City: St. Louis

The Chicago REIT is paying $869 million, including the assumption of $243 million of debt, to buy two premier shopping malls and the interests it didn't already own in seven other properties. It is raising fresh debt for at least ...

May 27, 2003 St. Louis Business JournalReal estate investor Donn Lipton is talking with several developers about building a residential high-rise and boutique grocery store at the corner of Hanley and Clayton roads in St. Louis. Lipton, chairman of Lipton ...

May 27, 2003 St. Louis Business JournalBalke Brown Associates and Hospitality Management Associates are teaming up to develop a 120-room Hampton Inn and Suites at Balke's Highlands at Forest Park development in St. Louis.

May 21, 2003 St. Louis DispatcherSanta Fe, N.M.-based BGK Equities has acquired the 20-story office, 340,000-square-foot tower at 1010 Market Street in St. Louis. Arthur Andersen LLC was a tenant, leasing about 50,000 sf, but that space was vacated following ...

May 19, 2003 Savvis Communications (Nasdaq:SVVS) has agreed to sell its St. Louis data center to Reuters for $35 million, or about $350/sf.Under the deal, Savvis – a Herndon, Va., technology firm – will lease back one-third of the center ...

The real estate company has lined up $170 million of fixed-rate debt that will be securitized through an upcoming transaction. The debt is backed by the Westfield Shoppingtown West County mall.

May 14, 2003St. Louis DispatcherChicago-based General Growth Properties Inc. has emerged as the front-runner to buy the St. Louis Galleria, according to real estate sources. The sale price is said to be $235 million, according to a person familiar with ...

May 5, 2003 St. Louis Business JournalUPS is considering buying nearly $20 million worth of historic tax credits to become the sole equity investor in the redevelopment of the St Louis Paul Brown Building into 222 apartments.