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St. Louis
Commercial Real Estate News
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Daugherty Business Solutions Expands Office Space at CityPlace Three in St. Louis
Daugherty Business Solutions, a business technology consulting firm, expanded their office space in CityPlace Three, located at 3 CityPlace Dr. in St. Louis, MO, by 23,309 square feet. The consulting firm will now occupy a total of 64,103 square feet...

Lutheran Family Services Leases 34,000 SF in Brentwood
Lutheran Family and Children Services of Missouri (LFCS), a not-for-profit social services organization, leased 34,000 square feet of office space at Strassner Place I, located at 1265 Strassner Dr. in Brentwood, MO. Strassner Place I was constructed...

AutoZone Leases 36,000 SF in Kirkwood
AutoZone (NYSE: AZO), a national automotive parts and accessories retailer, signed a lease for 35,764 square feet at Kirkwood Crossing, a power center located at 1205-1259 S Kirkwood Rd in Kirkwood, MO. The single-story retail center totals 210,011...

SSM Healthcare Takes 31,000 SF in St. Louis
SSM Healthcare, a health care provider, leased 30,720 square feet in Cambridge Square, an office building located at 10176 Corporate Square Dr. in St. Louis, MO. The two-story building totals 73,788 square feet in the Corporate Square office center...

Jon Don Leases 30,000 SF in Earth City, MO
Jon Don, LLC, a supplier of industrial and janitorial cleaning supplies and equipment, signed a 30,225-square-foot lease at 4227 Earth City Expy. in Earth City, MO. The 130,000-square-foot industrial facility is set to deliver by the end of the year...

24 Seven Enterprises Expands Operations in Earth City, MO
24 Seven Enterprises, a global and domestic distribution company, renewed their 91,497-square-foot lease at 13600 Shoreline Dr. in Earth City, MO for five years and added an additional 49,400 square feet of space, totaling 140,897 square feet. The...

STRAQR Fund III Sells Huntley Ridge Apts. in Crystal City
STRAQR Fund III sold the 70-unit Huntley Ridge multifamily community in Crystal City, MO, to Mattingly Investment Properties, LLC for $2.96 million, or approximately $42,000 per unit. Huntley Ridge totals 66,990 square feet and consists of 34 one...

Panera Acquiring Au Bon Pain Under Aggressive New Expansion Initiative
Panera Bread has reached an agreement to acquire Au Bon Pain Holding Co., the Boston-based bakery-cafe chain of 304 units which was started by the founders of Panera Bread. The deal marks a new strategy for St. Louis-based Panera, which itself was...

Office-to-Apt. Conversion Near Central City Commands Top Dollar
Sale prices for apartment assets in the St. Louis market have made consistent gains this cycle and reached a post-recession high in 2017 -- even as occupancies have fluctuated. No submarket represents this duality better than Central St. Louis City...

STAG Industrial Pays $5.7M for O'Fallon Warehouse
STAG Industrial Inc. acquired the Ambassador Envelope Company industrial building at 6705 Keaton Corporate Pky in O’Fallon, MO from CKE Properties for $5.74 million, or about $52 per square foot. The 109,854-square-foot warehouse delivered in 1997...

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