Missouri
Hamilton Zanze Returns to St. Louis with $46M Buy
San Francisco-based Hamilton Zanze (HZ) has acquired the 170-unit Steelyard & IceHouse Apartments in St. Louis for a reported $45.9 million. The deal… Read more
Berkadia Adds Bobby Mills in St. Louis
Berkadia has added director Bobby Mills to its St. Louis investment sales team, alongside senior director Andrea Kendrick and managing… Read more
D.C. Office Vacancies Reach New High
Following two years of healthy rebound in demand, office vacancy in Washington, D.C. hit an all-time high of 14.3% in… Read more
Watermark Plans Second KC-Area Multifamily Project
Watermark Residential, a wholly-owned affiliate of Thompson Thrift, acquired 23 acres in Kansas City, MO, with plans to develop The Element by Watermark,… Read more
Investor Interest Turns the Midwest into a Multifamily Hot Spot
By Paul Bubny Few regions of the U.S. have seen quite the uptick of investor interest that the Midwest has… Read more
Hanley Closes Sale of Grocery-Anchored Center in NE
Hanley Investment Group Real Estate Advisors recently completed the sale of a 174,000-square-foot, grocery- and drug-anchored shopping center, shadow-anchored by Target… Read more
Distribution Management Continues Expansion, Inks 191K-SF Deal
Distribution Management Inc. (DMI) continued its expansion, signing for 191,360 square feet of space at Exeter Bucker in East Dallas.… Read more
CapStone Holdings Takes $40M Stake in City Foundry STL
CapStone Holdings, a business incubator and investment group, took a $40-million stake in Lawrence Group’s City Foundry STL, a food-retail-entertainment-office… Read more
Fast Absorption of New Industrial Tempers Concerns About Oversupply
Developers completed construction of 289 million square feet of industrial and logistics real estate across the U.S. in 2019, but… Read more
ILPT Forms JV on 12-Property Industrial Portfolio
Industrial Logistics Property Trust (ILPT) formed a $680-million joint venture with an Asian institutional investor for a 9.2-million-square-foot portfolio of… Read more
Green Courte Acquires All-Age Community near KC
Green Courte Partners’ fourth investment fund, Green Courte Real Estate Partners IV, LLC and its affiliates, acquired its 11th land-lease… Read more
Staenberg Group Completes Buy of Chesterfield Mall
The Staenberg Group (TSG), headquartered in St. Louis, completed the purchase of Chesterfield Mall in the St. Louis suburb of… Read more
KC Industrial Park Trades After Value-Add Process
Newmark Grubb Zimmer (NGZ) completed the sale of a seven-building industrial and flex portfolio located near Front Street in Kansas… Read more
A Guide to Midwestern Apartment Markets
By Paul Bubny Among Midwestern metro areas, only Minneapolis/St. Paul figures in the top 10 of Marcus & Millichap’s National… Read more
Brennan Inks Third Sale-Leaseback with BlueLinx
Brennan Investment Group executed on a four-building sale-leaseback with BlueLinx, a leading distributor of building and industrial products in the United… Read more
Trammell Crow Reshapes Operations, Promotes Adam Nims, Adam Saphier
Trammell Crow Co. is consolidating its operational model from three regions to two, and creating expanded Eastern and Western Regions… Read more
MMGY Relocates Within KC Area to Overland Park MXU
MMGY Global, reportedly the world’s largest integrated marketing company specializing in travel, tourism and hospitality, is relocating its corporate headquarters… Read more
Serendipity Labs Will Roll Out Six More Flexible Space Locations
Flexible workspace provider Serendipity Labs, headquartered in Rye, NY, plans to roll out six new locations in 2020. Serendipity is… Read more
TPG Acquires Jacksonville Office Property for $107M
San Francisco-base REIT TPG Real Estate has acquired Town Center One & Two, a 374,123-square-foot office property in Jacksonville. The… Read more