Missouri Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/missouri/ Commercial Real Estate from Coast to Coast Mon, 10 Aug 2026 13:12:39 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.3 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Missouri Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/missouri/ 32 32 Texas Roadhouse to Open at Olive Crossing in Olivette, Missouri https://rebusinessonline.com/texas-roadhouse-to-open-at-olive-crossing-in-olivette-missouri/ Mon, 10 Aug 2026 13:12:37 +0000 https://rebusinessonline.com/?p=463096 OLIVETTE, MO. — Texas Roadhouse will open at Olive Crossing in the St. Louis suburb of Olivette. Keeley Properties and KEAT Properties are developing Olive Crossing, a mixed-use project spanning 14.8 acres that is currently home to The Clover luxury apartments and a retail lineup including Aldi, Paris Baguette, Tropical Smoothie Café, Verizon and The Brass Tap. Construction details and the anticipated opening timeline for Texas Roadhouse will be announced as they become available.

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]]> American House, Winterpast Capital Acquire 192-Unit Seniors Housing Community in Kansas City https://rebusinessonline.com/american-house-winterpast-capital-acquire-192-unit-seniors-housing-community-in-kansas-city/ Fri, 07 Aug 2026 12:49:09 +0000 https://rebusinessonline.com/?p=462978 KANSAS CITY, MO. — American House Senior Living Communities and Winterpast Capital Partners have acquired St. Anthony’s Senior Living, a 192-unit community in Kansas City. Helios Healthcare Advisors brokered the sale. Situated on a 4-acre campus in the Brookside neighborhood, the property consists of independent living units, assisted living units and memory care residences. Originally home to the Highland Tower medical office building, the property underwent a $40 million redevelopment beginning in 2019. The original structure was stripped to its steel and concrete frame and transformed into a nine-story independent living community, while a newly constructed assisted living and memory care building was completed adjacent to the tower in 2020. Following an initial opening during the pandemic and a challenging post-COVD lease-up, the seller retained a regional operator to manage the community in March 2024 with a mandate to improve operations, optimize expenses and accelerate occupancy growth.

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]]> Gantry Secures $30.5M Permanent Loan for Kansas City Logistics Facility https://rebusinessonline.com/gantry-secures-30-5m-permanent-loan-for-kansas-city-logistics-facility/ Thu, 06 Aug 2026 13:11:49 +0000 https://rebusinessonline.com/?p=462876 KANSAS CITY, MO. — Gantry has secured a $30.5 million permanent loan to refinance maturing debt for a 603,000-square-foot warehouse located in the Skyport Industrial Center in Kansas City’s Northland submarket. The multi-tenant facility underwent a full renovation in 2023 and is now fully leased. The building features a clear height of 32 feet, 22,000-square-foot bay size, 135-foot-deep truck court, cross dock expansion capacity and access to the Kansas City International Airport, I-29 and I-435. Mark Reichter of Gantry represented the borrower, a private real estate investor. A life insurance company provided the seven-year, fixed-rate nonrecourse loan, which includes one year of interest-only payments transitioning to a 30-year amortization. Gantry will service the loan for the lender.

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]]> Northmarq Brokers $70M Sale of Multifamily Property in Wentzville, Missouri https://rebusinessonline.com/northmarq-brokers-70m-sale-of-multifamily-property-in-wentzville-missouri/ Fri, 24 Jul 2026 13:36:51 +0000 https://rebusinessonline.com/?p=461871 WENTZVILLE, MO. — Northmarq has brokered the $70 million sale of Villages at Lake Silvercote, a 381-unit, garden-style multifamily property in Wentzville. Dominic Martinez, Parker Stewart, Alex Malzone and Charlie McKee of Northmarq represented the seller, a local investment group. The buyer was a private firm. Villages at Lake Silvercote features a mix of one-, two- and three-bedroom apartments and townhome-style residences, averaging 1,190 square feet. Amenities include a pool, fitness center, clubhouse and barbecue grill areas.

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]]> King Realty Advisors, Colliers Arrange Sale of 217-Acre Office Campus in St. Louis https://rebusinessonline.com/king-realty-advisors-colliers-arrange-sale-of-217-acre-office-campus-in-st-louis/ Wed, 22 Jul 2026 13:37:09 +0000 https://rebusinessonline.com/?p=461671 ST. LOUIS — King Realty Advisors and Colliers have arranged the sale of the 217-acre office campus at 8000 W. Florissant Ave. in St. Louis. Bryan King of King Realty Advisors represented the buyer, Jim Onder. Joe Hill of Colliers represented the seller. According to the St. Louis Business Journal, the most recent owner of the former Emerson Electric Co. campus was technology company Copeland, which will continue to occupy its current headquarters at the property and lease from the new owner. Copeland is an Emerson spinoff company owned by Blackstone. The property is comprised of nine buildings totaling 980,644 square feet.

