West Florissant Avenue in North St. Louis County drew national attention in 2014 for being Ground Zero of the Ferguson uprising. The abandoned Springwood Plaza at 10148 W. Florissant Ave. is just one mile north of the Canfield Green apartments, where Mike Brown was shot and killed by a former Ferguson police officer in August … Continued
Summit Real Estate Pays $33.5 Million for Creekside Distribution Center in East Point, Georgia. An opportunistic St. Louis investor, Summit Real Estate, has added one of the largest industrial properties built inside the Atlanta area’s Interstate 285 perimeter in more than 15 years to it’s collection in the Sun Belt. Creekside Distribution Center is located … Continued
The American Collegiate Hockey Association (ACHA) said Wednesday that the Centene Community Ice Center in Maryland Heights will host its 2022 National Championships. The event, which will run 10 days, will have over 1,500 hockey players and at least 72 teams across five men’s and women’s college hockey divisions. The ACHA is the U.S. governing … Continued
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