St. Louis
Schnuck Markets Purchases Columbia Centre Market Place from Koppeis
Shnuck Markets Inc. recently announced the purchase of Columbia Centre Market Place Inc., a Koppeis family enterprise in Columbia, Illinois.
Village Green Breaks Ground on 82-Unit Addition to Historic Apartments
West End City Apartments recently broke ground on a luxury 82-apartment mid-rise building, an addition to the existing 318 apartments in three historic high-rises.
Swedish Retailer IKEA Announces Plans for a 380,000 SF Store in St. Louis
Popular Swedish retailer IKEA recently announced it is submitting plans to the City of St. Louis for a store that will increase its presence in the Midwestern United States. A Kansas City-area store is already under construction and is on track to open in the fall of 2014 in Merriam, Kansas.
CCIT Buys 5 Net-Lease Office Properties for $202M
Cole Corporate Income Trust has acquired five single-tenant corporate properties with a total of 733,062 square feet for $202 million, including two in San Jose and one each in Houston, St. Louis and Colorado Springs.
Ramco-Gershenson Properties Acquires Maplewood Shopping Center for $24M
Ramco-Gershenson Properties Trust recently announced the acquisition of the Deer Creek Shopping Center in Maplewood, Missouri, a densely-populated suburb of St. Louis.
Laramar, Covington Open Building at Vanguard Crossing for Leasing
The Laramar Group in a joint venture with Covington Realty Partners LLC recently announced the completion and opening for leasing of the first building at Vanguard Crossing.
Monsanto Breaks Ground on $400M Chesterfield Village Research Center Expansion
Monsanto Company recently held an event to mark the beginning of the Chesterfield Village Research Center expansion. The company’s global hub for research and development and agricultural innovation is currently undergoing a $400 million expansion which was first announced in April 2013. The expansion project will create 675 new jobs in St. Louis over the next three years.
Serco Sets Up Shop with 90 KSF Office Lease in Suburban St. Louis
Serco, armed with a $1.2 billion government contract to provide processing services for the implementation of the Patient Protection and Affordable Care Act, recently signed a five-year lease in the suburban St. Louis building that formerly housed the headquarters of the now-defunct vehicle contracts seller U.S. Fidelis.
River City Casino Completes $82M Expansion and Unveils 200-Room Hotel
River City Casino & Hotel in South St. Louis County recently announced the completion of an $82 million expansion and held a grand opening ceremony for its new 200-room hotel. River City Casino & Hotel has completed an extensive two-year investment commitment to St. Louis County and the state of Missouri which created 350 construction jobs as well as 100 new permanent jobs.
Simon Opens Outlet Shopping Brand in Greater St. Louis
The retail real estate company, Simon Property Group, has recently announced it has brought one of the most popular brands of outlet shopping, Premium Outlets, to the Greater St. Louis area.