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MissouriRetail

NAI DESCO remains busy; closes several leases in St. Louis area

Staff Writer April 5, 2017
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St. Louis’ NAI DESCO has been busy lately in Missouri. The brokerage recently completed several leases in the state.

Gary Essman of NAI DESCO recently completed the lease of 11,638 square feet of retail space at Washington Square in Washington, Mo., to Petco. Essman represented the landlord, Market Place Phase II Development, LC in the 10-year lease.

The store is expected to open in June or July of this year, and will occupy part of the former JC Penney space. The 111,500-square-foot shopping center has only 8,000 square feet remaining to be leased.

Josh Hibbits of NAI DESCO successfully represented Family Dollar Stores of Missouri, Inc. in the lease of 8,583 square feet of in-line retail space at the Surrey Plaza shopping center, located in Florissant, Mo. Family Dollar, which leased the space from Bridle Development Corp., anticipates a summer opening.

Matt Hirsch and Barry Iken of NAI DESCO represented Premier Medical Specialist LLC doing business as Des Peres Hospital in the lease of 3,695 square feet of medical space in an on-campus building in Des Peres, Mo. The office, which was leased from Windrose St. Louis I Properties LLC, will house internal medicine specialists.

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