Thursday, June 26, 2025
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Missouri

IndustrialLeasing ActivityMidwestMissouri

UPS Inks 210,600 SF Industrial Lease at Hunt Midwest Business Center in Kansas City

by Kristin Harlow

KANSAS CITY, MO. — UPS Supply Chain Solutions has signed a 210,600-square-foot industrial lease at Hunt Midwest Business Center in Kansas City. An additional 268,000 square feet remain available for lease at the building, which features a clear height of 36 feet, 68 trailer parking spots and 245 car parking stalls. Owner Hunt Midwest plans to break ground on a fifth building at the industrial park in 2023. Additionally, infrastructure improvements will help facilitate the development of a new 135-acre phase of the industrial park that will accommodate buildings ranging in size from 300,000 to 1 million square feet. The improvements will also enable a new north entrance to SubTropolis, the world’s largest underground business complex. Austin Baier and Mike Mitchelson of CBRE represented Hunt Midwest in the lease with UPS.

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AcquisitionsMidwestMissouriRetail

Newmark Arranges Sale of 92,613 SF Retail Building in Jefferson City, Missouri

by Kristin Harlow

JEFFERSON CITY, MO. — Newmark has arranged the sale of a 92,613-square-foot retail building net leased to Orscheln Farm & Home in Jefferson City. The sales price was undisclosed, but the asking price of $6.7 million represented a cap rate of 5.5 percent. Matt Berres, Samer Khalil, Karick Brown, Michael VanBuskirk and Chris Robertson of Newmark represented the seller, a private developer, and procured the undisclosed buyer. Orscheln Farm & Home took occupancy of the property in 2017 and signed a new 15-year lease in 2021. The retailer operates 175 stores in 11 states.

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DevelopmentHealthcareMidwestMissouri

Tarlton Breaks Ground on 66,000 SF Outpatient Health Center for SSM Health in O’Fallon, Missouri

by Kristin Harlow

O’FALLON, MO. — Tarlton Corp. has broken ground on a two-story, 66,000-square-foot outpatient health center for SSM Health in the St. Louis suburb of O’Fallon. The center will offer extensive imaging, adult and pediatric urgent care services, laboratory services and a retail pharmacy. In addition, SSM Health will partner with SSM Health Medical Group, SLUCare Physician Group and Cardinal Glennon Children’s Hospital to provide onsite primary, specialty and pediatric services. Slated for completion in mid-2024, the facility will be situated near the Streets of Caledonia, a lifestyle center incorporating a mix of retail and residential space. ACI Boland Architects is providing architectural services, while Cochran Engineering, KPFF Consulting Engineers and Ross & Baruzzini are providing engineering services.

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DevelopmentMidwestMissouriMultifamily

Clayco Completes Redevelopment of Former St. Luke’s Hospital in St. Louis into Apartments

by Kristin Harlow

ST. LOUIS — Clayco has completed Delmar DivINe, a redevelopment of the former St. Luke’s Hospital in St. Louis into apartments. Clayco completed the project in partnership with Maxine Clark, the founder of Build-a-Bear Workshop. The 310,000-square-foot building is now home to 150 apartment units, space for 33 nonprofit tenants and retail storefronts along Delmar Boulevard. Amenities include a pool, fitness center, dog park, resident lounge and courtyard. Clayco collaborated with developer CRG, architect Lamar Johnson Collaborative and many local subcontractors. The long-neglected hospital campus was built in 1904.

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AcquisitionsMidwestMissouriMultifamily

MMG Real Estate Advisors Arranges Sale of 769-Unit Apartment Complex in St. Louis

by Kristin Harlow

ST. LOUIS — MMG Real Estate Advisors has arranged the sale of Gateway at City Park, a 769-unit apartment complex in St. Louis that was formerly known as Cityview. Located in the city’s downtown west neighborhood, the property was built in 1960 and renovated in 2013. Amenities include a CityHive coworking space, covered parking garage, media room, rooftop terrace and two fitness centers. Daniel Wiele and Tom Maloney of MMG represented the seller, Mills Properties, which completed more than $28 million in upgrades. Blue Magma Residential was the buyer.

