HENDRICKS & PARTNERS ARRANGES MULTIFAMILY TRANSACTION

by admin

ST. LOUIS — Phoenix-based Hendricks & Partners has represented both parties in the sale of Clara, a multifamily community located at 308-314 Clara Ave. in St. Louis. Chicago-based Clara Properties LLC has acquired the 36-unit property from Clayton, Mo.-based MIRP/DeBaliviere II Phase Two LLC. The buyer has plans to perform various unit and common area updates at the apartment community. Ken Aston, Paul Cunningham and Steve Pearl in the St. Louis office of Hendricks & Partners represented both parties in the transaction. The acquisition price was not disclosed.

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