Hanley Arranges Sale of 20,400-Square-Foot Retail Center in Metro St. Louis

by Hayden Spiess

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 private seller in the transaction.

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