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Commercial Real Estate News
St. Louis
Commercial Real Estate News
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River Trace Townhomes Trade for $4.5M
A local owner taking title as River Trace LLC purchased the 92-unit River Trace Townhomes in St. Louis' Spanish Lake from another private investor. The 138,930-square-foot community traded for $4.5 million, or about $49,000 per unit. The 18-building...

Missouri’s First Amazon Fulfillment Center Coming to St. Peters
Credit: Amazon Amazon (NASDAQ: AMZN) announced that it selected suburban St. Louis for the location of a new 800,000-square-foot fulfillment center. According to local media outlets, the new fulfillment center will be located in Duke Realty’s Premier...

CRP Leases 10,000 SF in Chesterfield
Clinical Research Professionals (CRP), a site management company that provides a network of physicians that conduct clinical research trials, signed a five-year office lease for 10, 462 square feet at 17998 Chesterfield Airport Rd. in Chesterfield, MO...

Mac Properties Breaks Ground on 316-Unit Multifamily Tower in Central West End
Mac Properties, a Chicago-based multifamily development firm affiliated with Englewood, NJ-based Antheus Capital, broke ground on the 316-unit One Hundred, an apartment tower located at 100 N. Kingshighway Blvd. in St. Louis’ Central West End. The...

Bentall Kennedy Sells 17-Bldg PHT Medical Office Portfolio
Princeton Medical Arts Pavillion in Plainsboro, NJ, one of 17 medical office buildings that were acquired by Heitman. Bentall Kennedy, a Sun Life Investment Management company that has about $37 billion of assets under management, sold its Partners Health...

Amcor Renews 223,000-SF Lease in Hazelwood
Amcor, a Melbourne, an Australia-based company that develops and produces packaging for a variety of consumer products, renewed its 222,563-square-foot lease at the Lindbergh Distribution Center at 5801 N. Lindbergh Blvd. in Hazelwood, MO. Built in...

Senior Homes Solutions Renews 12,000-SF Lease in Saint Charles
Senior Health Solutions, a senior insurance agency that provides senior health products and Medicare supplements, renewed its 12,105-square-foot lease in the retail center at 3779 New Town Blvd. in Saint Charles, MO. The office space currently serves...

Home Away From Home Takes 13,000 SF in St. Louis
Home Away From Home, a locally-based daycare, signed a five-year lease for 13,000 square feet at an office building located at 6805 - 6831 S. Broadway in St. Louis. The single-story building, totaling 24,000 square feet, was constructed in 1950 and...

HY-C Acquires New Distribution Center in Overland
HY-C Co., a St. Louis-based manufacturer and distributor of home improvement products, acquired a distribution facility at 1780 Belt Way Dr. in Overland, MO from Whitehawk Investment Co. LLC for $3 million, or about $31 per square foot. According...

Bamboo Equity Buys 91,000-SF Office Bldg. in St. Louis
Bamboo Equity Partners, a local real estate investor and developer, purchased a 91,011-square-foot office building at 11960 Westline Industrial Dr. in St. Louis from CUNA Mutual Group for an undisclosed price. The buyer intends to update the property...

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