in Bismarck, North Dakota.

Marcus & Millichap Capital Corporation provides $4.798 million in acquisition financing for industrial property in Albert Lea

Marcus & Millichap Capital Corporation arranged $4,798,000 in financing for the acquisition of a 127,869-square-foot industrial property located at 1851 Margaretha Avenue in Albert Lea, Minnesota.

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