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Chicago & Midwest  + Midwest  + Retail  |  March 7, 2024
Jasmine Kilman
By: Jasmine Kilman

CBRE Marketing Massive St. Louis Shopping Center for Sale

The Promenade at Brentwood, a 337,800-square-foot retail shopping center located in Brentwood, Missouri, has been listed for sale. The open-air center, owned by Site Centers of Ohio, is one of the most dominant shopping centers in the St. Louis MSA, situated within the Brentwood retail corridor.

CBRE’s Christian Williams and Chase Young are leading the marketing and sale of the property. Ranked among the top three shopping centers in the MSA for consumer traffic, the center features a list of national retailers, including Target, Trader Joe’s, Burlington Stores, Inc., Five Below, Ulta Beauty, and Chase Bank.

St. Louis County appraises the site at $29 million, reported the St. Louis Business Journal. Brentwood Promenade was developed in the 1990s, by Orix Sansone Brentwood LLC, a joint venture between St. Louis-based Sansone Group and Orix Real Estate Equities Inc. of Chicago. The property last sold in 2001.

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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.
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