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May 3, 2004 St. Louis Business JournalThe Central West End area in St. Louis is developing into a spot for apartments. Developer Pyramid Construction will spend $52 million to redevelop the Paul Brown Building into 222 apartments, with rents ranging ...
April 28, 2004 St. Louis Post-DispatchThe Multi-Employer Property Trust, a fund that owns several St. Louis-area properties, will build a 500,000-square-foot warehouse at the Metro East Gateway Commerce Center for $16 million. The expansion is part of Gateway's owner TriStar ...
April 22, 2004 St. Louis Post-DispatchCortex – an initiative of academic and community leaders who are developing a stretch between Washington University's medical school and St. Louis University – is gearing up for its first project: buying an old factory ...
April 15, 2004 Deutsche Bank has agreed to provide $63 million of financing to American Financial Realty Trust (NYSE:AFR) for its Bank of America Plaza office building in St. Louis, Mo.American Financial, a Jenkintown, Pa., REIT that specializes in buying ...
April 7, 2004 Moody's Investors Service has downgraded the $26.2 million class F of GMAC Commercial Mortgage Securities Inc., 2001-FL1, to B3 from B1 because the collateral pool has declined in performance.Meanwhile, an increase in subordination levels driven by a ...
March 25, 2004 St. Louis Post-DispatchBalke Brown Associates has contracted to buy the Pet Building, a long-vacant office building in downtown St. Louis. Sale terms are not public, but the 15-story office building will be turned into 100 apartments for ...
February 20, 2004 A venture led by Investcorp has paid $60 million for Westport Plaza, a 703,158-square-foot mixed-use complex in St. Louis, Mo. The property has 506,542 sf of office space in four buildings and 166,791 sf of retail space ...
February 19, 2004 St. Louis Post-DispatchGenAmerica Financial Corp. is leaving downtown St. Louis for the suburbs. It will relocate 160 people who work at its 700 Market Street headquarters to Tesson Ferry Road in South County.
February 17, 2004 St. Louis Post-DispatchOpus Northwest will take the lead role in a $40 million project to build a high-rise condo in the Central West End of St. Louis. The project was being led by Chicago developer Steve Anrod ...
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