Summit Real Estate Group is pleased to announce that St. Louis-based CommSell Inc. has leased 28,704 square feet at Crosstown Logistics Park. CommSell provides consumer electronic distribution services including fulfillment, technology sourcing, ecommerce, and technology manufacturing with a focus on smartphones, tablets, and accessories. The new lease brings the building’s occupancy to 100%. In addition … Continued
Summit Real Estate Group is pleased to announce that Jack Kemper has joined the firm as an Analyst, Investments. Jack will be involved in investment analysis on prospective acquisitions and developments as well as aspects of acquisition strategy including underwriting and due diligence. Prior to joining Summit, Jack worked as a broker in the senior … Continued
Delivered December 2022, leasing activity at Summit Real Estate Group’s Crosstown Logistics Park has already exceeded initial projections. The Class A, 243,984 SF multi-tenant warehouse building is located in St. Louis’ Central County submarket. Ideally situated beside I-170, the rear-load building provides direct access to all of St. Louis’ major business centers as well as … Continued
One of several Summit-led ground-up development projects soon to be under construction, US 1 North Commerce Center in Raleigh, NC was recently featured in a press release that is posted below. The 106-acre industrial site was acquired on behalf of Summit’s Arrowrock US Industrial Fund IV in Q4 2022. New Industrial Development Announced in Franklin … Continued
One of several Summit-led ground-up development projects soon to be under construction, Pineview Trade Center in Columbia, SC was recently featured in two articles that are posted below. The 34-acre industrial site was acquired on behalf of Summit’s Arrowrock US Industrial Fund IV in Q4 2022. 350,000-square-foot spec buildings planned for Richland County Speculative Build … Continued
Summit Real Estate Group is pleased to announce that it has closed on a 106-acre industrial site in Raleigh, NC. Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV, the three-phase development project will be known as US-1 North Commerce Center and include a multi-building industrial park representing approximately 1,382,400 square feet. Raleigh-Durham is … Continued
Summit Real Estate Group is pleased to announce that it has closed on a 34-acre industrial site in Columbia, SC. Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV, the ground-up development project will be known as Pineview Trade Center and include a single, multi-tenant warehouse building representing 351,540 square feet. Located in the … Continued
Summit Real Estate Group is pleased to announce that it has closed on a 22.2 acre assemblage in Apopka, FL, just north of Orlando. Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV, the ground-up industrial development project will be known as 451 Commerce Park and include two multi-tenant warehouse buildings representing ±260,000 square … Continued
Summit Real Estate Group has engaged a leading commercial real estate visual media company to create and produce content that enhances the marketing efforts of Summit’s ground-up industrial development projects. Oval Room Group will produce media packages to include videography, animated aerial renderings, and interactive aerial visuals (360° HotSpot Mapping) that, in conjunction with the … Continued
Summit Real Estate Group is pleased to announce that Chris Gilbert has joined the firm as Controller. Chris will be involved in finance, accounting, and financial reporting. As part of his responsibilities, Chris will assist with debt and joint venture equity sourcing, financial statement review, budgeting/forecasting, and compliance matters. Chris, a Missouri-licensed CPA, brings with … Continued