Completed Deals Press Release - October 2018

FOR IMMEDIATE RELEASE

Pace Properties is pleased to announce the following completed commercial real estate deals for October 2018:   

1.       Pace Properties represented KMG Hotels in the purchase of 3.67 acres of land at 16875 N. Outer Forty Road in Chesterfield, MO from Summit Ice Center Investors, LLC.

2.       Pace Properties represented SCFRC-HW-G-LLC in the sale of 1.68 acres of land at 80 Hilltop Village Center Dr. in Eureka, MO to Thomas Milner Residuary Trust.

3.       Pace Properties represented Cave Springs Center 840, LLC in the lease of 40,418 square feet of retail space at Cave Springs Shopping Center in St. Peters, MO to Edge Fitness, also represented by Pace Properties.

4.       Pace Properties represented Total Access Urgent Care in the purchase of 0.86 acres of land at 915 N. Kirkwood Road in Kirkwood, MO from Liaison Home.

5.       Pace Properties represented CIM Group in the lease renewal of 37,196 square feet of retail space at Southwest Plaza in Springfield, IL to Barnes & Noble.

6.       Pace Properties represented BBK Westport Industrial, LLC in the lease renewal of 33,047 square feet of industrial space at 11445 Moog Drive in St. Louis, MO to GFH Enterprises, Inc., represented by Gershman Commercial Real Estate.

7.       Pace Properties represented MDC Onyx, LLC in the sale of 30,000 square feet of industrial space at 1001-1011 Hanley Industrial Court in St. Louis, MO to Hoffman Real Estate II, LLC, represented by Discovery Group.

8.       Pace Properties represented Andy’s Frozen Custard in the ground lease of 22,477 square feet of land at CrossRoads West Shopping Center in Columbia, MO from Cross Roads West Shopping Center, LTD, represented by Forum Development Group.

9.       Pace Properties represented Kirkwood Crossing 803, LLC in the lease of 18,664 square feet of retail space at Kirkwood Crossing in Kirkwood, MO to Aldi, represented by Lechner Realty Group.

10.    Pace Properties represented Electronic Power Systems in the lease of 10,080 square feet of industrial space at 4300 NE 34th Street in Kansas City, MO from Government Properties Systems International, Inc., represented by Newmark Grubb Zimmer.

11.    Pace Properties represented Pet Supplies Plus in the lease of 7,500 square feet of retail space at Florissant Market Place in Florissant, MO from TNP SRT Portfolio II, LLC, represented by CBRE.

12.    Pace Properties represented Licavoli, LLC in the lease of 7,500 square feet of industrial space at 74 Algana Court in St. Peters, MO from Davis Family Trust, represented by Colliers International.

13.    Pace Properties represented Spirit Halloween in the lease of 6,700 square feet of retail space at 22 Lincoln Highway in Fairview Heights, IL from Perri Dax Properties.

14.    Pace Properties represented CW Properties in the lease of 5,000 square feet of industrial space at 2024 Congressional Drive in Maryland Heights, MO to U.S. Pump Corporations, represented by CBRE.

15.    Pace Properties represented West Park, LLC in the lease of 3,281 square feet of retail space at West Park in Creve Coeur, MO to Woodsmoke BBQ, represented by Lawyers Realty.

16.    Pace Properties represented Lenette Realty & Investment Co. in the lease of 3,000 square feet of retail space at 9792 Watson Road in Crestwood, MO to Scott Credit Union, represented by Johnson Group.

17.    Pace Properties represented Altus-Questover, LLC in the lease of 2,928 square feet of retail space at The Shoppes at Questover in Creve Coeur, MO to Chicken Salad Chick, represented by NAI DESCO.

18.    Pace Properties represented JSR 94, LLC in the lease renewal of 2,460 square feet of retail space at Highway 94 & Wolfrum Road in Weldon Spring, MO to Victory Performance.

19.    Pace Properties represented Crazy Horse Properties in the lease of 2,069 square feet of retail space at Prewitt’s Point in Osage Beach, MO to W Nails.

20.    Pace Properties represented JSR 94, LLC in the lease renewal of 1,500 square feet of retail space at Highway 94 & Wolfrum Road in Weldon Spring, MO to K9 Creations.

21.    Pace Properties represented Arnold Park Mall, LLC in the lease of 1,400 square feet of retail space at Arnold Park Mall in Arnold, MO to Regional Finance.

22.    Pace Properties represented Cornerstone Lakeside, LLC in the lease of 1,400 square feet of retail space at Lakeside Shoppes at Winghaven in O’Fallon, MO to Guaranteed Rate, Inc.

23.    Pace Properties represented Sunnyside LM Properties, LLC in the lease of 1,312 square feet of retail space at Sunnyside Plaza in Ballwin, MO to K & D Countertops, represented by Berkshire Hathaway Select.

24.    Pace Properties represented Great Clips in the lease renewal of 1,200 square feet of retail space at Phoenix Center II in Washington, MO from Phoenix Center II Development Co., LLC.

25.    Pace Properties represented MDC Bonhomme, LLC in the lease renewal of 1,004 square feet of office space at 7711 Bonhomme Avenue in St. Louis, MO to Prime Diamonds, LLC.

Pace is a commercial real estate investment company and services provider with business focused in three areas:  investment and development; property services, including brokerage and management; and retail and non-retail corporate services. Please contact Alicia Gay, Administrative Assistant, for more information at 314.968.9898 or agay@paceproperties.com.