Restaurant News Chicken Salad Chick announces stores in Chesterfield Valley and Creve Coeur Llywelyn’s Pub closes Central West End location but opens new O’Fallon, MO store Strange Donuts opens a new location in Creve Coeur HopCat opens in the Delmar Loop Hiro Poke opens in the food hall at One Met Square 909 Public House opens in Wentzville EdgeWild opens new location in Edwardsville

Hamilton’s Urban Steakhouse & Bourbon Bar opens in Lafayette Square The Baked Bear to open in the Delmar Loop YellowBelly tiki bar announces October opening in the Central West End The Flying Saucer closes Downtown; Midwest Meat & Drink will open in its place Cinder House opens at the Four Seasons Downtown Big & Mid Box News Kmart closes store in Cape Girardeau Aldi to open store in Kirkwood Crossing on S. Kirkwood Rd

Schnucks purchases 20 Shop N Save locations; 15 remaining Shop N Save locations to close Floor & Décor is taking over the former At Home stores in Bridgeton and South County Other Retail News Chesterfield Mall is sold to The Hull Group The Staenberg Group purchases the former Taubman Outlet Mall in Chesterfield Valley Top Golf opens in Chesterfield Valley Kimco sells large portion of their retail portfolio in the St. Louis market

101 S. Hanley Rd , Suite 1900 | St. Louis MO 63105 314 994 4444 | info@naidesco.com | naidesco.com

The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to lease or purchase.

Retail Report

101 S. Hanley Rd , Suite 1900 | St. Louis MO 63105 314 994 4444 | info@naidesco.com | naidesco.com

The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to lease or purchase.

Fall

2018

Featured Listings

The Crossings at Mid Rivers St. Peters, MO • Three junior anchors

spaces available; can be combined for 24,939 – 88,445 SF

• Free-standing 6,876 SF restaurant available

• Co-tenants include Costco and Mattress Firm

• Visible from I-70 Contact Broker for Pricing: Tony Salerno 314-994-2322 Bill Barnes 314-994-4401

The Shoppes at Hawk Ridge Lake St. Louis, MO • 42,081 SF junior anchor

space available at the Shoppes at Hawk Ridge

• Shadow anchored by Lowe’s and Walmart

• Conveniently located at Hwy N & I-64

• Strong demographics and residential growth

Contact Broker for Pricing: Tony Salerno 314-994-2322 Bill Barnes 314-994-4401

I-44 Retail Showroom Fenton, MO • 54,480 SF shopping center

for sale • Located on the south outer

road of I-44 • Long term tenants include

Hot Shots Bar & Grill, St Louis PowerSports & Lumber Liquidators

Contact Broker for Pricing: Peter Sheahan 314-994-4081 Brian Schnuck 314-994-2321

1246 Central Park Dr O’Fallon, IL • 40,000 SF single-tenant

absolute Net-leased investment opportunity

• The offering is a sale / leaseback to Kloss Furniture with a 10 year lease and four 5-year options

Contact Broker for Pricing: Peter Sheahan 314-994-4081 Michelle Miller 314-994-4944

NAI DESCO is currently seeking

locations for:

IN THIS ISSUE Featured Listings 1 Tenant Rep Assignments 1 Recent Transactions 1 Sale Comps 2-3 Tenants Expanding 4 Retail Market Buzz 4

Recent Transactions Bill Barnes represented the purchaser and Peter Sheahan represented the seller of the 2,830 SF Commerce Bank at 2496 Troy Rd in Edwardsville Michelle Miller represented the landlord in the lease of 1,300 SF to City Scoops Creamery at 300 Edwardsville Rd in Troy, IL Noel Fehr represented the Landlord in the lease of 1,141 SF to Cabinets & Granite Corp at 8629 Mexico Rd in O’Fallon, MO Tony Salerno and Peter Sheahan represented the Seller of a 7,650 SF strip center at 8471 N. Lindbergh Blvd in Florissant Bill Barnes represented the seller of the Parkway Hotel at 4550 Forest Park Ave in St. Louis Tony Salerno represented the seller of a 7,443 SF building at 1909 Locust St in St. Louis Peter Sheahan represented Menards Inc in the purchase of 20 acres in Rolla, MO

Tenants Expanding in the Market Big Box Academy Sports Costco Kohl’s Menards Walmart Mid Box Bob’s Discount Floor & Decor Hobby Lobby Home Goods Marshalls Party City Ross TJ Maxx Value City Furniture Restaurants Andy’s Custard Blaze Pizza Chick-fil-A Chicken Salad Chick Dunkin Donuts Firebirds McAllisters Panda Express Pizza Ranch Popeye’s Raising Cane’s Starbucks St. Louis Bread Co. Other Retailers Club Fitness Gold’s Gym Here Today Mercy Go Pet Supplies Plus Planet Fitness QuikTrip St. Vincent de Paul Grocery Aldi Fresh Thyme Neighborhood Market Ruler Foods Schnucks

