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Commercial Real Estate Services

St. Louis entrepreneur uses business as springboard into investment, then retirement

St. Louis entrepreneur uses business as springboard into investment, then retirement

Multifamily Investment Property in St. Louis’s Metro East Dan Lester is living the American dream. Having begun his career as a mechanic, Lester opened Lesco Enterprises, a pre-owned car dealership and auto repair shop, in 1987. As Lesco grew, Lester was eventually...
Dave Spence sells pharma HQ for $12.2M

Dave Spence sells pharma HQ for $12.2M

The North County headquarters of Legacy Pharmaceutical Packaging has been sold for $12.2 million. The buyer was New York-based Royal Oaks Realty Trust, which owns more than 3.6 million square feet of property across 13 states. The sale, which closed Aug. 14, includes...
Divest for Success — Here’s When to Sell Your Commercial Real Estate Investment

Divest for Success — Here’s When to Sell Your Commercial Real Estate Investment

Over my thirty-three years in the commercial real estate business, I’ve helped hundreds make smart property investments. The market is complicated, but with an average rate of return of 10.6%, real estate consistently outperforms the S&P 500 Index (roughly 8%)....
How Hilliker Thrives in the Cutthroat Commercial Real Estate World

How Hilliker Thrives in the Cutthroat Commercial Real Estate World

The independent, Brentwood-based firm credits a hyperlocal approach with national connections for its success in face of its heavy-hitter competitors. When Ben Hilliker started his real estate firm more than 30 years ago, he could count his competitors on one hand....
Better Deals, Less Stress: How to Choose the Right Commercial Real Estate Broker for You

Better Deals, Less Stress: How to Choose the Right Commercial Real Estate Broker for You

I was in my early-30s when I got started in Commercial Real Estate. That was over thirty years ago! Then, as now, newer Brokers teamed up with more experienced Brokers to learn the ropes. That’s when I met Wallace McNeill. Wallace was the first person to show me how...