Posts tagged NAI DESCO Retail Services Group
State Farm Insurance Opens New Office in Glen Carbon
Aug 12th
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.
Ft. Zumwalt School District Expands Space at Belleau Creek Shopping Center
Aug 2nd
Barry Iken of NAI DESCO recently completed the lease renewal of 6,194 square feet of retail space at 8075-81 Mexico Rd, St. Peters, as well as the expansion of 2,800 square feet of contiguous space. The total space (8,994 square feet) was leased by Ft. Zumwalt School District. The shopping center is located across the street from Ft. Zumwalt High School.
NAI DESCO Welcomes McDonald to the Retail Services Group
Jul 20th
John McDonald, Jr. has joined NAI DESCO as a Vice President. He will focus primarily on retail and investment real estate in St. Louis and the Midwest.
McDonald comes to NAI DESCO with extensive commercial real estate experience. A St. Louis native, McDonald started his real estate career at Gundaker Commercial completing deals in many facets of real estate including office, industrial, retail, land, medical and investments. Throughout his career, McDonald has been involved in hundreds of transactions representing local and national landlords, buyers and tenants.
Deli / Market Opens in Kirkwood Neighborhood Center
Jul 6th
Matt Hirsch and John Shuff of NAI DESCO recently completed the lease of 1,000 square feet of retail space to Super Deli Magic Market at 640 W. Woodbine Ave in Kirkwood, Mo. Hirsch and Shuff represented the landlord, STNT, LLC. The center is now 85% leased.
The Pita Pit to Open First St. Louis Location
Jul 1st
Congratulations to Josh Hibbits of NAI DESCO for assisting the Pita Pit in leasing their first location in St. Louis. The new store, which will sell pita sandwiches, salads and smoothies, will be located at 206 N. 9th Street in Downtown St. Louis, Mo. The 2,037 SF in-line retail space was leased from Paul Brown Developer, LP.
Fifth Third Bank to Open in the Syndicate Building
Jun 22nd
The following is from a Post-Dispatch article by Tim Bryant on June 22, 2011:
Workers are putting up walls for a Fifth Third Bank branch scheduled to open in about four months in 3,900 square feet of ground-floor space at the Syndicate Trust building downtown.
Most of the 16-story building in the 900 block of Olive Street has been redone as condos and apartments. And most of them are occupied. But the ground-floor space has struggled to attract tenants. So far, the only open business is a Clarkson Eyecare outlet.
Fifth Third is taking the corner space just west of Clarkson. John Shuff, a broker at NAI Desco, said today the bank has signed a 10-year lease. More tenants may be coming to the building soon, Shuff added.
Potential tenants include a restaurant, a clothing retailer and perhaps office users, he said. Shuff noted that the 14,000 square feet of ground-floor space remaining is too small to accommodate all the potential tenants.
“We’re trying to put as many irons in the fire as possible,” he said.
Read the original article here.
Fitness Fuzion Leases Space in Former Hardware Store
Jun 3rd
Floyd Sweeney, SIOR, MCR of NAI DESCO recently completed the lease of 9,000 square feet of retail space located at 921 Highway K in O’Fallon, Mo. Sweeney leased the space, which was formerly a True Value hardware store, on behalf of the landlord, St. Louis Ventures, LLC. The space was leased by The Fitness Fuzion, a fitness studio specializing in Zumba.
Edwin Watts Golf Shops Leases First Space in St. Louis
May 31st
Josh Hibbits of NAI DESCO recently completed the lease of a 15,000 square foot retail building located at 13986 Manchester Rd in Ballwin, Mo. to Edwin Watts Golf Shop. Hibbits represented the landlord, TMJ, LLC, in the lease of the former Golf Discount Superstore building. This is the first St. Louis location for Edwin Watts Golf Shop.
Family Dollar Opening New Store in Highland, Illinois
May 26th
Josh Hibbits and David Wittenauer, CCIM of NAI DESCO successfully represented Family Dollar, Inc. in the lease of 8,617 square feet of in-line retail space located at 1016 Broadway in Highland, Illinois. Family Dollar, who leased the space from Family Care Properties, LLC, anticipates a fourth quarter 2011 opening.
Lumber Liquidators Leases Space in Fairview Heights, Illinois
May 16th
David Wittenauer, CCIM of NAI DESCO recently completed the lease of a 7,000 square foot retail building located at 5520 N. Illinois in Fairview Heights, Illinois to Lumber Liquidators. Wittenauer represented the landlord, Matchem Associates, LLC, in the lease of the former Advanced Auto Parts building.