St. Louis Retail Market Buzz

Retail Report

Hunter Alexander Associate 314-994-2320

William Barnes Principal 314-994-4401

Noel Fehr, CCIM Vice President 314-994-4953

Dan Hayes Principal 314-994-4068

Michelle Miller Associate 314-994-4944

Tony Salerno Vice President 314-994-2322

Peter Sheahan Principal 314-994-4081

Jill DeLauter Marketing Manager 314-994-4281

The NAI DESCO Retail Services Group

Fall

2018

SOUTH

Total Access Urgent Care purchased the 4,536 SF Mattress Firm at 6940 S. Lindbergh Blvd for $1,875,000

Bratkowski & Associates purchased a 16,500 SF strip center at 1600-16 Jeffco Blvd for $755,000

National Retail Properties purchased the 30,000 SF Big Lots at 8563 Watson Rd for $2,708,333

AMERCO Real Estate Co purchased the 22,429 SF Show Me Lanes at 4575 Lemay Ferry Rd for $1,525,000

Retail Report

101 S. Hanley Rd , Suite 1900 | St. Louis MO 63105 314 994 4444 | info@naidesco.com | naidesco.com

Sale Comps The next two pages provide an illustration of recent retail sale comparables in the area. For more comparables, contact a Retail Service Group broker. ST. CHARLES - WEST Midwest Retail Properties purchased the 124,797 SF Shoppes at Hawk Ridge for $16,500,000 Wynn-Hoff Realty purchased a 15,000 SF daycare center at 1020 Meyer Rd for $3,315,000 RLP Development Co purchased the 3,110 SF Hardee’s at 1944 Wentzville Pkwy for $2,000,000 New Creation Church purchased the 10,000 SF bank building at 5 W. Pearce Blvd for $380,000 ST. CHARLES - EAST KVC Food Ents purchased the 6,500 SF restaurant at 2865 Veterans Memorial Pky for $1,275,000 Salt S Main R&E purchased the 3,662 SF restaurant at 501 S. Main St for $825,000 Midwest Retail Properties purchased the 49,155 SF Regency Square at 1051 Regency Pky for $5,980,000 Freddy’s purchased 1.16 acres at 3889 Veterans Memorial Pkwy for $850,000 WEST

Spirit Realty Capital purchased the 89,305 SF Kohl’s at 14425 Andersohn Dr for $8,640,000 Hull Property Group purchased the 1,283,503 SF Chesterfield Mall for $12,695,014 Polizzi Properties purchased the 3,958 SF Applebee’s at 1960 Washington Crossing for $2,620,000

NORTH

VAC Norwood, Inc. purchased the 5,100 SF Bank of America at 6950 Parker Rd for $1,750,000

Funeral Services Acquisition Group purchased a 14,058 SF funeral home at 118 N. Florissant Rd for $300,000

TNG Investors purchased the 3,506 SF Fazoli’s at 12341 St. Charles Rock Rd for $1,650,5112

The Sobhani Trust purchased the 5,858 SF QT at 11150 St. Charles Rock Rd for $6,932,500

ST. LOUIS CITY Daniel Cook purchased the 7,762 SF Tanner B’s building at 1113 Pine St for $290,000 Abott Properties purchased a 7,443 SF building at 1909 Locust St for $157,500 Advanced Concepts Real Estate purchased a 9,000 SF storefront at 1326-30 Washington Ave for $1,725,000 ILLINOIS - NORTH AEW Properties purchased 2 retail properties at 2117 & 2141 S. IL-157 in Edwardsville for $2,650,000 L3 Corp purchased the 71,804 SF East Alton Plaza at 608-12 W. St. Louis Ave in Alton for $950,000 Anderson Real Estate Holdings purchased the 32,256 SF former Rothman Furniture at 3001 Washington Ave in Alton for $1,800,000 RLP Development Co purchased the 3,001 SF Burger King at 708 Edwardsville Rd in Troy for $1,575,000 ILLINOIS - SOUTH

MD Prime LLC purchased the 5,117 SF Applebee’s at 47 Ludwig Dr in Fairview Heights for $520,000 H & S Investment Group purchased the 84,998 SF Weekends Only at 51 Commerce Ln in Fairview Heights for $5,325,000 Guido Bertoli purchased the 4,263 SF Steak N Shake at 4320 W. Main St in Belleville for $800,000 Aphpjp, Inc purchased the 2,200 SF Dairy Queen at 412 S. Madison St in Lebanon for $1,350,000 The information contained herein has been obtained from reasonably reliable sources; however, no guarantee is made with respect to accuracy.

Fall 2018

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CENTRAL

AKG Development purchased the 44,980 SF Delcrest Plaza and adjoining parcel at 8400-8500 Delmar Blvd for $4,700,000

TCNM, LLC purchased the 11,385 SF Dollar General at 7900 Olive Blvd for $977,852

David Edwards purchased the 3,600 SF Qdoba at 6701 Clayton Rd for $1,835,000

Old Webster Development, LLC purchased the 21,682 SF Auto Beauty Specialists building at 216 W. Lockwood Ave for $2,700,000

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