Florissant Market Place Gets West Coast Ownership for $15.25M Price Tag

ST. LOUIS—California-based Thompson National Properties LLC purchased Florissant market Place in Florissant for $15.25 million. Ben Wineman of Mid-America Real Estate-Missouri LLC and Scott Seyfried of Missouri-based Pace Properties exclusively represented the seller in the transaction.

Florissant Market Place, located in a northern suburb of St. Louis, is a 146,257-sq.-ft., grocery-anchored community center located on the northeast corner of Lindbergh Boulevard (Highway 67) and Industrial Lane.

Currently 100 percent leased and anchored by Schnucks grocery store and Gold’s Gym, the center serves the north St. Louis County region. Other tenants at the complex include Great Clips and Hallmark, among others.

Please or Register to post comments.

Latest poll

Total CMBS Issuance Volume

There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?

 

Newsletter Signup

NREI Daily Regional Newsletters

Connect With Us
National Real Estate Investor Related Sites