St. Louis
Bamboo Equity Snags 52 KSF MOB
Once closing is completed, Bamboo will immediately start renovations on the 52,000-square-foot property to improve common areas used by patients and healthcare providers.
Franklin Partners Buys St. Louis Trophy Office
The 16-story Plaza in Clayton, which Franklin acquired in a partnership with Bixby, is considered to be one of the most desirable office assets in the city area.
Avison Young Hires Principal in St. Louis Office
Susan Finney, a specialist in office leasing, will focus on tenant and landlord representation and be in charge of expanding the company’s footprint in the St. Louis area.
CBRE Markets St. Louis Riverfront Redevelopment Portfolio
The 19-property portfolio is located along the St. Louis riverfront and could support multifamily, office, industrial and retail space uses.
Alterra Worldwide Acquires 520 KSF Mixed-Use Asset
The company plans to complete a $104 million redevelopment of the project, which will include 240 units, a 220-key hotel and commercial space.
St. Louis Gears Up
Despite a slowly declining population, the city continues to see positive economic trends. Developers ramped up apartment deliveries in 2016, when 1,370 units came online, according to Yardi Matrix.
Kraft Heinz Opens Facility After $250M Expansion
The company’s expansion of its Kirksville, Mo., plant included adding nearly 262,000 square feet of new space. The expansion will also open 200 new jobs and seven new production lines at the facility.
Advantage Capital Expands St. Louis Team
Sandra Moore has joined the company as a managing director. She brings more than three decades of experience in urban planning, economic development and community revitalization efforts.
NAS Adds 2 St. Louis Medical Assets to Its Portfolio
KB Exchange Trust has selected NAS to manage both medical offices. Fresenius Medical Care and DaVita HealthCare Partners are the sole occupants of the properties.
Kinseth Hospitality Breaks Ground on Tru by Hilton
The 87-key hotel will open in the 27-acre, mixed-use development Streets of St. Charles in Missouri.