about 8 months ago - No comments
Third quarter 2012 reports are available here for the St. Louis industrial, office and retail sectors. Check out the reports for details on vacancy and rental rates, absorption, construction trends and major lease transactions. You can also receive the reports via email by joining our email list. Look for more information on market trends in
about 10 months ago - No comments
NAI DESCO recently negotiated the sale of Northwest Plaza, once the world’s largest indoor shopping center at 1,829,000 square feet. The new owners, Northwest Plaza, LLC, purchased the development from St. Ann Shopping Center, LLC.
Northwest Plaza, located at St. Charles Rock Rd and Lindbergh Blvd in St. Ann, Missouri, was originally built as
about 11 months ago - No comments
The following is an excerpt from NAI DESCO Principal, Carl Concellor’s article regarding the state of Commercial Real Estate in the St. Louis region. The article appeared here in the summer edition of Southern Illinois University Edwardsville’s business Magazine, bWorld.
The real estate market has been heavily impacted by The Great Recession. While the current economic
about 1 year ago - No comments
St. Louis, Missouri, January 30, 2012 — NAI Global, the global affiliate of local commercial real estate company NAI DESCO, announced that its previously reported acquisition by C-III Capital Partners LLC (C-III) has been completed. The transaction will help create a leading fully integrated commercial property services company that will operate in markets around the
about 1 year ago - No comments
Commercial real estate firm NAI DESCO announced it will increase its inventory and agents by 50 percent with the acquisition of competitor Coldwell Banker Commercial’s St. Louis brokerage division.
NAI DESCO is a full-service brokerage firm offering a wide range of services to institutional and individual owners of real estate as well as tenants and
about 1 year ago - No comments
Floyd Sweeney of NAI DESCO recently completed the lease of an 8,000 square foot industrial building at 2677 Metro Blvd in Maryland Heights, MO. The space was leased to DACCO/Detroit of Missouri, Inc. Sweeney represented the owner in this transaction.
about 1 year ago - No comments
John McDonald of NAI DESCO recently completed the sale of a 7,899 square foot industrial building at 6311 Bartmer Industrial in St. Louis, MO. The space was sold by PDIL, LLC. McDonald represented the purchaser, Brouster Construction.
about 1 year ago - No comments
Matt Hirsch and Barry Iken of NAI DESCO recently completed the lease of 1,446 square feet of office space at 3155 Sutton Avenue in Maplewood, MO. The space was leased to to CJC Transport LLC. Hirsch and Iken represented the landlord, Franco, Inc.
about 1 year ago - No comments
Matt Hirsch and Barry Iken of NAI DESCO recently completed the lease of 1,766 square feet of medical office space at 555 N. New Ballas Rd in St. Louis, MO. The space was leased to West County Spine & Sport Medicine LLC. Hirsch and Iken represented the landlord, Plaza Members III, LLC.
about 1 year ago - No comments
David Wittenauer of NAI DESCO recently completed the lease of 1,075 square feet of in-line retail space at 3012 S. State Route 159 in Glen Carbon, IL. The space was leased to Adam Wolfe who plans on opening a State Farm Insurance office. Wittenauer represented the owner, Missouri Real Estate & Insurance Agency, Inc.