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 19, 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 5, 2017

To survive as a brick-and-mortar retailer today? Value pricing and experiences are key

If a bankruptcy judge agrees, Payless Shoes will close 800 stores across the United States this year. Michael Korrs, a maker of luxury handbags, will close more than 100 stores. Children’s clothing store Gymboree looks poised to file for bankruptcy protection soon. So far, 2017 has been a bad year for brick-and-mortar retailers. Don’t expect…
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…