REBusinessOnline

Kimco Sells 89,305 SF Retail Building Occupied by Kohl’s Near St. Louis for $8.6M

MANCHESTER, MO. — Kimco Realty Corp. has sold an 89,305-square-foot retail building occupied by Kohl’s in Manchester, a suburb of St. Louis, for $8.6 million. Kohl’s has occupied the property since 1998 and recently executed a 10-year lease extension. The single-tenant building is situated on 9.5 acres at 14425 Andersohn Drive. Marc Mandel, Steve Schrenk and Danny Kaufman of HFF represented Kimco in the sale. The buyer was not

Multiply, Orion Genomics Sign Office Leases at City Foundry Development in St. Louis

ST. LOUIS — Digital publishing and technology firm Multiply and DNA technology company Orion Genomics have signed office leases at City Foundry in St. Louis. Together, the two companies will occupy 30,000 square feet and add almost 100 employees to the development. Previously announced leases at City Foundry include Alamo Drafthouse Theaters, Punch Bowl Social and Fassler Hall. Construction is expected to begin this summer with completion slated for the second half of 2019. Steve Smith is the …

Berkadia Arranges Sale of 178-Unit Apartment Property in St. Louis

ST. LOUIS — Berkadia has arranged the sale of The Orion Apartments in St. Louis for an undisclosed price. The 178-unit apartment property features a 40,000-square-foot Whole Foods Market on the first floor. Amenities include a pool, fitness center, clubroom and electric car charging stations. Ken Aston and Andrea Kendrick of Berkadia represented the seller, Mills Properties Inc. Canada-based Brass Enterprises Inc. was the

Tarlton Completes Renovation, Expansion of Missouri Botanical Garden Museum

ST. LOUIS — Tarlton Corp. has completed the renovation and expansion of the Stephen and Peter Sachs Museum at the Missouri Botanical Garden in St. Louis. The 7,000-square-foot museum is listed on the National Register of Historic Places. Tarlton expanded the main level for exhibits of artwork and other displays. A new staircase links the two floors. The addition houses new public restrooms, fire stairs and an elevator. Tarlton also restored the building’s original tile floor and stripped …

Baceline Acquires Retail Center in St. Louis for $2.2M

ST. LOUIS — Baceline Investments LLC has acquired Grand Marketplace in St. Louis for $2.2 million. The 9,971-square-foot retail center, constructed in 2007, is located just north of Highway 40 and North Grand Boulevard. The property is fully leased to tenants such as City Gear, Instant Tax Service, Boost Mobile and Check n’ Go. Save-A-Lot and Walgreens shadow anchor the

Fitness Center F45 to Open First Missouri Location in Kansas City’s Corrigan Station

KANSAS CITY, MO. — Functional 45 (F45) is opening its first Missouri location at Corrigan Station in Kansas City. The new fitness center will be located in the Corrigan Station Garage and occupy 2,319 square feet of street-level space. Set to open this summer, the center will offer F45 Training, a method of group circuit exercises that focuses on variety, high intensity and functionality. The name stands for Functional 45-minute class durations, according to F45. Molly Crawford Munninghoff …

Block & Co. Negotiates $2.8M Sale of Retail Center in Kansas City, Missouri

KANSAS CITY, MO. — Block & Co. Inc. Realtors has negotiated the sale of Two Ten Center in North Kansas City for $2.8 million. The 15,057-square-foot shopping center is located on the northeast corner of I-29 and Armour Road. The property is 90 percent leased to tenants such as Quiznos, Care ATC, Donut King and Insure One. Max DiCarlo of Block & Co. negotiated the sale on behalf of the buyer, Mariam LLC. Block & Co. will handle leasing and property management for the

Cullinan Properties to Develop 60,000 SF Mixed-Use Building at Streets of St. Charles in Missouri

ST. CHARLES, MO. — Cullinan Properties Ltd. has begun development of a new 60,000-square-foot building at the Streets of St. Charles near St. Louis. The mixed-use building will feature 20,000 square feet of ground-floor retail space and 40,000 square feet of office space. Additional parking is also under construction as part of the project. The building is slated to open in spring 2019. Cullinan Properties is leasing the retail space, while Colliers International is marketing the office space …

Save-A-Lot Selects The Crossings at Northwest in St. Louis for New Headquarters

ST. LOUIS — Save-A-Lot has selected a new location in St. Louis for its corporate headquarters. Currently located in Earth City, the supermarket chain is planning to move to The Crossings at Northwest mixed-use development and expand its headquarters workforce by approximately 64 people. The Crossings at Northwest, formerly Northwest Plaza shopping mall, is now home to companies such as Charter Communications, Starbucks and Menards, as well as a wide range of St. Louis County government …

Hunt Mortgage Provides $5M Acquisition Loan for 54-Unit Townhome Property in Kansas City

KANSAS CITY, MO. — Hunt Mortgage Group has provided a $5 million Freddie Mac small balance loan for the acquisition of Holly Ridge Townhomes in Kansas City. The 54-unit apartment property consists of 27 three-story townhome buildings. Built in 2007, the property is currently 94 percent occupied. The 10-year loan features a 30-year amortization schedule. PI Holly Ridge LLC was the