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]]> Life Time, Midas Hospitality to Open 263-Unit Luxury Apartment Complex in Metro St. Louis https://rebusinessonline.com/life-time-midas-hospitality-to-open-263-unit-luxury-apartment-complex-in-metro-st-louis/ Mon, 06 Jul 2026 13:54:46 +0000 https://rebusinessonline.com/?p=460333 RICHMOND HEIGHTS, MO. — Life Time is expanding its presence in the St. Louis market with plans to introduce Life Time Living, its wellness-centered luxury residential concept, through a new partnership with Midas Hospitality. The seven-story development in Richmond Heights will combine upscale residences with Life Time’s signature athletic club. Plans call for 263 apartment units in a mix of studio, one- and two-bedroom layouts. Residents will benefit from direct access to a 110,000-square-foot Life Time athletic club. Amenities will include a 30,000-square-foot rooftop pool and outdoor amenity deck; fitness, training and recovery spaces; dedicated group fitness studios and personal coaching services; and indoor and outdoor gathering spaces. There will also be 6,000 square feet of retail space. The project will be part of the broader Boulevard South mixed-use development along Brentwood Boulevard.

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]]> Milhaus to Build 194-Unit Affordable Housing Project in Kansas City https://rebusinessonline.com/milhaus-to-build-194-unit-affordable-housing-project-in-kansas-city/ Mon, 06 Jul 2026 13:53:36 +0000 https://rebusinessonline.com/?p=460330 KANSAS CITY, MO. — Milhaus has received approval from the Missouri Housing Development Commission (MHDC) for Low-Income Housing Tax Credits (LIHTC) to advance Linwood & Troost Apartments in Kansas City. The project will convert two vacant lots at 2300 Troost Ave. into an affordable housing development featuring two four-story buildings with 194 units. The project marks the first LIHTC development in Kansas City for Milhaus. Funding for the development includes 4 percent federal tax credits through the MHDC LIHTC program, a tax abatement from Kansas City’s Planned Industrial Expansion Authority and $1.5 million awarded from the Kansas City Housing Trust Fund. All units will serve households at or below 60 percent of the area median income. Construction is expected to begin by the end of 2026, with completion anticipated in 2028. Milhaus is serving as both developer and general contractor.

