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Missouri

Leasing ActivityMidwestMissouriRetail

Block & Co. Secures 35,000 SF Location for Me 2 You Career Academy in Raytown, Missouri

by Kristin Harlow

RAYTOWN, MO. — Block & Co. Inc. Realtors has secured a 35,000-square-foot location for Me 2 You Career Academy in the Kansas City suburb of Raytown. The fast-track healthcare program that provides debt-free education has moved to 9808 E. 66th Terrace and 9817 E. 66th St. Me 2 You is a Missouri Department of Higher Education-accredited institution established in 2021. The new location provides a larger and improved space to support the academy’s employees, students and overall program growth. Garrett Cohoon of Block & Co. represented the tenant in the lease, while Bill Maas of Block & Co. represented the undisclosed landlord.

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DevelopmentIndustrialMidwestMissouri

Wieland Expands Operations in Metro St. Louis with $500M Manufacturing Facility

by Kristin Harlow

ST. LOUIS — Wieland, a global supplier of high-quality copper and copper alloy solutions, is expanding its operations in the St. Louis region, investing $500 million in a new facility. Construction began in early March. The expansion will retain 800 jobs. Wieland, which manufactures products for the electric vehicle industry, contributes to the nearly 16,000 skilled metals industry workers in the area. The company also makes parts for construction, munitions, coinage and electronics. Wieland maintains recycling facilities in Granite City and produces welded copper tubes in Cuba, Mo. The St. Louis region ranks second in the United States for minerals and ores exports, primarily including metals and metal products, according to the St. Louis Regional Freightway.

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AcquisitionsIndustrialMidwestMissouri

Arch Street, Artemis Acquire 2.4 MSF Industrial Portfolio in Metro Kansas City

by Kristin Harlow

KANSAS CITY, MO. — Arch Street Capital Advisors and Artemis Real Estate Partners have acquired a 2.4 million-square-foot industrial portfolio in metro Kansas City for an undisclosed price. The portfolio consists of four Class A properties that are all fully leased and situated near the BNSF intermodal facility. Further details regarding the transaction were not provided.

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DevelopmentHealthcareMidwestMissouri

MBG Underway on 60,000 SF Ignite Medical Resort in St. Peters, Missouri

by Kristin Harlow

ST. PETERS, MO. — General contractor MBG is underway on construction of the first Ignite Medical Resort in the St. Louis area. Located in St. Peters, the project is slated for completion in August. The single-story, 60,000-square-foot facility will feature 69 private rooms and 12 semi-private rooms. With elements of high-end hospitality of a 5-star luxury resort, the development features an advanced care model called “LuxeRehab.” The property will feature a lobby, reception desk, café, large windows, landscaped courtyard, two dining rooms, a full commercial kitchen and salon. Rehabilitation services will deploy the latest technology. In addition, Ignite Medical Resort will feature a mock home with a full kitchen, laundry and bathroom where patients are taught and evaluated on readiness to return to independent living. Ignite Medical Resort operates 25 facilities across six states specializing in short-term rehabilitation for a variety of medical needs. Physical, occupational and speech therapy services are provided seven days a week. The project marks the first in the St. Louis market for developer Leo Brown Group.

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Leasing ActivityMidwestMissouriRetail

Block & Co. Completes Lease-Up of Crossroads Shopping Center in Liberty, Missouri

by Kristin Harlow

LIBERTY, MO. — Block & Co. Inc. Realtors has completed the lease-up of Crossroads Shopping Center in the Kansas City suburb of Liberty. The most recent lease transactions were with Total Wireless and Frame It. Additional tenants include Savers, Curves, Sugar Kittens Cat Café & Cattery, Palen Music Center, Dollar General, Pizza Hut and Mi Hacienda. Daniel Brocato and Phil Peck of Block & Co. are the leasing agents for the property.

