Transwestern Real Estate (TRS) has completed the acquisition of Chicago-based MB Real Estate (MBRE), one of the city's most lauded full-service commercial real estate firms.
The transaction, which adds 120 team members and a regional property management portfolio exceeding 12 million square feet, combines two private real estate firms that share a client-focused business model and innovative, collaborative workplace culture.
"We are thrilled to welcome the MBRE team to the Transwestern family," said Greg Munson, executive managing director of Transwestern's Midwest Region. "MB Real Estate is a Chicago institution serving large corporate tenants, private and institutional landlords, and a host of government entities. Its well-deserved reputation for excellence has been built on integrity, keen market insight and high-quality service. With this acquisition, we've deepened our presence in Chicago and bolstered our national platform, benefiting team members and clients al
