St. Louis

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Features

ElmTree Funds Recaps Net Lease Portfolio in $900M Deal

Erika Morphy |

ElmTree is also finding the cold storage space to be “very intriguing.”
News

Construction Begins on $1.75B National Geospatial-Intelligence Agency HQ in St. Louis

John Jordan |

The NorthSide Regeneration is a 1,500-acre mixed-use development led by McKee and his real estate development company M Property Services to revitalize blighted North St. Louis City.
News

C&W Launches Asian and Pacific Islander Employee Resource Group

John Jordan |

ASPIRE aims to celebrate the Asian and Pacific Islander culture by building a global community that is committed to the advancement and development of its members while serving as champions of diversity and inclusion, C&W states.

Q&A

Owner’s Perspective: Recession Speculation Defies Strong Demand for Office Space in Chicago

John Jordan |

The fundamentals driving the commercial real estate industry remain positive in many of the top metropolitan markets across the country, including Chicago. We are seeing strong job growth, population growth, and a ramping up of some of corporate America’s top companies.
News

Gershman-BurkHill JV to Spend More than $100M on Mixed-Use Portfolio

John Jordan |

The joint venture partners state their total investment in the properties, including the purchase price and planned capital improvements, will exceed $100 million.
News

Opportunity Zone Investment Activity Mixed in Midwest Cities

John Jordan |

Since 2017, the Chicago area has seen a slight increase in investment within Opportunity Zones, while values in those areas have decreased.
News

The Opus Group Breaks Ground on University of Kansas Student Housing Project

John Jordan |

The project is a joint venture with The McKinney Fund & Company, with Central Bank of St. Louis and Central Bank of the Midwest providing the construction financing for the project.
News

Saudi Firm Acquires FedEx Ground Facility Near Chicago

John Jordan |

The 306,448-square-foot facility at 5959 West Howard St. was originally constructed in 2015 as a build-to-suit for FedEx Ground, the net-leased property supports distribution in the surrounding markets and features 101 dock high doors on a 39.81-acre site.
News

Ventas to Move Forward with $800M in New University-Based Research & Innovation Developments

John Jordan |

The four Ventas-Wexford projects are located in Pittsburgh, Philadelphia and St. Louis and are part of Ventas’ near-term $1.5 billion R&I pipeline of expected new projects previously announced by Ventas.
News

Eldorado Resorts Agrees to Sell Three Casinos for $385M

John Jordan |

The agreements call for Century Casinos, Inc. of Colorado Springs, CO to acquire the operating assets of the three properties from Eldorado Resorts for approximately $107 million and VICI Properties Inc. of New York City to acquire the land and real estate assets of the three properties for approximately $278 million.

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Resources

Alternative Data Sets Strengthen Commercial Real Estate Decision Making

From ADP

CRE professionals are relying more on data and analytics to drive decision making. Discover how alternative data sets provide a competitive edge on everything from choosing the best location for your next development opportunity to optimizing existing real estate footprints.

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