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Kansas City Business Journal The Federal Aviation Administration has agreed to lease 80,000 square feet of space at the Lightwell, a 667,222-sf office property in Kansas City, Mo. The government transportation agency will take the space in 2025. The owner ...
Commercial Property Executive Phoenix Investors has acquired the 515,913-square-foot industrial property at 1000 Taylor Ave. in Park Hills, Mo. The Milwaukee investment firm purchased the property from Piramal Glass, an affiliate of Blackstone Group. The purchase price could not yet ...
St. Louis Post-Dispatch Emerson Co. has agreed to lease 105,000 square feet of office space at Forsyth Pointe, a 226,000-square-foot office property in Clayton, Mo. As a result of the lease, the 14-story building at 8027 Forsyth Blvd. has been ...
ConnectCRE Community Wholesale Tire has agreed to fully pre-lease a 203,899-square-foot industrial building that's being constructed at Hunt Midwest Business Center Logistics V in Kansas City, Mo. Hunt Midwest is constructing the property at 4700 North Arlington Ave., about 11 ...
REBusiness Online Cronheim Hotel Capital has arranged $25.8 million of financing against the 216-room Hotel Phillips in Kansas City, Mo. The financing allows the owner of the property, Arbor Lodging of Chicago and Lubert-Adler of Atlanta, to retire previous debt. ...
JLL Capital Markets has arranged $47 million of financing against the Marlowe, a 205-unit apartment property in St. Louis. The four-year loan pays a fixed coupon and was provided by an unnamed insurance company. The loan, along with a preferred ...
REBusiness Online CRG has opened Chapter at the Streets, a 245-unit apartment property in St. Charles, Mo. The development and investment arm of Clayco Inc. broke ground on the property in December 2021. Chapter at the Streets, at 333 Mulholland Drive, ...
The buyer assumed the property's $49.4 million of debt that Metropolitan Life Insurance Co. had provided in 2019.
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