St. Louis — Select Strategies Retail Holdings V LLC, an affiliate of privately held real estate investment firm Select Strategies Realty, has purchased a seven-property shopping center portfolio in metro St. Louis for $78.4 million.
The 1.1 million-square-foot portfolio is 91 percent leased to tenants such as Aldi, Fresh Thyme Farmers Market, Burlington and Planet Fitness. The properties include Creve Coeur in Creve Coeur, Kings Highway in St. Louis, LeMay Shopping Center in St. Louis, Gravois Plaza in St. Louis, Kirkwood Crossing in Kirkwood, Overland Crossing in Overland and Fairview City Centre in Fairview Heights. Jeremy Sain of HFF represented Select Strategies. The seller was not disclosed.