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Chicago & Midwest  + Midwest  + Retail  |  March 31, 2026
Jasmine Kilman
By: Jasmine Kilman

Gantry Secures $22M Loan for St. Louis Region Retail Center

Gantry has secured a $22 million permanent loan to refinance maturing debt for Chesterfield Commons, a high-performance retail power center located in Chesterfield, a suburb west of St. Louis.

The 750,000-square-foot inline center is well stabilized and anchored by Walmart, Sam’s Club, Lowe’s, Best Buy, and Ross. Additional tenants include a mix of 40 restaurants, fast food, beauty, fashion, professional service, sporting goods, banking, home goods, health & wellness and other retailers.

Gantry’s Joe Monteleone, Principal, and Rulin Dai, Associate, with the firm’s St. Louis production office, represented the borrower, a private real estate investor. The five-year, fixed-rate, non-recourse loan was secured from one of Gantry’s correspondent insurance company lenders and offers full-term interest only. Gantry will service the loan for the lender.

“Insurance company lenders continue to deploy a growing percentage of their allocations to loans for retail assets, targeting power, grocery-anchored, and neighborhood centers,” said Monteleone.

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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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