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**Chicago/Midwest People & Company News – Week of September 12**
The CCIM Institute has announced two significant international partnerships, marking a strategic expansion of its global presence. In Kazakhstan, the organization has partnered with Narxoz Business School in Almaty. Additionally, CCIM is strengthening its footprint in Latin America through a new alliance with MVJE García y Asociados, headquartered in Mexico City.
JLL Work Dynamics has promoted Justin Sandherr to Managing Director of its Consumer Goods and Services division. In this role, Sandherr will focus on developing comprehensive real estate strategies tailored to consumer goods and services companies. He will also drive sector-specific growth for JLL, overseeing real estate management services that span office, industrial, manufacturing, and retail properties.
Toll Brothers, Inc. has unveiled a new multifamily residential development, Coldwater Ridge of Northville, located in Northville, Michigan. The luxury condominium community features two-story homes positioned conveniently near downtown Northville and Plymouth, offering residents easy access to dining, shopping, and entertainment.
JFB Construction Holdings, a real estate development and construction firm, has been selected to deliver design-build services for a new Prison Island location in Indianapolis, Indiana. Prison Island is an indoor adventure destination with over 98 locations across four continents and 20 countries.
Marcus & Millichap has arranged the sale of Pacesetter Plaza, a 17-unit retail center anchored by Family Dollar, located in South Holland, Illinois. The property was sold for $3.745 million. The transaction was handled by Adrian Mendoza, Sean Sharko, and Austin Weisenbeck, investment specialists based in Marcus & Millichap’s Chicago Oak Brook office, who marketed the asset on behalf of the seller, a limited liability company.
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