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
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Malden, Mo. — Marcus & Millichap has brokered the sale of a 43,770-square-foot retail property occupied by Walmart in Malden, which is part of the Missouri Bootheel in the southeast portion of the state. A limited liability company purchased the
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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,
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Jefferson City, Mo. — Newmark has arranged the sale of a 92,613-square-foot retail building net leased to Orscheln Farm & Home in Jefferson City. The sales price was undisclosed, but the asking price of $6.7 million represented a cap rate
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Rock Hill, Mo. — Echelon Constructors is underway on the buildout of a new Foss Swim School at the Market at McKnight retail center in Rock Hill, a western suburb of St. Louis. Completion is scheduled for early 2023. The
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Kansas City, Mo. — Colliers has brokered the $32 million sale of Twin Creeks Shopping Center in Kansas City. The 257,450-square-foot property is located along North Madison Avenue. The center was 99 percent leased at the time of sale to
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O’Fallon, Mo. — First National Realty Partners has acquired River City Marketplace in O’Fallon, about 37 miles northwest of St. Louis. A 31,000-square-foot Fresh Thyme Market anchors the 158,000-square-foot shopping center. Fresh Thyme has operated at the property since 2015.
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Chicago — Chicago-based Puttshack, an indoor mini golf venue, has completed a growth capital round of $150 million from funds managed by BlackRock and continued support from Promethean Investments. The new funding will support Puttshack’s rapid growth strategy across the
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Northwoods, Mo. — Mid-America Real Estate Corp.’s Investment Sales Group has arranged the sale of North Oaks Plaza, a 268,893-square-foot shopping center located in Northwoods, roughly 8 miles northwest of St. Louis. Emily Gadomski and Ben Wineman of Mid-America, in
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Lee’s Summit, Mo. — The Rainier Cos. has acquired SummitWoods Crossing in Lee’s Summit within metro Kansas City for an undisclosed price. The 545,204-square-foot, Class A shopping center opened in 2001. Some of the tenants include T.J. Maxx, Bed Bath
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North Kansas City, Mo. — Hanley Investment Group Real Estate Advisors has brokered the $2.3 million sale of a single-tenant property occupied by Starbucks Coffee in North Kansas City. The newly constructed building, which features a drive-thru, is located at 1930 Diamond
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Santa Ana, Calif. and Warsaw, Mo. — BridgeCore has funded a $3.6 million bridge loan to finance the purchase of a to-be-built retail building that 7-Eleven will occupy in Santa Ana. The loan was cross-collateralized with a Taco Bell-occupied property
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