St. Louis Business Journal Propper Construction Services has proposed building the Tesson Ridge mixed-use development on the site of the former MetLife office campus in St. Louis. If approved, the 100-acre project, at 13045 Tesson Ferry Road, could break ground ...
St. Louis Business Journal KDG has proposed developing a multi-phase mixed-use project in St. Louis. The company, a joint venture of local developers Koman Group and Keeley Development Group, is developing the project as part of the Cortex Innovation Park, ...
St. Louis Business Journal FedEx has agreed to fully lease the 769,500-square-foot Lakeview Commerce Center in St. Louis. The Memphis, Tenn., logistics firm is leasing the industrial property, at 3919 Lakeview Drive, from Panattoni Development, which was represented in the ...
Mac Properties has wrapped up work on One Hundred Above the Park, a 316-unit apartment building in St. Louis. The 36-story property, at 100 North Kingshighway Blvd., offers studio, one-, two- and three-bedroom units with monthly rents between $1,935 and ...
St. Louis Business Journal Local developer Midas Hospitality is breaking ground this spring on a 170-room Residence Inn in St. Louis. The 12-story hotel, at 8125 Forsyth Blvd., will have meeting rooms, an outdoor terrace, bar and fitness center. It ...
St. Louis Business Journal Invesco Real Estate has paid $70.9 million, or $255,036/unit, for the 278-unit Cortona at Forest Park Apartments in St. Louis. The Atlanta investment company purchased the property from Balke Brown Transwestern, which had developed it in ...
Berkadia's Houston office arranged a $29.67 million acquisition loan from TCF Bank that has a three-year term, during which it requires only interest payments, and a coupon of 3.25 percent.
Berkadia’s Boca Raton, Fla., office arranged $18.9 million of Freddie Mac financing for the purchase. The 10-year loan was written under Freddie Mac's Green Up program and requires only interest payments for five years.
FPA Multifamily LLC has acquired the 412-unit Trilogy Apartments in St. Louis. The San Francisco investor purchased the property from Freeman Webb Co. for $36.5 million, or $88,592/unit, according to the St. Louis Business Journal. Freeman Webb, which had acquired ...