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AcquisitionsMidwestMissouriMultifamilyNorthmarq

Northmarq Arranges Sale of 208-Unit Multifamily Property in Liberty, Missouri

by Kristin Harlow

LIBERTY, MO. — Northmarq has arranged the sale of Jefferson Park East, a 208-unit multifamily property in the Kansas City suburb of Liberty. Built in 1987, the value-add community is located at 1220 Missouri Court. Jeff Lamott and Gabe Tovar of Northmarq represented the seller, Kansas City-based Maxus Properties. The buyer and sales price were not provided.

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AcquisitionsMidwestMissouriRetail

Lawyers Realty Brokers Sale of 10,450 SF Building Occupied by Kohn’s Kosher Meat Market, Grocer and Deli in St. Louis

by Jeff Shaw

ST. LOUIS — Lawyers Realty Co. has arranged the sale of Kohn’s Kosher Meat, Grocer and Deli in St. Louis for an undisclosed price. Lawyers Realty brokers David Wright and Zach Williams represented the sellers, the Kohn family, in their sale of the business and real estate. The site, located at 10405 Old Olive Street, measures 10,450 square feet and has been home to Kohn’s since 1997. The Kosher market began operating in 1963 when Holocaust survivors Simon and Bobbie Kohn started the business, which was most recently run by their children, Lenny Kohn and Rosemary Kohn Cooper. The next generation was not interested in taking over the business. Lawyers Realty implemented a nationwide strategy in marketing both the business and the real estate. The business and property were jointly acquired by a local investor and a group of investors from the East Coast. As a result, the business will continue to operate and serve the St. Louis community.

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DevelopmentMidwestMissouriMultifamily

Tegethoff Development Completes $90M Transit-Oriented Apartment Project in St. Louis

by Kristin Harlow

ST. LOUIS — Tegethoff Development has completed Expo at Forest Park, a $90 million transit-oriented apartment development in St. Louis. The project is adjacent to the Forest Park-DeBaliviere MetroLink Station in the historic Skinker-DeBaliviere neighborhood. Expo at Forest Park includes two buildings with 287 units, along with parking, amenities and 30,000 square feet of retail space. The north building opened in August, while the south building will open in the next few weeks. More than half of the new residents do not own cars, according to Tegethoff. Bi-State Development operates the Metro Transit system that serves eastern Missouri and southwestern Illinois. Bi-State has worked to create a safer, more secure public transit system. Trivers assisted in architecture, planning, urban design and interiors for Expo at Forest Park. Trivers collaborated with associate architect HOK and general contractor Brinkmann Constructors.

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DevelopmentMidwestMissouriMultifamily

Holland Construction Services Completes Phase II of Sunnen Station Apartment Complex in Missouri

by Kristin Harlow

MAPLEWOOD, MO. — Holland Construction Services has completed Phase II of the Sunnen Station apartment complex in Maplewood, a western suburb of St. Louis. Phase II encompasses a four-story, 121-unit building with an attached 61,000-square-foot parking garage with 187 spaces. The Sunnen Family developed the project in conjunction with Cozad Commercial Real Estate. Tim Sandweg was the architect. Phase I of Sunnen Station, which Holland completed in 2017, is fully leased. Monthly rents start at $960 for studios.

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IndustrialLeasing ActivityMidwestMissouri

Reaction Auto Parts Signs 265,393 SF Industrial Lease in St. Peters, Missouri

by Kristin Harlow

ST. PETERS, MO. — Reaction Auto Parts Inc. has signed a 265,393-square-foot industrial lease at Premier 370 Business Park in St. Peters, a western suburb of St. Louis. The company will occupy space at the final building within the industrial park, which is slated for completion before the end of the year and will span 366,916 square feet. To date, the development is home to 4.2 million square feet and tenants such as Reckitt Benckiser, Best Buy, Grove Collaborative and Amazon. In 2021, Panattoni Development purchased the last two lots available from Duke Realty and developed a 423,000-square-foot building earlier this year as well as the final building. Geoff Orf and Chad Burkemper of Colliers and Matt Hrubes of CBRE represented Panattoni.

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