trending Market Intelligence /marketintelligence/en/news-insights/trending/qp-bdmfdcvwh_s3orkizvq2 content esgSubNav
In This List

Mills Properties divests 178-unit apartment building in St. Louis for $80M

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective

Blog

Real Estate News & Analysis: May Edition


Mills Properties divests 178-unit apartment building in St. Louis for $80M

Mills Properties Inc. sold The Orion building, a 178-unit residential development in St. Louis, to Canadian real estate investment company Brass Enterprises Inc. for $80 million, the St. Louis Business Journal reported, citing the buyer.

Mills Properties developed the $55 million building in the Central West End, which opened in 2016, according to the May 18 report.

A Whole Foods Market occupies more than 38,000 square feet on the ground floor of The Orion on a 20-year term lease with six five-year term extensions, the buyer was noted saying on its website.

Berkadia represented Mills Properties in the deal that concluded May 8.