KANSAS CITY—The Kansas City area has also assumed much greater importance due to the reconstruction of many companies' supply chains.

But builders completed more than 3,650 suburban apartments in the 12 months ending in March, the greatest supply increase since 2004.

The latest deals, transactions and personnel moves in the region.

Silicon Valley is a great place to have a location, but the US has a host of small cities with dense tech ecosystems and much lower costs, says JLL.

Many new firms have mistaken assumptions about signing a lease. It's not just about price per square foot, says JLL's Andy O'Brien.

Although the city's CBD has gotten a lot of attention, the occupancy rate for the suburbs has increased from just over 82% four years ago, to about 88%.

Nearly half of the industrial space under construction has been pre-leased, the most since 2000, and this level of demand is seen in a broad cross-section of markets, not just ones on the coasts.

The latest deals, transactions and personnel moves in the Midwest region.