Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
New call-to-action
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
Chicago & Midwest  + Midwest  + Apartments  |  December 5, 2025
Jasmine Kilman
By: Jasmine Kilman

JLL Arranges Sale of The DECO Apartments in Minnesota

JLL has secured the sale of the DECO Apartments, an 89-unit, multifamily property located in Shakopee, Minnesota’s historic downtown district.

JLL worked on behalf of the seller, Enclave. The buyer was LouMin Holdings, a local multifamily real estate investment firm. The DECO, located at 129 Holmes Street S., offers residents a luxury living experience in an urban-suburban setting. Along with its premium homes, the property is highly amenitized, featuring a rooftop sundeck with grilling station, well-equipped fitness center, clubroom, ample underground parking and ground floor retail occupied by Mana Brewing.

JLL Capital Market’s Investment Sales and Advisory team was led by Director Joseph Peris and Managing Director Josh Talberg. “This was a highly sought-after investment opportunity, and we’re excited for the LouMin team who is acquiring a great property in a location with compelling tailwinds for sustained performance,” said Peris.

Read More News Stories About: JLL
Connect

Inside The Story

JLL

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
Order Reprints
New call-to-action