Missouri
Merchants Capital Closes on Tax Credit Equity Funds
Merchants Capital has closed on two tax credit equity funds totaling more than $233.4 million. They include the $172.5-million Fund V, the Carmel, IN-based… Read more
NorthMarq Team Arranges Nebraska’s Large Single-Property Multifamily Deal
NorthMarq’s St. Louis investment sales team of Parker Stewart and Dominic Martinez arranged the sale of Fairways at Lincoln. The 613-unit… Read more
Sensient Leases 300K SF with SparrowHawk in St. Louis
SparrowHawk LLC has leased 300,481 square feet of high cube industrial space at 255 Logistics Center in St. Louis to Sensient Technologies… Read more
Manhattan Mini Storage Trades for Reported $3 Billion
StorageMart, headquartered in Columbia, MO, said Friday it had agreed to acquire Manhattan Mini Storage (MMS) from Edison Properties. Although the purchase price wasn’t closed, published reports put it… Read more
Matthews Brokers Sale of Missouri FedEx Ground Facility
Matthews Real Estate Investment Services brokered the $7.83-million sale of a FedEx Ground facility at 3752 Enterprise Ave, Joplin, MO.… Read more
Value-Add Student Housing Trades Near U. of Missouri
Transwestern Real Estate Services ‘ National Student Housing Team arranged the sale of Elevate231, a 972-bed student housing property at 3600 Aspen Heights Pkwy. in Columbia, MO. Senior managing directors… Read more
A New Model for Measuring CRE Market Risk
With the pandemic leading commercial real estate professionals to rethink assumptions about which markets are safe and which are risky, the NAIOP Research Foundation has developed… Read more
Merchants Capital Secures $71M Financing on St. Louis-Area Mixed-Use Complex
Merchants Capital secured $71 million in total financing for the Wildhorse Development, a market-rate, mixed-use luxury apartment and service retail complex in… Read more
Cordish Launches Construction on Third Phase in KC’s Power & Light District
The Cordish Companies and Kansas City Power & Light District launched construction on Three Light Luxury Apartments with a ceremonial… Read more
Andy’s Custard Scoops Up First Alamo City Location
Springfield, MO-based Andy’s Frozen Custard is opening its first San Antonio location in front of the Bass Pro Shop at… Read more
Boston Targets Commercial Buildings for Carbon Emission Elimination
The Boston City Council has unanimously approved an ordinance that addresses climate change by requiring all buildings larger than 20,000… Read more
Hanley’s Lefko and Asher Close 3 Taco Bell Sales in the Midwest
Hanley Investment Group Real Estate Advisors arranged the sales of three, single-tenant net lease retail properties occupied by Taco Bell… Read more
SJC Closes Sale of St. Louis-Area Industrial Service Facility
Stan Johnson Company (SJC) completed the sale of a single-tenant industrial service facility leased to Herc Rentals. The 11,591-square-foot property is… Read more
Sealy Bolsters St. Louis Presence with Five-Building Portfolio
Sealy & Company acquired a five-building, 554,007-square-foot industrial portfolio in St. Louis from Altus Properties. The acquisition was made for an undisclosed… Read more
CRG Adds Associate General Counsel to Legal Team
CRG, the Chicago-based development and investment arm of Clayco, has retained Lucie Stanley as associate general counsel. With nearly 10 years’ legal experience, Stanley joins CRG’s in-house… Read more
Greystone Places $36M Financing on St. Louis-Area Seniors Project
Greystone placed $35.9 million in construction financing for a 150-unit independent living, assisted living, and memory care community in the St.… Read more
Berkadia Arranges Refi on St. Louis-Area Apartments
Berkadia secured financing for Metro Apartments at Granite City, a 290-unit garden-style multifamily property in Granite City, IL, within the St. Louis metro area.… Read more
Walker Webcast: JBG Smith’s Kelly Sees HQ2 as “Unbelievable Demand Driver”
“What we have here in Amazon is an unbelievable demand driver” for multifamily as well as office, JBG Smith CEO Matt Kelly… Read more
UTSA Opens Roadrunner Athletics Center of Excellence
The University of Texas at San Antonio (UTSA) has opened its $40.4 million Roadrunner Athletics Center of Excellence (RACE), the… Read more