Missouri

LIBERTY, MO. — Metrobloks, a developer of AI-ready, low-latency data center infrastructure in major metropolitan markets, has formed a joint venture with Lincoln Property Co., a full-service real estate firm with an established data center platform. The partnership will focus on the co-development of a high-performance data center campus in Liberty within metro Kansas City. The newly acquired site totals 30 acres and is already zoned and powered for data center use. It sits within 10 miles of the GPC Missouri Internet Exchange Point. Plans call for a multi-phase, 568,000-square-foot campus designed to support hyperscale, AI and enterprise data center workloads, with flexibility to scale over time beyond the initial 150MW total utility power.

FacebookTwitterLinkedinEmail

WENTZVILLE, MO. — Missouri-based cannabis brand VIBE Cannabis is developing a flagship dispensary, VIBE City, at the final retail outlot at Grand Central at The Junction in Wentzville, a western suburb of St. Louis. Mia Rose Holdings is the developer for the Grand Central at The Junction mixed-use development. The project includes 180 luxury apartment units with a mix of retail, fitness and dining tenants, including Sugarfire and F45 Training, along with a Holiday Inn Express hotel. Additional retail space, formerly occupied by Brett Hull’s Junction House, is currently available for lease. The Wentzville location for VIBE will total 6,500 square feet and represent an estimated $7.5 million investment. The space will feature a drive-thru pickup window. The project team includes Layne Co. Construction, SE/Coady Architects, Premier Design Group, Crockett Engineering Consultants and Engenuity. Triad Bank provided financing. Construction is underway, with a target opening slated for September.

FacebookTwitterLinkedinEmail

ST. LOUIS — St. Louis-based McCarthy Building Cos. has topped out construction of the 14-story, 200-bed SSM Health Cardinal Glennon Children’s Hospital in St. Louis. The topping out ceremony signified completion of the building’s structural frame and advanced the hospital toward the planned opening in late 2027. The new facility will incorporate advanced technology, expanded specialty units and a “healing-focused environment.” Plans call for a larger pediatric intensive care unit, new bone marrow transplant unit, increased operating room capacity, a dedicated dialysis unit and private, light-filled NICU, PICU and CVICU spaces. The project team includes Dallas-based architecture and design firm HKS Inc. and St. Louis-based planning and design firm The Lawrence Group. SSM Health is a Catholic, nonprofit health system with care delivery sites in Illinois, Missouri, Oklahoma and Wisconsin.

FacebookTwitterLinkedinEmail

KENNETT, MO. — Marcus & Millichap has brokered the $7 million sale of Bootheel Plaza, a 23-suite retail strip center in Kennett, located in the southeast corner of Missouri and four miles east of Arkansas. Built in 1973, the property totals 126,193 square feet and sits directly in front of a Walmart Supercenter. Anchor tenants include Tractor Supply, Bealls and Dollar Tree. Austin Sweet, Chris Garavaglia and Alex Perez of Marcus & Millichap represented the seller and procured the buyer, both of which were private investors.

FacebookTwitterLinkedinEmail

KANSAS CITY, MO. — The Kansas City Symphony has unveiled plans to develop a new live music venue in the city’s South Plaza district. The indoor venue, designed for audiences of up to 4,600 guests and targeted to open in 2028, will host touring artists across genres and support a limited number of Symphony performances that benefit from amplified or enhanced production formats. The project will also be designed to support the live performance of films with orchestra, which regularly rank among the Symphony’s most in-demand offerings. Populous and McCownGordon are the project’s design and construction build teams, respectively. The development at 4901 Main St. will be walkable to the Country Club Plaza. While Helzberg Hall at the Kauffman Center will remain the definitive orchestral home of the Symphony, the new venue will expand its reach. Managed by Music and Event Management Inc. (MEMI), the property will host over 100 annual events. The Symphony will wholly own the new venue and will contract with MEMI to operate it. MEMI, a subsidiary of the Cincinnati Symphony Orchestra, has measured a growing demand from artists and audiences for 4,000 to 6,000-seat venues that hit a “sweet spot” between intimate experience and major …

