Tuesday, April 29, 2025
Read the Digital Magazines Subscribe to the Magazines
Subscribe

Missouri

DevelopmentIndustrialMidwestMissouri

Hunt Midwest Breaks Ground on 203,899 SF Industrial Build-to-Suit Project for Community Wholesale Tire in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Hunt Midwest has broken ground on a 203,899-square-foot industrial build-to-suit project for Community Wholesale Tire at Hunt Midwest Business Center in Kansas City. The facility will feature a clear height of 32 feet, 60 trailer parking spaces, 190 vehicle parking spaces and a 190-foot-deep truck court. Completion is slated for the end of the year. The project team includes civil engineer Olsson and Associates, general contractor GPS-KC and H2B Architects. Austin Baier and Mike Mitchelson of CBRE represented Hunt Midwest. Located just east of I-435, Hunt Midwest Business Center totals 2,500 acres. Community Wholesale Tire maintains facilities in nine states across the Midwest, serving more than 4,500 tire dealers.

Continue Reading
FacebookTwitterLinkedinEmail
CivicDevelopmentMidwestMissouri

Reinhardt Construction, S. M. Wilson & Co. to Serve as Construction Manager at Risk for Columbia Public Schools’ Building Program

by Kristin Harlow

COLUMBIA, MO. — A joint venture between Reinhardt Construction LLC and S. M. Wilson & Co. will serve as the construction manager at risk for Columbia Pacific Schools’ bond program aimed to improve and expand the district’s facilities. Over the coming year, Reinhardt/Wilson and the architect team, DLR Group and SOA, will provide pre-construction and design services, respectively. The firms will work to maximize the budget, establish plans for various projects and hire project teams. Plans call for renovations and new construction at the Columbia Area Career Center, an addition at Battle Elementary School and construction of a new elementary school next to the John Warner Middle School. Construction is expected to begin in late 2023 or early 2024. Funding for these projects comes from a no-tax-rate-increase bond referendum, which was approved by voters in April 2022. Columbia is located about 30 miles north of Jefferson City.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMissouriMultifamily

Marcus & Millichap Brokers Sale of The Gabriel Apartments in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Marcus & Millichap has brokered the sale of The Gabriel, a 13-unit apartment property in Kansas City. The sales price was undisclosed. The asset consists of one building at 535 Gladstone Blvd. and a vacant building at 531 Gladstone Blvd. Aaron Kuroiwa, Jack Beckett and Jacob Carroll of Marcus & Millichap represented the seller, a private investor. The team also secured and represented the buyer, an individual trust. The buyer was interested in the opportunity to renovate the vacant building, according to the brokerage.

Continue Reading
FacebookTwitterLinkedinEmail
HospitalityLoansMidwestMissouri

Cronheim Hotel Capital Arranges $25.8M Loan for Refinancing of Hotel Phillips in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Cronheim Hotel Capital has arranged a $25.8 million loan for the refinancing of Hotel Phillips in Kansas City. The loan will replace the existing note plus anticipated capital expenditures. The borrowers, Arbor Lodging and Lubert-Adler, acquired the property in 2018. The 216-room hotel, built in 1931, is located in the city’s central business district. It was once the tallest building in town, rising 20 stories. Today, Hotel Phillips is part of Hilton’s Curio collection and is listed on the National Register of Historic Places.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMissouriRetail

Marcus & Millichap Brokers $9.1M Sale of Retail Strip Center in Branson, Missouri

by Kristin Harlow

BRANSON, MO. — Marcus & Millichap has brokered the $9.1 million sale of Lakeside Shoppes at Branson Landing, a 30,763-square-foot retail strip center in Branson. Built in 2015, the property is located directly adjacent to Branson Landing, a $435 million waterfront development situated on 95 acres along the banks of Lake Taneycomo. Tenants at the center include Qdoba Mexican Grill, Tropical Smoothie Café, Cold Stone Creamery and Pappo’s Pizzeria & Pub. Chris Garavaglia, Alex Perez and Austin Sweet of Marcus & Millichap represented the seller, a limited liability company. The buyer was a Louisiana-based private investor.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMidwestMissouriMultifamily

