Missouri
Developer Sells Home Depot Distribution Center in MO
Stan Johnson Company (SJC) recently completed the sale of a single-tenant industrial warehouse and distribution center leased to Home Depot.… Read more
FNRP Acquires Shoppes at Cross Keys in St. Louis Metro
First National Realty Partners (FNRP) recently acquired The Shoppes at Cross Keys, a 339,464-square-foot, grocery-anchored shopping center in Florissant, MO, a St.… Read more
Hunt Midwest Adds 700K SF to SubTropolis in Kansas City
Hunt Midwest completed the buildout of an additional 700,000 square feet of Class-A space at its SubTropolis, located in Kansas City, MO… Read more
Berkadia Secures $11M Financing for Development of Westside Atlanta MXU Project
Berkadia has secured an $11 million loan for the development of Intrada Westside, a proposed 143-unit, mixed-use, affordable multifamily property… Read more
Cordish Launching Multifamily Projects in KC’s Power & Light District
The Cordish Companies said its $140-million Three Light Luxury Apartments would commence construction this May in the Power & Light… Read more
Valbridge Kansas City Names New Leadership
Valbridge Property Advisors-Kansas City has named its next generation leadership team. Daniel Kann and Jason Roos will succeed Laird Goldsborough… Read more
Luby’s Completes Sale of Nine Fuddruckers
Luby’s Inc. completed the sale and franchising of its previously owned Fuddruckers store located on Town and Country Way in… Read more
CRG Divests Spec Industrial in St. Louis
CRG, the real estate development and investment arm of Chicago-based Clayco, finalized the sale of NorthPark Distribution Center I, a 537,753-square-foot distribution facility in… Read more
Clayco Completes Employee-Centric Offices Near St. Louis
Clayco recently completed the design and construction of EDGE@WEST, a four-story, 125,000-square-foot Class A office building in Creve Coeur, MO, near… Read more
Alamo Drafthouse Seeks Chapter 11 Protection
Before COVID erupted, business was booming for Austin-based Alamo Drafthouse. But like other movie theater chains, Alamo Drafthouse was forced… Read more
Location is a Big Draw for Village at Aspen Place
Location was one of the biggest factors in the recent $64.5 million acquisition of Village at Aspen Place, a 222-unit… Read more
JRK’s 2021 Plans: Resume Where it Left Off in 2020
JRK Property Holdings recently acquired two garden-style communities, Carrington Park at Gulf Pointe in Houston, and Fieldpointe of St. Louis,… Read more
COCM Promotes Brittany Pieper to Director of Leasing and Marketing
Student housing management company COCM (Capstone On‐Campus Management) has promoted Brittany Pieper to director of leasing and marketing in Birmingham.… Read more
George Smith Partners Arranges Debt for St. Louis Mixed-Use
George Smith Partners (GSP) secured $60.2 million in construction financing for Terra, a 307-unit, Class-A, mixed-use project in St. Louis’… Read more
ElmTree Partners with Guggenheim on E-Commerce Assets
ElmTree Funds, headquartered in St. Louis, has closed a transaction with Guggenheim Investments focused on investing in industrial e-commerce assets throughout… Read more
JLL Closes Deal for Storage Portfolio in Texas and Midwest
JLL Capital Markets closed the sale of a 14-property, 8,517-unit self-storage portfolio in markets in Houston, Austin and Dallas-Fort Worth, TX; Minneapolis-St.… Read more
W. P. Carey Wraps 2020 with Four Net Lease Deals Totaling $121M
Net lease REIT W. P. Carey Inc. (WPC) said it had completed four industrial investments in December 2020 totaling approximately $121 million and covering… Read more
NorthMarq Arranges Refi of St. Louis Townhome Complex
NorthMarq completed the $24,735,000 refinance of Spanish Cove Townhomes, a 784-unit complex in St. Louis. Noah Juran, managing director of NorthMarq’s… Read more
NorthMarq Adds Three Team Members in St. Louis
NorthMarq’s multifamily investment sales platform, which grew into 15 offices through year-end 2020, has added three team members at the… Read more