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ST. LOUIS — Principal Commercial Real Estate has merged with Walpert Properties. The new company will operate under Principal Commercial Real Estate and launched its new brand, structure and website on October 1, 2010. Walpert Properties was founded by Robert Walpert in 1989; Principal Commercial was co-founded by Gary Parker, Dan Merlo and Dan Dokovic in early 2010. Kent Evans, who joined the Principal team in July, will oversee the integration of the two companies. The combined companies plan to continue to expand all facets of development, acquisition, management and brokerage services.