CIRB News & Transactions
News 04/07/2004 : NEW DEVELOPMENTS at Kaplan Real Estate, Missouri!
ST. CHARLES, MO - Kaplan Real Estate is in the process of developing and currently has under construction a 10,000 +/- sq. ft. high end strip center - High end, high finish retail strip center with drive thru on one end cap being developed on Zumbehl Rd. & I - 70 (at Hawks Nest Drive). Adjoins new free standing recently developed Walgreens store. This is a high income, high traffic location in the fastest growing county in Missouri. Great demographics! Other retailers and restaurants in the immediate area include WalMart, Sam's, Schunck's Grocery, Dierberg's Grocery, Michael's Crafts, Office Max, St. Louis Bread Co. (Panera, Inc.), Golden Coral, McDonald's, Chevy's, Bob Evan's, Quizno's and many more. Space is available from 1,400 sq. ft. and up.
ROLLA, MO - Kaplan Real Estate has recently been awarded the development rights and has entered into a redevelopment agreement with the City of Rolla, MO for a 14.5 +/- Acre development site,100,000 to 140,000 +/- sq. ft. retail development, TIF Project (public - private development project with the City of Rolla, MO). Site is at the intersection of U. S. Hwy. 63 (Bishop Rd.) and MO. Hwy. 72 ("main & main" for Rolla!). Site is across Bishop from an extremely high volume 24 hr. Walmart Super Center. Rolla is home to the University of Missouri - Rolla campus, U. S. Forest Service, and close by, Ft. Leonard Wood military base. The retail trade area consists of a population draw of approximately 150,000 people. Rolla, MO is on I - 44, in South Central Missouri, approximately 110 miles from St. Louis (to the Northeast) and 110 miles from Springfield, MO (to the Southwest).
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