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LoansMidwestMissouriMultifamily

Gantry Arranges $32.5M Permanent Loan for Kansas City Multifamily Property

by Kristin Harlow

KANSAS CITY, MO. — Gantry has arranged a $32.5 million permanent loan as construction takeout financing for the Edison at Tiffany Springs, a multifamily community delivered in 2022 in Kansas City’s Tiffany Springs/Northland area. The property features seven three-story buildings offering 243 units in a variety of floor plans. Amenities include a clubhouse, pool, pickleball court, golf simulator, walking paths and a mix of 72 garages and 337 surface parking spots. Joe Monteleone and Bonnie Monteleone of Gantry represented the borrower, a private real estate investor. The Freddie Mac loan features a 10-year, fixed interest rate with partial-term interest-only payments followed by a 35-year amortization.

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AcquisitionsIndustrialLoansMidwestMissouri

Northmarq Secures $13.7M Bridge Loan for Innerbelt Business Center in Metro St. Louis

by Kristin Harlow

OVERLAND, MO. — Northmarq has secured $13.7 million in acquisition financing for Innerbelt Business Center, a 191,925-square-foot flex/showroom property in Overland near St. Louis. Lucas Goring and Andy Finn of Northmarq arranged the financing on behalf of Fountain Real Estate Capital through a regional bank. The five-year loan features three years of interest-only payments along with future funding. The property is close to stabilization, but Fountain will look to push rents to market as leases reach expiration, according to Northmarq.

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AcquisitionsMidwestMissouriRetail

Gart Properties Acquires 158,000 SF Shopping Center in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Gart Properties has acquired Village at Burlington Creek, a 158,000-square-foot, grocery-anchored shopping center in Kansas City’s Northland corridor. Situated less than 10 miles from downtown with direct access to I-29, Village at Burlington Creek is home to Sprouts Farmers Market, Orangetheory Fitness, Club Pilates, Caribou Coffee, Taco Bell and a variety of daily needs businesses. The acquisition marks Gart’s first outside of Colorado. Chris Robertson of Newmark Zimmer represented Gart. PNC financed the transaction.

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CivicDevelopmentMidwestMissouri

HDA, ISC Contracting Complete Renovation of St. Louis Jewish Community Center’s Marilyn Fox Building

by Kristin Harlow

CHESTERFIELD, MO. — Architect HDA and ISC Contracting have completed a comprehensive renovation of the St. Louis Jewish Community Center’s Marilyn Fox Building in Chesterfield. The 87,930-square-foot renovation project reimagined the longstanding community hub with expanded amenities, modernized spaces and enhanced accessibility. Originally constructed in 1996 with a minor renovation in 2008, the Marilyn Fox Building has long served as a place for community recreation in West St. Louis County. HDA partnered with the St. Louis Jewish Community Center to breathe new life into the facility. The project included the addition of a new Adult Day Center with capacity for 36 participants as well as new locker rooms, a redesigned lobby and gathering space and upgraded infrastructure systems. Additional improvements included renovations to the gymnasium, fitness center and Early Childhood Center along with expanded kitchen facilities, dedicated pickleball courts, upgraded security and communications systems and exterior enhancements. Construction began in April 2024. The facility remained operational throughout the construction process. ODA Studio served as the interior designer.   

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AcquisitionsMidwestMissouriRestaurantRetail

Paris Baguette to Open Fourth Kansas City-Area Location in Lee’s Summit

by Kristin Harlow

LEE’S SUMMIT, MO. — Bakery café Paris Baguette will open at 909 NE Rice Road in Lee’s Summit. The Jackson County location marks the tenant’s fourth in the Kansas City area, following the upcoming downtown location in Kansas City’s Power & Light District. The Lee’s Summit bakery is expected to open in spring 2027 following an extensive remodel. Bill Maas of Block & Co. Inc. Realtors represented the seller of the property, Equity Bank. Paris Baguette is known for integrating Asian-inspired flavors with traditional French baking methods.

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DevelopmentMidwestMissouriRetail

HDA Completes Design of 23,000 SF Nissan Dealership in Herculaneum, Missouri

by Kristin Harlow

HERCULANEUM, MO. — Architect HDA has completed the AutoCenters Nissan in Herculaneum, a suburb of St. Louis. The 23,000-square-foot project features 8,500 square feet of office, administrative and customer-facing space complemented by 14,500 square feet of service, parts and detail areas. A full curtainwall system wraps the showroom, and the signature red Nissan entry tablet serves as a focal point.

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Leasing ActivityMidwestMissouriRestaurantRetail

Sobremesa Opens New Restaurant at Streets of St. Charles in Missouri

by Kristin Harlow

ST. CHARLES, MO. — Sobremesa has opened a new Mexican restaurant at Streets of St. Charles, a mixed-use property located northwest of St. Louis. The restaurant, located in Suite 130 at 1660 Beale St., joins two hotels, a movie theater, apartments, office space and other restaurants at the development. Cullinan Properties owns and operates the 27-acre Streets of St. Charles.

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LoansMidwestMissouriMultifamily

Dwight Capital Provides $36M HUD-Insured Loan for Multifamily Community in Missouri

by Kristin Harlow

WRIGHT CITY, MO. — Dwight Capital has provided a $36 million HUD 223(f) loan for the refinancing of Vista on the Park, a 234-unit apartment community in Wright City, about 50 miles west of downtown St. Louis. Jonathan Pomper of Dwight originated the financing on behalf of the borrower, Pollard Properties. The loan features a 35-year term.

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IndustrialLeasing ActivityMidwestMissouri

Front Line Safety Leases 113,000 SF Distribution Center in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Front Line Safety has unveiled plans to establish a new safety and first aid solutions distribution center in Kansas City, investing $1.7 million and creating 21 new jobs. The project is expected to generate $6.1 million in new annual payroll. The 113,000-square-foot facility, secured with CBRE, will support the company’s growth and expand its ability to serve customers throughout the Midwest and across North America. The facility is expected to open in July 2026.

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DevelopmentMidwestMissouriMultifamily

HDA Completes Design of 38-Unit Condo Development in Clayton, Missouri

by Kristin Harlow

CLAYTON, MO. — Architect HDA has completed the design of Forsythia on the Park, a luxury condominium development in Clayton. The four-story, 155,500-square-foot building is positioned adjacent to Shaw Park and features 38 two- and three-bedroom residences. The open layouts feature private terraces. Amenities include a resident lounge anchored by a fireplace, a technology-equipped community room and services such as a 24-hour concierge and guest valet parking. The development is now open.

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