Missouri
NorthPoint Breaks Ground on Second Phase of Ohio Industrial Development
Kansas City-based NorthPoint Development broke ground on two new bulk warehouses totaling 581,541 square feet at the West Chester Trade… Read more
Kansas City Newspaper HQ Trades in Sale-Leaseback
Media holding company McClatchy recently completed the sale-leaseback of its Kansas City Star headquarters to Ambassador Hospitality LLC. The glass building at… Read more
Clayco Enterprises Adds New EVP/CFO
James M. Havel has been named EVP and CFO of Clayco Enterprises in St. Louis. Havel will work directly with Tony Schofield,… Read more
MXU to Break Ground on One of KC Area’s Last Big Infill Sites
Drake Development plans to break ground Friday on Streets of West Pryor, a $180-million mixed-use project on one of the… Read more
Joe Downs Takes Reins of Opus’ Midwest Markets
The Opus Group promoted Joe Downs to EVP and general manager. In this newly-created role, he will manage the St.… Read more
SR Realty Makes Second KC Buy in Six Months
Minneapolis-based SR Realty Trust has acquired a 100% leased multi-tenant distribution warehouse property at 14100 Botts Rd. in the southern… Read more
Investcorp Acquires U.S. Distribution Center Portfolio for $170M
Investcorp’s U.S.-based Real Estate Investment team acquired a portfolio of eight single-tenant distribution properties across the country for a combined… Read more
Transwestern Investment Group Raises $200M for Value-Add Fund
Dallas-based Transwestern Investment Group (TIG) raised $200 million for its TSP Value and Income Fund II. The commercial real estate… Read more
St. Louis Cardinals, Cordish Top Out Tower at $260M Ballpark Village Expansion
The St. Louis Cardinals and The Cordish Companies celebrated a construction milestone of the $260-million expansion of Ballpark Village in… Read more
Northpoint’s Republic Steel Redevelopment Garners $52M in TIF
NorthPoint Development’s 2.26-million-square-foot transportation, distribution and logistics (TDL) center on the Southeast Side will receive $52 million in tax increment… Read more
Hamilton Zanze Makes 2nd Buy in KC Market, 1st in Missouri
Weeks after entering the Kansas City market, San Francisco-based real estate investment firm Hamilton Zanze has made its second acquisition in… Read more
U.S. Median Home List Price Hits $300,000 For First Time Ever
The U.S. median home listing price crossed into uncharted territory in March, increasing 7% year-over-year and reaching $300,000 for the… Read more
Gentrification and O-Zones
The Opportunity Zone program tucked within the Tax Cuts and Jobs Acts of 2017 focuses on pouring billions of capital… Read more
Opportunity Amid Hospitality
Mention the words “Opportunity Zone Program,” and what could come to mind are billions being funneled into projects ranging from… Read more
Artemis/CRES JV Trades Historic Apartments in KC
Berkadia has arranged the sale of the Landings at River Market, a 141-unit multifamily property in Kansas City, MO. A… Read more
Cullinan Will Bring 850K-SF MXU to St. Louis’ Midtown
Cullinan Properties has been selected by Saint Louis University (SLU) to purchase and develop a 14-acre site at the intersection… Read more
Buying Far Outweighs Building in Manhattan
For sheer dollar volume, Manhattan led all U.S. markets in total capital commitments with greater than $50 billion last year,… Read more
Medical Device Tenant Makes Move to Streets of St. Charles
Elekta, a Sweden-based medical device company that manufactures, sells, and services cancer treatment solutions, will relocate one of its product… Read more
Hunt Midwest Branches Out into Self-Storage
Hunt Midwest Real Estate Development is expanding into the self-storage business, with the development of four climate-controlled self-storage facilities in… Read more