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National  + Missouri  + Industrial  | 

Transwestern Picks Up 2.5M-SF Midwest Industrial Portfolio

Dallas-based Transwestern Investment Group (TIG) acquired a nine-building industrial portfolio exceeding 2.5 million square feet in St. Louis and Indianapolis for an undisclosed amount. Eastdil Secured’s Jay Borzi, Steve Silk and Josh McArtor brokered the transaction, on behalf of the unnamed seller, reportedly Blackstone.

TIG’s John Higgins says, “We were attracted to this portfolio because of its strong in-place cash flow with tenant and market diversity, staggered rollover and limited near-term capital expenditures.”

The properties include the following:

  • 28 W. Gateway Commerce in St. Louis: 500,000 square feet
  • 4702 Park 370 Blvd. in St. Louis: 494,333 square feet
  • 1600 – 4774 Park 370 Place in St. Louis: 319,184 square feet
  • 1010 Turner Road in St. Louis: 248,635 square feet
  • 1602 – 1620 Park 370 Court in St. Louis: 215,935 square feet
  • 22 W. Gateway Commerce in St. Louis: 155,700 square feet
  • 1430 S. Third St. in St. Louis: 125,712 square feet (pictured)
  • 6030 Gateway Drive in Indianapolis: 274,530 square feet
  • 5345 Decatur Blvd. in Indianapolis: 193,055 square feet

For comments, questions or concerns, please contact Dennis Kaiser

Read More News Stories About: Transwestern
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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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