CLAYTON, MO. — Sansone Group, the leasing and property management team for PNC Center, has unveiled a new 11,435-square-foot amenities center at the 18-story office tower in the St. Louis suburb of Clayton. Named The Clayton Club, the project features a training center that can accommodate up to 64 participants, alongside two additional conference rooms and three huddle rooms for smaller meetings. The center also boasts a fully equipped fitness facility, complete with towel service, personal training and a dedicated movement room. Additional upgraded amenities include a micro-mart, putting green, pool table and various relaxation areas. The Clayton Club provides whiskey and wine lockers for an after-work experience. Sansone Group’s property management team oversaw every aspect from design collaboration to contractor selection and project execution. The property is owned by Clayton Central Owner LLC. Local architect Domash DesignSource and Los Angeles-based David Netto Design were the architects. Two new tenants have signed leases at the building totaling over 15,000 square feet.
Missouri
LIBERTY, MO. — TAB USA and Animal Health International have inked leases at Liberty Heartland Logistics Center in the Kansas City suburb of Liberty. The Opus Group developed the three-building industrial project in a joint venture with Washington Capital Management Inc. TAB, an international manufacturer of industrial batteries, moved into its 66,700-square-foot space earlier this year for housing its first U.S. headquarters and assembly and distribution operations. Animal Health International, a global distributor of animal health products, will open its 255,000-square-foot distribution center in March. Liberty Heartland Logistics Center currently has 490,300 square feet of vacancy across two buildings. The first phase of the development was an 847,475-square-foot build-to-suit for Hallmark. Opus was the developer, design-builder, architect and structural engineer on the shell buildings and the architect and structural engineer on TAB’s build-out. Davidson Architecture & Engineering and Krudwig Structural Engineers completed the build-out for Animal Health International. Michael VanBuskirk, Mark Long, John Hassler and Scott Bluhm of Newmark Zimmer are the leasing agents.
KANSAS CITY, MO. — Walker & Dunlop has arranged a $65 million loan for the refinancing of Plaza Vista Offices in Kansas City. Located at 900 W. 48th St. on the west side of the Country Club Plaza, the property serves as the headquarters of Polsinelli PC. The development features a 10-story building totaling 253,736 square feet situated above a 950-space underground parking garage. Joseph Platt of Walker & Dunlop arranged the fixed-rate loan through Bank of America on behalf of the borrower, Platform Ventures LLC.
ROLLA, MO. — Marcus & Millichap has brokered the sale of Gateway Storage of Rolla, a 242-unit self-storage property in Rolla, a city in central Missouri. The sales price was undisclosed. Located at 11295 Old Highway 66, the facility offers 132 non-climate-controlled units and 110 climate-controlled units totaling 33,978 square feet across three acres. Built in 2015, the property is situated off I-44. Marla Colic of Marcus & Millichap represented the seller, Gateway Storage Mall, and procured the buyer, an out-of-state investment group.
KANSAS CITY, MO. — California-based developer BR Cos. will build 800 Grand, a $250 million multifamily project at the southwest corner of Eighth Street and Grand Boulevard in downtown Kansas City. The 25-story high-rise building will consist of 300 apartments and 24,000 square feet of retail and restaurant space. Information on floor plans and the amenity package was not announced. Hoefer Welker designed 800 Grand, and Clark Construction and JE Dunn are serving as the general contractors for the tower. Tentative groundbreaking and completion dates were not announced, but the development has been in the works for more than a year. “Kansas City has the right environment and connectivity through smart public investment in public parks and transportation expansions to attract private investment,” said Ryan Sullivan, chief development officer of BR Cos. BR Cos., which maintains an office in Kansas City, has also partnered with local real estate agency Aristocrat Realty on the development. Founded in 2011, BR Cos. currently has 200 employees on staff and focuses on several business lines throughout the United States and Mexico, including real estate, construction, finance and energy. — Taylor Williams
KANSAS CITY, MO. — Block & Co. Inc. Realtors has arranged the sale of a 19-property Minit Mart portfolio in metro Kansas City for an undisclosed price. Greg Roberts of Block & Co. represented the buyer, Tarkio Real Estate LLC. The portfolio will be transitioned into independent liquor and corner stores. All gas pumps will be rebranded to Phillips 66.
KANSAS CITY, MO. — The Cordish Companies has unveiled plans for a $10 million upgrade to Kansas City Live! in the city’s Power & Light District. The project will include updates to existing spaces and the introduction of a new concept to the entertainment destination. The Kansas City Live! Block will feature a new exterior canopy, ceiling heaters and misters to make the open-air venue welcoming during all seasons. New high-definition ribbon boards and enhanced theatrical lighting will enhance shows and events. Expanded group seating areas, fresh landscaping and additional bar access will enhance the atmosphere. Additionally, Pizza Bar will receive a patio refresh with new outdoor seating, upgraded finishes and bar. Opening in spring 2025, Besos y Abrazos is a Latin-inspired dining venue with DJs. The cuisine draws inspiration from traditional street foods across Latin America, and guests can enjoy crafted margaritas and sangria. Nightclub Mosaic will receive a $2.5 million upgrade and expansion, nearly doubling in size. Standout features will include a state-of-the-art audio system, lighting and DJ booth backed by a new high-resolution LED wall. There will also be a new luxury lounge with expansive bar and additional VIP seating, and a refreshed patio. Construction is scheduled …
WARRENSBURG AND GRANDVIEW, MO. — Gantry has secured $17.2 million in permanent loans for two suburban Kansas City apartment complexes. The properties include the 73-unit Meadowbrook Estates in Warrensburg and the 56-unit Chelsea Apartments in Grandview. Both assets underwent comprehensive renovations in the past two years. Mark Reichter and Alec Frook of Gantry secured the loans on behalf of the borrower, an individual private real estate company. Both 10-year Fannie Mae loans feature fixed interest rates with five years of interest-only payments.
KANSAS CITY, MO. — Kansas City-based MMG Real Estate Advisors has expanded its footprint with the addition of Capstone Colorado, a multifamily and land brokerage team based in Denver. MMG says the addition marks a pivotal step in its expansion strategy, significantly strengthening its presence across key markets in the western United States. There are 18 new team members, including 11 multifamily advisors and seven operations specialists. The partnership will integrate Adam Riddle and Jason Koch, two principals with nearly 20 years of experience each, into MMG’s leadership team. The team will be based in Denver and will work in close partnership with MMG’s national teams. The Colorado office will now encompass three primary teams: Denver apartment team, land team and North Central team, which will specialize in the advisement and disposition of multifamily assets throughout the Dakotas, Montana, Iowa and Nebraska.
KANSAS CITY, MO. — Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $56 million bridge loan for Willow Creek Apartments in Kansas City. The 998-unit, garden-style multifamily property spans nearly 70 acres and includes 43 buildings housing one-, two- and three-bedroom units. Amenities include two pools, a fitness center, racquetball and tennis courts, garage parking and a clubhouse with business center. Loan proceeds will be utilized to refinance existing debt, complete remaining construction costs, cover closing costs and fund required escrows. David Scheer of Dwight originated the loan on behalf of the borrower, KC Willow Creek LLC.