Spellman Brady Completes Interior Design for Citrine Apartment Community in Missouri

by Kristin Harlow

LAKE ST. LOUIS, MO. — Spellman Brady & Co. has completed the interior design for the clubhouse and leasing office of Citrine, a luxury apartment community in Lake St. Louis, a northwest suburb of St. Louis. Mill’s Properties owns the community. Spellman Brady was responsible for specifying and procuring the furniture, artwork and accessories for the clubhouse and leasing office. The 2,685-square-foot clubhouse features a fitness center, dog park, pet spa and community lounge with a bistro café. Spellman Brady collaborated with GMA Architects and ARCO Construction Co. on the project.

Continue Reading
FacebookTwitterLinkedinEmail
LoansMidwestMissouriMultifamily

JLL Arranges $47M Loan for Refinancing of St. Louis Apartment Building

by Kristin Harlow

ST. LOUIS — JLL Capital Markets has arranged a $47 million loan for the refinancing of Marlowe, a newly built apartment complex featuring 205 units in the Central West End neighborhood of St. Louis. Completed in 2022, Marlowe features studio, one- and two-bedroom units. Amenities include a pool, lawn with putting green, bark park, fitness studio and flex workspaces. Danny Kaufman, Philip Galligan, Mary Dooley and Rebecca Brielmaier of JLL represented the borrower, Keeley Properties. An insurance company provided the four-year, fixed-rate loan. Sound Mark Partners provided preferred equity for the deal.

Continue Reading
FacebookTwitterLinkedinEmail
AcquisitionsMidwestMissouriMultifamily

Marcus & Millichap Arranges Sale of 58-Unit Multifamily Property in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Marcus & Millichap has arranged the sale of Creekwood Park Duplex Townhomes in Kansas City for an undisclosed price. The 58-unit multifamily property is located at 5808 NE 42nd St. About 30 percent of the units have been renovated, and the property was 97 percent occupied at the time of sale. Jacob Carroll and Aaron Kuroiwa of Marcus & Millichap represented the seller, an individual trust. The duo also secured and represented the buyer, a limited liability company.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMidwestMissouriMultifamily

Brinkmann Constructors Breaks Ground on 316-Unit Apartment Complex in St. Peters, Missouri

by Kristin Harlow

ST. PETERS, MO. — Brinkmann Constructors has broken ground on Old Hickory Village, a 316-unit apartment complex in St. Peters, a northwest suburb of St. Louis. The project will consist of two buildings and a parking garage. Amenities will include a pool, fitness center, pickleball courts and three courtyards. Completion is slated for May 2025. Tegethoff Development is the developer.

Continue Reading
FacebookTwitterLinkedinEmail
DevelopmentMidwestMissouriMultifamily

CRG Opens Chapter at The Streets Luxury Apartments in Suburban St. Louis

by Kristin Harlow

ST. CHARLES, MO. — CRG has opened Chapter at The Streets, a 245-unit luxury apartment community in the St. Louis suburb of St. Charles. The five-story property is located at 333 Mulholland Drive. Chapter at The Streets offers studio, one- and two-bedroom floor plans ranging in size from 504 to 1,141 square feet. Monthly rents range from $1,475 to $2,390. Amenities include a fitness center, resident lounge, coworking space, pet grooming station, pool, sun deck and grilling stations. The community offers AT&T wireless connectivity in all common areas. Aligning with CRG’s mission to incorporate neighborhood-inspired artwork into its developments, Chapter at The Streets features a mural along the building’s parking garage co-designed by Media-Objectives and artist Wylie Caudill. The mural references the history and location of St. Charles. The project is situated within The Streets of St. Charles mixed-use development, which spans 27 acres and features numerous retail, restaurant and entertainment offerings, including an eight-screen AMC movie theater. The Streets also houses office space, two hotels and public spaces. Residents of Chapter at The Streets also enjoy direct access to the 240-mile Katy Trail. The project team included Chicago-based Humphreys & Partners Architects and Chesterfield, Mo.-based Brinkmann Constructors. St. Louis-based …

Continue Reading
FacebookTwitterLinkedinEmail
Newer Posts
Older Posts