St. Louis
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
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
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
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
NES Contracts to Administer St. Louis-based QOZ Fund
NES Financial has contracted to provide its purpose-built fund administration suite for Gateway Opportunity Funds’ first fund. The St. Louis-based Qualified Opportunity Fund… Read more
Rick Eiseman Takes Operations, Fund Management Role at ElmTree
St. Louis, MO-based ElmTree Funds, LLC named veteran commercial real estate professional Rick Eiseman SVP of Operations and Fund Management.… Read more
Cordish, Cardinals Provide Virtual Peek Inside Resi Tower
Prospective future residents of One Cardinal Way, the 29-story apartment tower that the Cordish Companies is building in partnership with… Read more
Retail Segment Battered, But Weathers Storm
Given the many store closures across the U.S., minimal changes in vacancy rates show how the retail sector has withstood… Read more
St. Louis-Area Retail Pad Trades Below 6.9% Cap
Hanley Investment Group Real Estate Advisors has completed the sale of Kirkwood Square, a 15,944-square-foot retail pad building in the… Read more
CushWake Expands Healthcare Advisory Practice with Trio of Leaders
Cushman & Wakefield expanded its Healthcare Advisory Practice with three new additions. Joining the firm are Chris Barnet, Melissa Horta… Read more
Fenton Logistics Center Adds Two More Tenants
U.S. Capital Development has added two more tenants at its speculative redevelopment of a former Chrysler assembly plant in Fenton,… Read more
Lincoln Lands 8-Property STL Logistics Portfolio for $49M
Lincoln Property Company acquired the STL Logistics Portfolio in Hazelwood, MO from Boston-based Colony Realty Partners for $49.2 million. The… Read more
Women in Real Estate 2018: Cushman & Wakefield’s Maloney Drives Growth
As president of asset services, Americas, Marla Maloney focuses on client care, consistent improvement to the Asset Services operating platform,… Read more
CREW Network Elects 2019 Board of Directors
Six commercial real estate leaders were elected to the 2019 CREW (Commercial Real Estate Women) Network Board of Directors, which… Read more
Chase Properties Makes First Apartment Buy in MO
Beachwood, OH-based Chase Properties Ltd., in partnership with Gold Block Ventures, recently acquired New Town Apartments in St. Charles, MO,… Read more