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]]> Gantry Arranges $32.5M Permanent Loan for Kansas City Multifamily Property https://rebusinessonline.com/gantry-arranges-32-5m-permanent-loan-for-kansas-city-multifamily-property/ Thu, 02 Jul 2026 13:19:35 +0000 https://rebusinessonline.com/?p=460216 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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]]> Northmarq Secures $13.7M Bridge Loan for Innerbelt Business Center in Metro St. Louis https://rebusinessonline.com/northmarq-secures-13-7m-bridge-loan-for-innerbelt-business-center-in-metro-st-louis/ Wed, 01 Jul 2026 13:49:46 +0000 https://rebusinessonline.com/?p=460155 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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]]> Gart Properties Acquires 158,000 SF Shopping Center in Kansas City https://rebusinessonline.com/gart-properties-acquires-158000-sf-shopping-center-in-kansas-city/ Tue, 30 Jun 2026 13:17:49 +0000 https://rebusinessonline.com/?p=460018 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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]]> HDA, ISC Contracting Complete Renovation of St. Louis Jewish Community Center’s Marilyn Fox Building https://rebusinessonline.com/hda-isc-contracting-complete-renovation-of-st-louis-jewish-community-centers-marilyn-fox-building/ Thu, 25 Jun 2026 13:06:53 +0000 https://rebusinessonline.com/?p=459686 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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]]> Paris Baguette to Open Fourth Kansas City-Area Location in Lee’s Summit https://rebusinessonline.com/paris-baguette-to-open-fourth-kansas-city-area-location-in-lees-summit/ Mon, 22 Jun 2026 13:50:03 +0000 https://rebusinessonline.com/?p=459367 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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]]> HDA Completes Design of 23,000 SF Nissan Dealership in Herculaneum, Missouri https://rebusinessonline.com/hda-completes-design-of-23000-sf-nissan-dealership-in-herculaneum-missouri/ Fri, 19 Jun 2026 12:49:16 +0000 https://rebusinessonline.com/?p=459177 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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]]> Sobremesa Opens New Restaurant at Streets of St. Charles in Missouri https://rebusinessonline.com/sobremesa-opens-new-restaurant-at-streets-of-st-charles-in-missouri/ Thu, 18 Jun 2026 13:16:15 +0000 https://rebusinessonline.com/?p=459054 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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]]> Dwight Capital Provides $36M HUD-Insured Loan for Multifamily Community in Missouri https://rebusinessonline.com/dwight-capital-provides-36m-hud-insured-loan-for-multifamily-community-in-missouri/ Wed, 17 Jun 2026 13:24:26 +0000 https://rebusinessonline.com/?p=458961 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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]]> Front Line Safety Leases 113,000 SF Distribution Center in Kansas City https://rebusinessonline.com/front-line-safety-leases-113000-sf-distribution-center-in-kansas-city/ Fri, 12 Jun 2026 12:57:13 +0000 https://rebusinessonline.com/?p=458630 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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]]> HDA Completes Design of 38-Unit Condo Development in Clayton, Missouri https://rebusinessonline.com/hda-completes-design-of-38-unit-condo-development-in-clayton-missouri/ Wed, 03 Jun 2026 13:33:44 +0000 https://rebusinessonline.com/?p=457890 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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]]> Google Unveils $15B Infrastructure Investment in New Florence, Missouri https://rebusinessonline.com/google-unveils-15b-infrastructure-investment-in-new-florence-missouri/ Thu, 28 May 2026 13:32:55 +0000 https://rebusinessonline.com/?p=457494 NEW FLORENCE, MO. — Google has unveiled plans to invest $15 billion in building infrastructure in New Florence, about 75 miles west of St. Louis. The data center project will create thousands of construction jobs over the build period and hundreds of direct operational roles once the facility is up and running. Google is collaborating with the Construction Laborers and Contractors Joint Training Fund of Eastern Missouri to support the Laborers and Contractors Training Center. The project will enable the center to train more than 2,300 construction laborers, including 1,500 apprentices, over the next two years. In accordance with Missouri’s consumer protections in Senate Bill 4, which Gov. Kehoe signed into law in 2025, Google will continue to pay for 100 percent of the power the data center uses and any new infrastructure costs that are directly driven by its operations. To date, Google has contracted to bring more than one gigawatt of new generation capacity to Missouri, and through its partnership with Ameren, the company is supporting the development of more than 500 megawatts of additional capacity. To further address energy affordability, Google has also announced a $20 million Energy Impact Fund to support programs that drive down monthly…

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]]> Construction Begins on Second Phase of Luxury Apartment Project in Blue Springs, Missouri https://rebusinessonline.com/construction-begins-on-second-phase-of-luxury-apartment-project-in-blue-springs-missouri/ Fri, 22 May 2026 13:03:00 +0000 https://rebusinessonline.com/?p=457178 BLUE SPRINGS, MO. — A second phase of Blue Springs’ first luxury apartment community, MajorLux Luxury Apartments, is slated to include 123 units and 11,732 square feet of first-floor retail space anchored by Costenio’s Price Chopper. Bill Maas and Daniel Brocato of Block & Co. Inc. Realtors are handling leasing of the retail spaces. According to Block & Co., ideal uses at MajorLux Two include full-service restaurant concepts, Yoga or Pilates studios and service tenants such as dry cleaners, salons and health users. Completion of the project is slated for summer 2027.

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]]> Colliers Brokers Sale of 321,000 SF Office Building in Kansas City https://rebusinessonline.com/colliers-brokers-sale-of-321000-sf-office-building-in-kansas-city/ Fri, 15 May 2026 13:22:57 +0000 https://rebusinessonline.com/?p=456698 KANSAS CITY, MO. — Colliers has brokered the sale of 2323 Grand Boulevard in Kansas City’s Crown Center submarket. Evan Warwick of Colliers represented the seller, Stanton Road Capital LLC. Bryan Johnson of Colliers represented the buyer, Crain Co., a multifamily acquisition and development company based in Wichita. Amenities at the property include a full-service cafeteria with outdoor seating, dedicated management and maintenance teams, 24-hour security and a fitness center. Recent capital enhancements included a renovated lobby, common areas and elevator systems. The 11-story building was developed in 1985. Stanton Road Capital acquired the property in 2017.

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