Industrial X Missouri
NAI Hiffman closes sale-leaseback of Missouri manufacturing facilities

NAI Hiffman closes sale-leaseback of Missouri manufacturing facilities

NAI Hiffman completed a sale-leaseback transaction on behalf of Young Innovations, Inc., a global manufacturer and distributor of consumable dental supplies and equipment. The assets, which sold for $17.1 million, include the company’s 95,000-square-foot headquarters building at 2260 Wendt St. in Algonquin, Illinois, as well as the firm’s three manufacturing and distribution facilities totaling 117,400 square feet in Earth City, Missouri, a suburb of St. Louis.

CRE X Missouri
Jonathan Cohen;Kwame Building Group

St. Louis' Kwame hires civil inspector

Jonathan Cohen has joined St. Louis-based Kwame Building Group, Inc. as a civil inspector. In this role, Cohen will work on Metropolitan Sewer District projects to monitor the installation of sewer lines and tunnel work as part of MSD’s Project Clear initiative to improve water quality and alleviate wastewater concerns in the St. Louis region.