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 Harrahs St. Louis, which includes a 500-room hotel, is only 25 miles from another Penn casino. Harrahs 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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