YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

STL apartment complex sells for $71M

Posted online

A 278-unit multifamily apartment complex in St. Louis sold for nearly $71 million.

Invesco Real Estate purchased the real estate from Balke Brown Transwestern, which developed it in 2013 for $42 million. The property is located in the Forest Park area.

Real estate data firm Reonomy notes the purchase is the largest transaction of the year so far in St. Louis.

Read more from the St. Louis Business Journal.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Tin Ceiling Event Venue and Mercantile

A health care worker became a first-time business owner; a home baker decided to pursue a longtime dream of starting her own business; and Springfield-based Premier Choice Tax and Accounting Solutions LLC expanded its reach in Greene County.

Most Read