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
From the Ground Up: Roy Blunt Hall addition

Missouri State University’s science building, built in 1971 and formerly called Temple Hall, is being reconstructed and updated.

Most Read
Update cookies preferences