Missouri
U.S. Apartment Rent Growth Eases to 1% in Q4 2024
National year-over-year asking rent growth eased to 1.0% in December 2024 compared to 1.1% at the end of September 2024,… Read more
OpenStore Selects KC for First-Ever 113K-SF Distribution Center
OpenStore, the largest operator of businesses on Shopify, has chosen the Kansas City market for its first-ever distribution center. The… Read more
Berkadia Negotiates Sale of 444-Unit MF in St. Louis
Berkadia has completed the sale of Oak Forest Apartments, a 444-unit garden-style multifamily property in St. Louis, Missouri. Managing Directors… Read more
Dominium Obtains Construction Loan for Manor Affordable Housing Venture
Associated Bank and Great Southern Bank funded a $60,472,000 construction loan for Dominium to build a 324-unit affordable housing project, Emblem at… Read more
BR Companies Unveils $250M High-Rise in KC
California-based BR Companies, a development and construction firm, plans to build a new 25-story residential high-rise on Grand Blvd in… Read more
$10M Upgrade Planned for KC Entertainment District
The Cordish Companies is planning a significant $10 million upgrade to Kansas City Live! in the Power & Light District.… Read more
Hamilton Zanze Sponsors Acquisition of Kansas Apartments
Hamilton Zanze has sponsored the purchase of The Highlands, a 448-home garden-style apartment community in Overland Park, Kansas. Mission Rock… Read more
Walker & Dunlop Arranges $65M Refi for KC Office Plaza
Walker & Dunlop has arranged $65 million in refinancing for the Plaza Vista Offices in Kansas City, Missouri. The Walker… Read more
Alterra IOS Acquires Seven Building Portfolio
Alterra IOS has acquired seven IOS sites totaling 23 usable acres. The sites are fully leased to a national leader… Read more
Harrison Street Sells Nearly $900M Student Housing Portfolio
Harrison Street has announced the $893 million sale of 14 student housing assets to affiliates of The Scion Group and… Read more
Chicago/Midwest People & Company News, week of November 8, 2024
JLL has named Kevin MacKenzie as President, Americas Capital Markets, JLL – effective January 1, 2025. MacKenzie will succeed Jody… Read more
Marcus & Millichap Brokers Sale of Missouri MOB
Marcus & Millichap has completed the sale of a 22,097-square-foot, single-tenant medical office in Bridgeton, Missouri. The property sold for… Read more
Harrison Street Trades Trio of Senior Living Assets to Inland
Harrison Street has sold three senior living properties, Clarendale of St. Peters, Clarendale of Chandler and Clarendale at Indian Lake,… Read more
255 Big Lots Leases Come to Market
A&G Real Estate Partners is now accepting bids on 255 Big Lots store leases nationwide as part of the retailer’s… Read more
Preiss Acquires, Rebrands Housing Serving U. of Missouri
Student housing owner-operator The Preiss Company (TPCO) has acquired and rebranded Elevate 231, now known as The Collective at Columbia. Terms… Read more
The Cordish Companies Hosts Grand Opening of KC Apartments
The Cordish Companies and Kansas City Power & Light District celebrated the grand opening of the historic Midland Lofts apartment… Read more
Gantry Acquires Midwest Commercial Real Estate Finance Firm
Gantry, Inc. has acquired Q10 | Triad Capital Advisors, Inc., a member of Q10 Capital, LLC, expanding its servicing portfolio… Read more
Fully Occupied Retail Strip in Kansas Trades Hands
Marcus & Millichap completed the sale of Spring Creek Center, a 31,557-square-foot retail strip property located in Derby, Kansas. The… Read more