Missouri

Mid-America Real Estate Arranges Sale of Shackelford Center Near St. Louis

by Danielle Everson February 4, 2015

FLORISSANT, MO. — Mid-America Real Estate Corp. has brokered the sale of Shackelford Center located in Florissant, a suburb of St. Louis. Fair Oaks, Calif.-based The Carrington Co. purchased the 49,635-square-foot grocery-anchored shopping center. Shackelford Center is located at the southeast corner of Shackelford Road and Mullanphy Lane. Schnucks anchors the shopping center. Ben Wineman and Carly Gallagher of Mid-America Real Estate Corp. were the exclusive brokers in the transaction on behalf of a joint venture between San Antonio, Texas-based USAA Real Estate Co. and Clayton, Mo.-based The DESCO Group.

February 4, 2015

Industrial Midwest Missouri

Sansone Group Arranges 29,231 SF Industrial Lease for JW Logistics in Maryland Heights, Mo.

by Danielle Everson January 23, 2015

MARYLAND HEIGHTS, MO. — The Sansone Group/CORFAC International has arranged the lease of a 29,231-square-foot industrial space for JW Logistics LLC in Maryland Heights, a suburb of St. Louis. The property is located at 11401-11445 Moog Dr. The industrial space is near I-270 and Page Avenue. JW Logistics will use the warehouse space as a packaging and staging area to serve one of its main corporate clients. Vince Bajardi of The Sansone Group/CORFAC International represented JW Logistics in the lease.

January 23, 2015

Civic Midwest Missouri

McGrath Completes Construction on $8.5M Ameren Missouri Switching Station in St. Louis

by Danielle Everson January 22, 2015

ST. LOUIS — McGrath & Associates has completed construction work on Ameren Missouri’s $8.5 million switching station located at 1901 Martin Luther King Drive in downtown St. Louis. The entire switching project, estimated at $42.5 million, is part of a larger Ameren Missouri investment to upgrade electric service in downtown St. Louis over the coming decades. McGrath constructed 70 structural piers with eleven concrete pad foundations, a perimeter fence and a new city sidewalk. McGrath also provided site work on the project, removing abandoned sewer pipes and cisterns, including remedial soil excavating.

January 22, 2015

Midwest Missouri Retail

L3 Corp. Arranges Lease of 10,000 SF for Dollar Tree in St. Robert, Mo.

by Danielle Everson January 21, 2015

ST. ROBERT, MO. — L3 Corp. has arranged the lease of a 10,000-square-foot retail building in St. Robert, 32 miles northeast of Lebanon, Mo. Dollar Tree will occupy space within Liberty Commons located at Liberty Drive. The landlord is American Realty and Development LLC. L3 Corp. represented the tenant in the transaction.

January 21, 2015

Midwest Missouri Mixed-Use

HOK Acquires Kansas City-Based 360 Architecture

by Danielle Everson January 16, 2015

ST. LOUIS – HOK has completed the acquisition of Kansas City-based 360 Architecture, a 200-person firm that designs sports, recreation, wellness, entertainment and mixed-use facilities. HOK’s Sports + Recreation + Entertainment practice designs mixed-use entertainment districts anchored by sporting venues that promote urban revitalization. Teams from both firms have been working on integration plans since announcing the agreement on Aug. 19, 2014. HOK’s re-entry into the Sports + Recreation + Entertainment market in 2015 coincides with the celebration of its 60th anniversary. After HOK Sport launched in 1983, the firm became a pioneer in redefining sports facilities. HOK spun off its sports practice in 2008. 360 Architecture was founded in Kansas City in 2004 through a merger of CDFM2 Architecture Inc. and Heinlein Schrock Stearns.

January 16, 2015

Midwest Missouri Multifamily

The Opus Group Begins Construction on Luxury Apartment Building in St. Louis

by Danielle Everson January 14, 2015

ST. LOUIS — The Opus Group, in partnership with AIG GlobalReal Estate, has begun construction on a 12-story luxury apartment building in the Central West End neighborhood of St. Louis. The building will include 217 apartment units featuring alcove, one-, two-bedroom and penthouse floor plans. Amenities will include a fitness center, a pool terrace with an outdoor grilling space and fire pits, bar and club rooms, a dog wash and underground parking. Opus Development Co. LLC is the developer and Opus Design Build LLC is the design-builder. Opus AE Group LLC is the architect and structural engineer of record. Minneapolis-based ESG Architects provided conceptual design services. Completion of the project is slated for fall 2016.

January 14, 2015

Midwest Missouri Retail

PPM/Keller Plaza acquires Keller Plaza Shopping Center

by Danielle Everson January 14, 2015

ST. LOUIS — PPM/Keller Plaza LLC has acquired a retail center in St. Louis for $3.7 million. Keller Plaza includes a 52,842-square-foot shopping center and 11,034 square feet of ground leases. The property is located at 4500 Lemay Ferry Road. PPM acquired the property from Phillips Edison & Co. Jack in the Box, Firestone, Jiffy Lube and the Keller Plaza Cine 8 theaters anchor the property. There is a total of 1,020 square feet of in-line vacancy.

January 14, 2015

Hospitality Midwest Missouri

HREC Arranges Sale of Crowne Plaza St. Louis

by Danielle Everson January 12, 2015

ST. LOUIS — HREC Investment Advisors has arranged the sale of the 440-guestroom, full-service Crowne Plaza St. Louis Hotel in St. Louis. 200 STL Holdings LLC purchased the property for an undisclosed sales price. The 29-story hotel is located directly across from Jefferson National Expansion Memorial Park and includes views of the Gateway Arch, Mississippi River and St. Louis skyline. The buyer plans to convert the property into a mixed-use project, with a 140-key boutique hotel and 300 residential units. Geoff Davis and Ted Anka of HREC Investment Advisors, along with Scott Kaniewski of SVP – Chicago, represented Hallmark Hotels LLC in the transaction.

January 12, 2015

Midwest Missouri

Hawthorn Leadership School for Girls to Open in St. Louis

by Danielle Everson January 12, 2015

ST. LOUIS — Hawthorn Leadership School for Girls has purchased a 57,000-square-foot building in St. Louis for $1.75 million. The property, located at 1901 N. Kingshighway, will serve as a new charter school, which is Missouri’s first all-girls public school. The school plans to open this fall. Hawthorn is a college preparatory middle and high school with a focus on science, technology engineering and math. Peter Newton of Hilliker Corp. represented the seller, Imagine Schools. John Ross of Summit Development represented the buyer, Hawthorn School.

January 12, 2015

Midwest Missouri Retail

Mid-America Real Estate Brokers Sale of Shopping Center in O’Fallon, Mo.

by Danielle Everson January 9, 2015

O’FALLON, MO. — Mid-America Real Estate Corp. and St. Louis, Mo.-based Pace Properties have brokered the sale of O’Fallon Walk, a 157,779-square-foot community shopping center in O’Fallon, a St. Louis-suburb. Boca Raton, Fla.-based PEBB Enterprises purchased the property, which is located at the southwest corner of Highway K and Feise Road, for an undisclosed sales price. Gordmans, Justice, Kirkland’s, and Catherines anchor the center. Ben Wineman of Mid-America and Scott Seyfried of Pace Properties brokered the transaction on behalf of New York-based Special Servicer for a CMBS Trust.

January 9, 2015

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