Retail X Missouri

Mid-America sells 53,000-square-foot retail center in Missouri

Mid-America sells 53,000-square-foot retail center in Missouri,ph01

Mid-America Real Estate Corporation and Pace Properties recently brokered the sale of Chesterfield Valley Square in Chesterfield, Missouri. The 53,928-square-foot retail center was purchased by St. Louis, Missouri-based The Staenberg Group.

Chesterfield Valley Square is positioned in the heart of the Chesterfield regional trade area, a prominent retail hub serving the western suburbs of St. Louis. The 100-percent occupied retail strip center leased to a solid mix of restaurants, necessity, service, and specialty retailers including national credit tenants like Sherwin Williams, U.S. Bank, Bar Louie, and Athletico, as well as local tenants such as Oishi Sushi & Steakhouse.

Mid-America Real Estate Corporation Principal Ben Wineman in cooperation with Pace Properties Vice President Scott Seyfried were the exclusive brokers in the transaction on behalf of the seller, a St. Louis, Missouri-based private investor.