Missouri Retail Center Acquired by DDRS
September 23, 2007 (PRLEAP.COM) Business News
Boise, ID (September 23, 2007) – DDRS is pleased to announce the purchase of Megan Crossings, a three-building, single-story retail center located in the vibrant city of O’Fallon,Missouri. Residing at 200 Megan Avenue, this 113,820 square-foot complex sits on
approximately 11.73 acres and is located within one of the premier retail corridors of St. Louis.
Megan Crossings was built in 2005, is 100% occupied, and features national tenants such as Thomasville, La-Z-Boy, Office Depot, and Dollar Tree.
A western suburb of St. Louis, the city
of O’Fallon rests at the center of one of Missouri’s fastest growing counties.
DDRS is a nationwide buyer of investment-grade commercial properties. Over the last three years, the company has acquired approximately 200 properties valued at over $2 billion.
The primary focus of DDRS is on well-positioned, intrinsic-valued real estate such as retail, office, flex, industrial, and multifamily opportunities. DDRS has three regional acquisition offices located in Atlanta, Boise, and Chicago. For more information, contact Vic Moore in the
Atlanta office at 770-841-0001, Bill Fremgen in Boise at 208-489-2600, or Matt Blauvelt in Chicago at 312-212-4456. Information is also available by visiting www.ddrs.net.