Sansone Group Reacquires Retail Property for $22 Million in St. Louis Suburb

by Katie Sloan

Des Peres, Mo. — Sansone Group has reacquired Olympic Oaks Village in Des Peres, a western suburb of St. Louis, for $22 million.

Olympic Oaks Village was originally a 7.7-acre, $5.5 million retail development completed by Sansone Group in 1988. The 91,000-square-foot facility, located a half-mile east of I-270 on Manchester Road, originally included Walgreens, T.J. Maxx, Michaels and the Sansone Group headquarters.

In 1998, Sansone sold the building to DDR Corp. for $11.1 million, but continued to lease and manage the property before reacquiring it from DDR. The facility has gone through several renovations and expansions and now spans 92,372 square feet.

Current tenants include European Wax Center, Jersey Mike’s, Rally House, Sally Beauty Supply, Great Clips, Massage Envy, Salon Genesis, Lane Bryant, Edible Arrangements, Nail Pro and Thompson Price Kitchen & Bath.

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