Archive for April, 2012
1st Quarter 2012 Market Reports Now Available
Apr 7th
First 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 the weeks to come as principals John Sheahan, Peter Sheahan and Carl Conceller participate in interviews with industry publications.
March 2012 Real Estate Transactions
Apr 3rd
The following are a sampling of real estate transactions completed by NAI DESCO agents during the month of March. For more information on these deals, please contact the agent.
Josh Hibbits and David Wittenauer, CCIM of NAI DESCO represented Family Dollar in the lease of 8,209 square feet of retail space at 900 W Main St in Carbondale, IL from Killingsworth Retail Properties, LLC.
Josh Hibbits of NAI DESCO represented Wireless Lifestyle dba Sprint in the lease of 1,986 square feet of retail space at 1084 New Ballas Rd in Des Peres from T-C Des Peres Corners LLC.
Josh Hibbits and David Wittenauer, CCIM of NAI DESCO represented the landlord of 525 Lincoln Hwy in Fairview Heights, IL in the lease of 1,420 square feet of retail space to Trinas Neely’s Agency dba Allstate Insurance Company.
Carl Conceller, SIOR of NAI DESCO represented Becker Glove International LLC in the lease of a 69,548 square foot industrial building at 4240 Rider Trail North in Earth City from CIRIII Reit 1.
Nadine Boon, Brenda Lowder & Carl Conceller, SIOR of NAI DESCO represented St. Louis Staffing in the lease of 3,924 square feet of office space at 514 Earth City Expy in Earth City from Harmon Properties.
David Wittenauer, CCIM of NAI DESCO represented the landlord of 6697 Center Grove Rd in Edwardsville, IL in the lease of 2,800 square feet of retail space to HW Holdings LLC.
Michael Wolken, SIOR of NAI DESCO represented the landlord of 1329 Horan in Fenton in the lease of 8,450 square feet of industrial space to Network Health Care.
Josh Hibbits and David Wittenauer, CCIM of NAI DESCO represented the landlord of 525 Lincoln Hwy in Fairview Heights, IL in the lease of 1,200 square feet of retail space to Trinity & Assoc dba Merle Norman Studio.
