First National Realty Partners Acquires Retail Property In O'Fallon For $22.5M

A retail property located at 2259 State Hwy K in O'Fallon, MO has been sold for $22,500,000. The property encompasses a total area of 157,779 square feet, leading to a price per square foot of $143. The transaction took place on October 13, 2022.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $22,500,000
• Address: 2259 State Hwy K, O'Fallon, MO
• Market: O'Fallon, MO
• Buyer: First National Realty Partners
• Seller: PEBB Enterprises - Ian Weiner
• Brokers: Evan Halkias & Kyle Pershing - Cushman & Wakefield
• Square Footage: 157,779
• Price Per Square Foot: $143

Evan Halkias and Kyle Pershing from Cushman & Wakefield represented the buyer, First National Realty Partners, in this transaction. Meanwhile, the seller, PEBB Enterprises, was represented by Ian Weiner. The involvement of these individuals and companies played a significant role in facilitating the successful sale of this retail property.