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DevelopmentIndustrialMidwestMissouri

Brinkmann Constructors Completes 127,000 SF Cold Storage Facility in Foristell, Missouri

by Kristin Harlow

FORISTELL, MO. — Brinkmann Constructors has completed a 127,000-square-foot cold storage distribution center for Coastal Cold Storage in Foristell, about 43 miles west of St. Louis. The facility, the first of three planned phases, was completed in nine months. Coastal Cold Storage owns and operates the property, which is situated along I-70 and features a 55,600-square-foot freezer, 29,300-square-foot cooler with a 42-foot clear height, 23,500-square-foot cold dock spanning 70 feet deep and a total capacity of 16,500 pallet positions. There is also an 8,600-square-foot office and support area.

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AcquisitionsMidwestMissouriRetail

Hanley Investment Group Brokers Sales of Two Adjacent Retail Buildings in Metro Kansas City

by Kristin Harlow

BLUE SPRINGS, MO. — Hanley Investment Group Real Estate Advisors has brokered the sales of two adjacent retail buildings in the Kansas City suburb of Blue Springs. The sales price was undisclosed, but the combined transaction size exceeded $5 million with a blended cap rate in the low 6 percent range. The single-tenant, net-leased properties are occupied by Heartland Dental (4,200 square feet) and Starbucks (2,312 square feet). Both were constructed in 2024. Jeff Lefko and Bill Asher of Hanley, in association with Jay Ferguson of Ferguson Properties Inc., represented the seller and developer of both buildings, Ferguson Properties and Foresight Real Estate. Peter Winterling of Kidder Mathews represented the buyer of the Heartland Dental-occupied property, a private 1031 exchange investor from California’s Central Valley. John Martin of Lee & Associates represented the buyer of the Starbucks-occupied asset, a private 1031 exchange investor from Southern California.  

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DevelopmentMidwestMissouriRetail

Holland, HDA Complete Exterior Renovation of 70,000 SF Lexus Dealership in Metro St. Louis

by Kristin Harlow

MANCHESTER, MO. — Holland Construction Services and architect HDA have completed an exterior renovation of Mungenast Lexus of St. Louis, a 70,000-square-foot auto dealership in the western St. Louis suburb of Manchester. The project included metal cladding, dark column accents and a new entryway with a prominent Lexus logo. The building features a two-story showroom, 32 service bays, a café and car wash/detail area. HDA originally designed the facility in 2009 as the first LEED Silver-certified Lexus auto dealership in the country.

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DevelopmentMidwestMissouriRestaurantRetail

Starbucks Opens at MILA Apartments in Ellisville, Missouri

by Kristin Harlow

ELLISVILLE, MO. — Starbucks has opened its first location in Ellisville, a western suburb of St. Louis. The standalone property totals 2,300 square feet and serves as the newest amenity for the 227-unit MILA Apartments, which is slated to open in June. The development team for MILA, which includes Midas Hospitality and Balke Brown with its affiliates Double Eagle Development and Diamond Income Fund, also developed the building for Starbucks. The four-story MILA features units that range in size from 552 to 1,363 square feet. Work is currently focused on finalizing interior spaces. Amenities include a courtyard, pool, bocce ball, mini golf, dog park, business center and fitness room. Rosemann & Associates designed the building, and MBG is the general contractor. Leasing will begin in April and is being managed by 2B Residential.

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CivicDevelopmentMidwestMissouri

Crossland Construction Breaks Ground on New Police Department Headquarters in Chillicothe, Missouri

by Kristin Harlow

CHILLICOTHE, MO. — Crossland Construction Co. has broken ground on the new 11,600-square-foot police department headquarters for the City of Chillicothe, located in northern central Missouri. Hoefer Welker designed the facility, which is located at 624 Cherry St. The new headquarters replaces the existing police station. Upon completion, the building will feature spacious training facilities to support officer development as well as private and open office areas. Officer resource areas will be complete with mailboxes, copy machines, radio charging stations and space for evidence processing and storage. To enhance safety, the property will feature a fully enclosed sallyport, which provides direct access to the station and holding areas. There will be dedicated space for taking public reports and conducting private interviews as well as advanced communication technologies integrated throughout. Staff will have access to an exercise room, outdoor patio space, quiet room and communal break room. Additional project partners include BHC Engineering, J&S Structural Engineers and Landworks Studio.

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