Missouri

St. Peters, Mo. — GBT Realty has sold The Shoppes of Mid Rivers, a 270,000-square-foot retail center located in St. Peters, roughly 35 miles northwest of downtown St. Louis. Jenel Real Estate purchased the property for $40.7 million. Old Navy recently signed a 15,000-square-foot lease at the center, bringing occupancy to 99 percent. Other tenants include Burlington, Academy Sports, HomeGoods, Marshalls, Ross Dress for Less, Ulta Beauty, Five Below, Outback Steakhouse, Cooper’s Hawk Winery & Restaurant, Pappy’s Smokehouse and Gulf Shores Restaurant & Grill. Amy Sands, Clinton Mitchell and Michael …

O’Fallon, Mo. — Hanley Investment Group Real Estate Advisors has arranged the sale of Shops on K, a 20,400-square-foot, multi-tenant retail center located in O’Fallon, roughly 40 miles northwest of St. Louis. Built in 1997, the nine-building property was fully occupied at the time of sale. Tenants include Aaron’s, Advance America Cash Advance, American Family Insurance, Cloud 9 Massage, Stallone’s Formal Wear and Pottery Hollow, as well as a dance academy, fitness center and dog groomer. Jeff Lefko and Bill Asher of Hanley, in association with ParaSell Inc., represented the …

Kansas City, Mo. — Block & Co. Inc. Realtors has arranged the sale of Shoppes at Shoal Creek, a 100,000-square-foot retail center located in Kansas City. David Block of Block & Co. brokered the transaction on behalf of the buyer, a group of local investors. The center was fully leased at the time of sale to tenants including Best Buy, Lukas Liquors, La-Z-Boy, Chipotle Mexican Grill and America’s Best. CBRE represented the seller, Pine Tree Development, in the transaction. Block & Co. will handle the leasing and management of the …