RE Journals

RE Journals is your go-to resource for all things related to commercial real estate in the Midwest. With decades of experience, RE Journals stands out as a premier source for news in the commercial real estate industry, offering in-depth coverage of everything from influential figures to the latest developments in the heart of America. Our mission is to deliver a wide range of analysis, timely news, and valuable insights for industry professionals through several publications, including Midwest Real Estate News, Illinois Real Estate Journal, and Chicago Industrial Properties. We share fresh content daily on our website, via email newsletters, and on social media, while also featuring key industry trends in our bi-monthly print editions. Based in Chicago, RE Journals organizes various conferences and events throughout the year, providing opportunities to celebrate, network, and gain knowledge about the Midwest's commercial real estate market. RE Journals is part of Law Bulletin Media, a 163-year-old publishing organization that keeps a broad audience informed about the latest in the legal, tax, and real estate fields.

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Far enough from Dallas to be good and close enough to be great: Anna booming as new businesses and residents flock to the city

1 week ago | rejournals.com | Dan Rafter

People living here like to remind the rest of the country that everyone wants to move to Texas. And a lot of these new residents flocking to the state from other parts of the country want to live in the Dallas-Fort Worth area. But what about those transplants who want the convenience of the Dallas metropolitan area but would like to live away from some of the bustle of the big city? Many are choosing to move to Anna, Texas.
Study finds one in 11 U.S. millionaire households chooses to rent instead of buy

1 week ago | rejournals.com | Dan Rafter

You’d think U.S. millionaires would almost always own a home. But a new study shows that a growing number of wealthy people are choosing instead to rent. RentCafe in a recent Market Insights report said that the number of millionaire renters in the United States has more than tripled in the last five years. In 2019, there were 4,512 U.S. households earning seven figures but choosing to rent. By 2023? That number increased significantly to 13,700 households.
JLL’s Naveen Jaggi: Expect retailers to quickly gobble up space left by Party City, Big Lots and other big-name closures

1 week ago | rejournals.com | Dan Rafter

It sounds alarming: For the first time in 16 quarters, U.S. retailers in the first quarter of this year vacated more space than they leased. That is one of the key findings of JLL’s recently released Q1 Retail Research Outlook, which looks at the state of the U.S. retail sector during the first quarter of 2025. Other findings seem troubling, too: Net absorption in the U.S. retail sector sunk to negative 2.7 million square feet in the first quarter, JLL reported.
Commercial Real Estate Hall of Fame: Northmarq’s Dominic Martinez

1 week ago | rejournals.com | Dan Rafter

Dominic MartinezManaging directorNorthmarq St. LouisDominic Martinez serves as the managing director of Northmarq’s St. Louis Investment Sales office, where he co-leads the Multifamily Investment Sales (IS) team with a focus on the Midwest region. Since joining Northmarq in 2021, Martinez has played a pivotal role in transforming the Midwest Multifamily Investment Sales team.
Office deals are still closing in the Twin Cities. The deals are just smaller

1 week ago | rejournals.com | Dan Rafter

Companies are still renting office space in the Minneapolis-St. Paul market. It’s just that many of these companies are closing leases for less than 5,000 square feet, resulting in office leasing volume here that’s still far below pre-COVID levels. That’s the latest from Avison Young, which recently studied the Twin Cities office leasing market.
Chicago companies on the hunt for industrial workers

2 weeks ago | rejournals.com | Dan Rafter

It’s no secret that industrial remains one of the strongest commercial sectors. For more proof? Just look at the rise in industrial jobs posted in the Chicago area. In a recent Data Bites report, Avison Young reported that in the first quarter of 2025, the Chicago MSA recorded nearly 39,000 industrial job postings. That’s an increase of 20% when compared to the fourth quarter of 2024. Avison Young says that this surge reflects strong employer confidence within the Chicago-area industrial market.
Hanging tough: Development, leasing still remain steady in Milwaukee and Madison markets

2 weeks ago | rejournals.com | Dan Rafter

The commercial real estate sectors in Milwaukee and Madison aren’t immune to the challenges of an unpredictable economy. But these challenges haven’t stopped developers from building here, tenants from leasing space in these markets or investors from closing real estate sales here. Why? Both Milwaukee and Madison remain resilient, buoyed by a strong labor force, great location, affordable costs and top-notch attractions such as Milwaukee’s Deer District and the University of Wisconsin campus.
Colliers report: Chicago office market ranked 10th in investment sales volume during first quarter

2 weeks ago | rejournals.com | Dan Rafter

The Chicago office market recorded the 10th highest volume of investment sales in the United States during the first quarter of 2025, according to the latest research from Colliers. In its ranking of the top 10 U.S. office investment markets, Colliers reported that the Chicago market saw $380 million in office investment volume during the first quarter.
New industrial construction took a dip in Chicago to start 2025

2 weeks ago | rejournals.com | Dan Rafter

New construction in Chicago’s industrial market fell significantly during the first quarter of this year, according to a recent story from CommercialSearch. CommercialSearch reported that the Chicago industrial market saw the start of 1.5 million square feet of new construction during the first quarter of this year. That’s a big drop from the same quarter a year ago, when developers had started on the construction of 11.4 million square feet of new industrial construction in the Chicago market.
Commercial Real Estate Hall of Fame: Emprise Bank’s Debra Swearingen Lyles

2 weeks ago | rejournals.com | Dan Rafter

Debra Swearingen LylesPresidentEmprise BankKansas City, MissouriDebra Swearingen Lyles has built a career defined by perseverance, leadership, and a steadfast commitment to her community. Joining Emprise Bank in August 2022 as Senior Vice President, Commercial Banker, she quickly made her mark, earning a promotion to Market President of Kansas City in May 2023.