Last Updated: May 25, 2012 07:55am ET

St. Louis

Ramco-Gershenson to Buy Central Plaza from Pace Properties

BALLWIN, MO-Farmington Hills, Michigan-based Ramco-Gershenson Properties Trust has reached a contract to buy Central Plaza, a 166,468-square-foot retail center at Vlasis Drive and Manchester Road in Ballwin, for $21.6 million from St. Louis-based Pace Properties. FULL STORY

NorthMarq Closes First Mortgage Refinance for Ronnie's Plaza

ST. LOUIS-NorthMarq has arranged $9 million in first mortgage refinancing for Ronnie's Plaza in St. Louis. FULL STORY

Penn Buys St. Louis Casino for $610M from Caesars

MARYLAND HEIGHTS, MO-The Harrah’s St. Louis, which includes a 500-room hotel, is only 25 miles from another Penn casino. Harrah’s will be rebranded under the Hollywood name. FULL STORY

Kansas City Commission to Consider TIF for $142M Project

KANSAS CITY, MO-Kansas City's Tax Increment Financing Commission will consider a tax increment financing method for a proposed $142.5-million retail and office project in Clay County. FULL STORY

Payless Parent Agrees to $2B Sale

TOPEKA, KS-The company will be split into two groups in a joint purchase by Worldwide Wolverine, Blum Capital and Golden Gate. FULL STORY

Abstrakt Marketing to Occupy 30,000 SF in Raeder Place Building

ST. LOUIS-The St. Louis Post-Dispatch reported that Abstrakt Marketing Group is planning to move from its current place in the Benton Park neighborhood to the Raeder Place building situated on Laclede's Landing in St. Louis. FULL STORY

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Same-store sales are improving and retailers are expanding again. Occupancies and rents are up. So are transaction
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Dalian Wanda Takes AMC Theaters for $2.6B

BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.