Thursday, February 19, 2026
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Missouri

DevelopmentMidwestMissouriMultifamily

Sansone Group, Mia Rose Holdings to Build $55M Multifamily Project Near St. Louis

by Kristin Harlow

ST. PETERS, MO. — Sansone Group and Mia Rose Holdings are building The Preston at City Center, a $55 million multifamily project in St. Peters near St. Louis. The 216-unit development marks the launch of a new partnership between the two firms. The Preston at City Center will feature one-, two- and three-bedroom units. Amenities will include a pool, fitness center, coworking lounge, dog park and a ground-leased Exit 11 Coffee outlot. The developers closed on the land this month. Construction is expected to begin in April, with completion slated for the third quarter of 2027.

Continue Reading
FacebookTwitterLinkedinEmail
Market ReportsMidwestMidwest Market ReportsMissouriOffice

Prime Office Space in St. Louis: Scarcity and Strategy

by Kristin Harlow

By Joshua Allen and David Kelpe, JLL One year ago, CBRE Research forecasted a shortage of prime office space in Heartland Real Estate Business. That prediction has proven accurate. Since the beginning of 2025, demand for top-tier office space has continued to drive leasing activity across the region. This persistent appetite for quality has pushed prime Class A availability to record lows, creating a competitive environment for tenants and landlords alike. The St. Louis office market encompasses approximately 53 million square feet of competitive space. Yet, a closer look reveals a critical challenge: 73 percent of this inventory was constructed before the 1990s. This aging supply base means that only 2.6 million square feet qualifies as truly “prime” — the newest, most desirable assets located in walkable urban areas with abundant amenities. These buildings represent the gold standard for tenants seeking modern design, energy efficiency and proximity to vibrant neighborhoods. Currently, prime Class A availability sits at a mere 5.5 percent, a stark contrast to the 25.2 percent average for non-prime Class A assets. This gap reflects a clear and ongoing preference among tenants for buildings that combine high-quality construction with strategic location. In short, companies are willing to pay …

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsLoansMidwestMissouriRetail

Trident Capital Partners Provides $1.5M Bridge Loan for Retail Property in Metro Kansas City

by Kristin Harlow

BLUE SPRINGS, MO. — Trident Capital Partners has provided a $1.5 million bridge loan for the acquisition of a newly constructed retail property within the Copperleaf Shopping Center in Blue Springs. The six-month, full-recourse loan is secured by a first lien on the property, a 4,685-square-foot retail building housed on one of the center’s pad sites. The borrower, a partnership of three private investor groups, acquired the property to maintain control over development and tenant selection at the Copperleaf Shopping Center, a 32,978-square-foot retail center that it purchased in February 2023 for $6.9 million. The outparcel building is partially leased to two national restaurant concepts, including Dutch Bros Coffee and Qdoba Mexican Eats. An additional 1,775 square feet remains available.

Continue Reading
FacebookTwitterLinkedinEmail
Leasing ActivityMidwestMissouriOffice

Paris Brothers to Open New Headquarters in Kansas City’s Power & Light District

by Kristin Harlow

KANSAS CITY, MO. — Paris Brothers, a Kansas City-based global food and beverage company, has finalized a new seven-year lease for a headquarters office in Kansas City’s Power & Light District. The company will relocate its corporate team to a 16,000-square-foot space at 13th Street and Baltimore Avenue. Paris Brothers is best known as the parent company of Parisi Coffee. The new space will enable the company to better host partners and develop new products, according to a release. Paris Brothers expects to open the new office in advance of the World Cup, of which Kansas City is one of the host cities.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMissouriRetail

Block & Co. Brokers Sale of 9,500 SF Retail Strip Center in Belton, Missouri

by Kristin Harlow

BELTON, MO. — Block & Co. Inc. Realtors has brokered the sale of Belton Center, a 9,500-square-foot retail strip center in Belton. Block & Co. principals played a key role in the property’s original development in 2002 and have served as the ownership and property management company since its completion. The seller was the original owner of the center, and this transaction marks the first sale of the fully leased property since it was built. Block & Co. will continue to provide leasing and property management services for the new ownership. David Block, Zachary Albrecht and Grant Summers of Block & Co. represented the seller. The buyer was an out-of-state investor.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMissouriMultifamily

LouMin Holdings Buys 57-Unit Townhome Community in St. Charles, Missouri

by Kristin Harlow

ST. CHARLES, MO. — LouMin Holdings has acquired Springwell Village, a 57-unit single-family and townhome rental community in the St. Louis suburb of St. Charles. Springwell Village features two- and three-bedroom floor plans. Select homes include basements and there is a combination of attached and detached garages. Amenities include a walking trail, covered community pavilion with barbecue area and pet-friendly outdoor spaces. Capital Eleven Management will assume day-to-day operations.

