Summit Real Estate Group, a vertically integrated commercial real estate investment and operating company based in St. Louis, Missouri, is announcing the disposition of its Northglenn Marketplace asset. The 76,000 SF retail building is part of the 652,000 SF Northglenn Marketplace Shopping Center at 104th Avenue and I-25 in the City of Northglenn just north … Continued
The summer concert season will bring a new outdoor venue for music fans to enjoy. St. Louis Music Park in Maryland Heights launches May 25 with pop singer Kesha and bounce music artist Big Freedia. The $9 million boutique amphitheater sits between Hollywood Casino and Hollywood Casino Amphitheatre. The venue is part of the 277,000-square-foot, … Continued
CBRE announced today that the firm was awarded the exclusive leasing assignment for Corporate Center Fannin, an 18.6-acre master planned business park, located at 10001 Fannin Street in Houston. CBRE will market the property on behalf of Summit Real Estate Group. “We chose this infill investment because of its proximity to the Texas Medical Center … Continued
The facility, located at 750 Casino Center Drive in Maryland Heights, will host its grand opening on Saturday. The Centene Community Ice Center is an exceptional 277,000 square foot, four-sheet community ice rink completed in 2019. It is located in Maryland Heights, Missouri and is the product of a public-private partnership between non-profit St. Louis … Continued
Summit Real Estate Group has acquired a 230,586-square-foot five-property industrial portfolio in St. Petersburg, Fla. Farallon Capital Management LLC sold the facilities for a total of $17.4 million. JLL arranged the sale on behalf of the seller. Three of the properties are situated within the Westbay Corporate Center at 9400-9700 International Court N. and the … Continued
Mid-St. Louis County is one of the tightest retail submarkets in St. Louis, with vacancy hovering at 3.1 percent, nearly two percentage points lower than the region’s average, according to a recent report from Newmark Grubb Zimmer. It’s why Summit Development’s $52 million The Crossings at Richmond Heights is one of the region’s most significant … Continued
Dallas-based STRIVE has arranged the sale of Westover Village, a 111,374-square-foot retail center in Fort Worth. The property, which houses tenants such as AT&T, Firehouse Subs and SportClips, was close to full occupancy at the time of sale. The site includes additional land for development. Jennifer Pierson of STRIVE represented the seller, a St. Louis-based … Continued
Groundbreaking for the long-awaited multi-purpose ice complex near Hollywood Casino in Maryland Heights is expected by the third week of July, city officials said Thursday night after a package of nine bills and resolutions related to the project was quickly approved by the City Council. The not-for-profit St. Louis Legacy Ice Foundation will build and … Continued
The Crossings at Richmond Heights, located at the intersection of Dale Avenue and South Hanley Road, will include a five-story, 142-room Courtyard by Marriott hotel along with 13,000 square feet of retail space. The Crossings will also offer shoppers and visitors a Cyclebar indoor cycling gym and several restaurant options, including Red Robin, Starbucks, Vitality … Continued
Global sports entertainment leader Topgolf® today announced it has broken ground on its first location in Chesterfield, Mo. Topgolf will soon begin construction on the 65,000-square-foot venue, with an expected opening toward the end of 2018. “The Topgolf project has already created a great deal of enthusiasm in the region as it will be the only entertainment venue of … Continued