The Promenade at Brentwood, a 337,800-square-foot retail shopping center located in Brentwood, Missouri, is now on the market for sale. This open-air center is owned by Site Centers of Ohio and holds a dominant position in the St. Louis MSA as it sits within the bustling Brentwood retail corridor.
Leading the marketing and sale of this property are CBRE’s Christian Williams and Chase Young. Ranked among the top three shopping centers in terms of consumer traffic within its MSA, this center boasts an impressive list of national retailers such as Target, Trader Joe’s, Burlington Stores Inc., Five Below,
Ulta Beauty,and Chase Bank.
According to reports from St. Louis Business Journal,the site has been appraised by St.Louis County at $29 million.The development was completed in 1990s through a joint venture between Sansone Group based out of St.Louis and Orix Real Estate Equities Inc.of Chicago known as Orix Sansone Bentwood LLC.The property last changed hands backin2001.
CBRE Markets Large Shopping Center for Sale