FacebookTwitterLinkedinEmail

SHELL KNOB, MO. — TopSide Marinas has acquired Campbell Point Marina on Table Rock Lake in Shell Knob within southwest Missouri. The transaction marks the third for TopSide Marinas in Missouri and the Ozarks, after the acquisition of Cape Fair Marina and Hideaway Marina in 2023. Campbell Point Marina features more than 280 wet slips ranging in length from 24 to 80 feet. Amenities include wet storage, fuel, boat rentals, retail and an ice cream shop. This spring, TopSide Marinas will expand the capacity with the addition of 50 new wet slips, constructed by its in-house dock building partner James River Dock Services.

FacebookTwitterLinkedinEmail

ST. PETERS, MO. — SparrowHawk, through a joint venture partnership with Almanac Realty Investors, has acquired Premier 370 DC II, a 366,900-square-foot distribution center on 20 acres in the Premier 370 Business Park in St. Peters near St. Louis. The purchase price was $28.5 million. Panattoni developed the property in 2023. Reaction Auto Parts occupies 265,393 square feet, while the remaining 101,000 square feet has been leased by Crown Packaging Corp. The building features a clear height of 36 feet, 60-foot loading bays, parking for 100 cars and 27 trailers, 13 dock-high doors, one drive-in door, an ESFR sprinkler system and LED lighting. Premier 370 Business Park is located at Highway 370 near I-70. Tenants include Amazon, Reckitt Benckiser and Medline. In late 2025, Almanac committed $300 million in growth capital to SparrowHawk, which utilized some of that capital for the acquisition of a 764,735-square-foot warehouse in Edgerton, Kan.

FacebookTwitterLinkedinEmail

CHESTERFIELD, MO. — Gantry has arranged a $22 million permanent loan to refinance maturing debt for Chesterfield Commons, a retail power center in Chesterfield, a western suburb of St. Louis. Anchor tenants at the 750,000-square-foot inline center include Walmart, Sam’s Club, Lowe’s, Best Buy and Ross. Additional tenants include a mix of 40 restaurant, fast food, beauty, fashion, professional service, sporting goods, banking, home goods and health and wellness. Joe Monteleone and Rulin Dai of Gantry represented the borrower, a private real estate investor. One of Gantry’s correspondent insurance company lenders provided the five-year, fixed-rate nonrecourse loan, which offers full-term interest-only payments. Gantry will service the loan for the lender.

FacebookTwitterLinkedinEmail

EFFINGHAM, ILL., JOPLIN, MO. AND PADUCAH, KY. — CBRE has arranged the sale of a six-property, 589-room Hilton select-service and extended-stay hotel portfolio located across Illinois, Missouri and Kentucky. Chatham Lodging Trust acquired the portfolio. Nate Sahn and James Foxx of CBRE represented the seller, McHugh Hospitality Group. The properties include Home2 Suites Effingham, Hampton Inn & Suites Effingham, Home2 Suites Joplin, Homewood Suites Joplin, Hampton Inn & Suites Paducah and Homewood Suites Paducah. Several of the assets received recent renovations.

FacebookTwitterLinkedinEmail

RIVERSIDE, MO. — Gantry has secured a $25.5 million permanent loan to retire maturing construction debt from the development of Riverside Logistics Centre II, a 328,000-square-foot, multi-tenant logistics facility in the northwest Kansas City suburb of Riverside. The building features a clear height of 36 feet, 36 overhead dock doors, four drive-in doors and parking for 88 trailers. Mark Reichter and Alec Frook of Gantry represented the borrower, a private real estate investor. A life insurance company provided the nonrecourse loan, which features a seven-year term, fixed interest rate and 27-year amortization.

FacebookTwitterLinkedinEmail
Newer Posts