Continue Reading
FacebookTwitterLinkedinEmail
Data CentersIndustrialMarket ReportsMidwestMidwest Market ReportsMissouri

Why Data Centers Are Emerging as a Defining Opportunity for the St. Louis Region

by Kristin Harlow

By David Steinbach, JLL As artificial intelligence (AI) acceleration, cloud expansion and high-performance computing reshape the digital economy, cities across the U.S. are reevaluating whether they can meaningfully compete for data center investment. St. Louis is increasingly part of that national conversation — and the reasons are structural, not speculative. With competitive power pricing, repurposable industrial infrastructure, developable land and a strengthening policy framework, the region is positioned to capture the next wave of large-scale digital infrastructure. This moment represents more than a real estate opportunity. It’s an inflection point that could redefine the region’s industrial future if public and private stakeholders act in alignment. Cost, infrastructure profile Data center site selection begins with power and connectivity, and St. Louis offers meaningful advantages on both. Missouri’s industrial electricity rates continue to trend below the national average, with the state at 7.69 cents per kilowatt-hour compared with the U.S. industrial average of 8.65 cents per kilowatt-hour, according to the latest EIA data.  This is a significant differentiator for large-scale campuses with substantial, long-duration energy needs. The region’s legacy industrial and former generation sites also come with high capacity transmission infrastructure that can be repurposed, reducing both development timelines and the cost …

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMidwestMissouriMixed-UseMultifamily

Sansone Group, Mia Rose Holdings Create Partnership for Multifamily, Mixed-Use Developments

by Kristin Harlow

ST. LOUIS AND FESTUS, MO. — Sansone Group and Mia Rose Holdings LLC have created a strategic partnership to collaborate on select multifamily and mixed-use opportunities. The partnership will leverage the firms’ combined expertise in site selection, design oversight, construction management and asset performance. Festus, Mo.-based Mia Rose Holdings has delivered more than 3,000 residential units across 18 communities. St. Louis-based Sansone Group has developed more than 50 million square feet nationwide. The firms will share project-specific announcements resulting from the partnership in the near future.

Continue Reading
FacebookTwitterLinkedinEmail
KansasMarket ReportsMidwestMidwest Market ReportsMissouriMultifamily

Multifamily Is Needed for All Income Levels in Kansas City

by Kristin Harlow

By Doug Stockman, Helix Architecture + Design Straddling two states, Kansas City is one of the country’s most distinctive real estate markets. Since 1992, our firm has designed workplace, cultural, higher education and multifamily projects of all types in the city, with specialized expertise in adaptive reuse. We see multifamily as the most active segment in 2026.  Compared with other states, Missouri’s support for new housing projects is about average. Kansas is near the bottom, because the state lacks the revenue to incentivize housing. Inventory on the Kansas side is also less, with most multifamily housing located outside the city. Looking ahead, low-income housing tax credit (LIHTC) incentives will ideally accelerate Kansas City’s biggest market demand — affordable housing. The Kansas City Affordable Housing Set-Aside Ordinance presents some obstacles. To receive city subsidies, multifamily developments must have 12 or more units, 20 percent of which need to be affordable for households earning 60 percent or less of the area median income (AMI). Alternately, developers can pay $100,000 into the city’s Affordable Housing Trust Fund.  Further, developers must navigate a complex process of zoning approvals and community engagement meetings that culminates with a city council hearing. If approved, developers on the Missouri …

Continue Reading
FacebookTwitterLinkedinEmail
Market ReportsMidwestMidwest Market ReportsMissouriMixed-Use

Kansas City Leads By Example: How to Balance Growth and Heritage in Legacy Neighborhoods

by Kristin Harlow

By Graham Smith, Multistudio A national shift is underway, and it starts with how cities listen. Across the country, communities and development teams are rethinking how reinvestment happens in legacy neighborhoods shaped by deep cultural identity but burdened by decades of underinvestment. These districts often hold irreplaceable history, yet for years they were sidelined by capital markets that prioritized scale, speed and uniformity over context and continuity. Historically, redevelopment in these areas followed a familiar pattern: projects designed first and explained later. Too often, that sequence displaced cultural institutions, local businesses and social networks that gave neighborhoods their meaning. Today, rising expectations around equitable development and renewed interest in urban cores are forcing a different calculus. Community engagement is no longer a step at the end of a project. It is a strategic input that shapes outcomes, reduces risk and strengthens long-term value. Intentional reinvestment Kansas City offers a timely example of how intentional process can align with market opportunity. After years of downtown population growth, expanded transit infrastructure and rising global visibility ahead of the 2026 FIFA World Cup, long deferred reinvestment became feasible. Local leaders recognized that this momentum created an opportunity to reinvest in the historic 18th …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts