St. Louis , Missouri

Colliers Turley Martin Tucker (CTMT) has been awarded the leasing and management services for the Gateway Commerce Center properties. The buildings, some of which are jointly owned by Trammell Crow Company and the Multi Employer Property Trust (MEPT), encompass over 2.6 million square feet.  The modern bulk warehouses and distribution centers have excellent access to major highways and multiple transportation systems.  Gateway Commerce Center is one of the premier bulk distribution parks in the region.

Terry Stieve, CCIM, SIOR and Katie Haywood will be the lead brokers for leasing Gateway Distribution Centers I & II and Westway I, which collectively total 1.2 million square feet. CTMT represents Kennedy Associates, a full-service registered real estate investment advisor which advises MEPT, and Trammell Crow Company, one of the nation’s leading developers and investors in real estate.

“The buildings, roadways and utilities in Gateway Commerce Center have been designed to meet the distribution requirements of large corporations” says Terry Stieve, CTMT representative. “Gateway Commerce Center offer expansive build-to-suit space that can accommodate users up to 1.2 million square feet.”

The properties, located in Edwardsville, Illinois, (St. Louis metro area) are easily accessible to interstate highways, air cargo, inland port and rail facilities. Gateway Commerce Center offers incentive programs, low operating costs, custom office finishes and space built to specification. Besides the strategic location in the St. Louis region, the area also offers a skilled workforce, services and amenities on site.
 
“We are pleased to grow and strengthen our relationships with MEPT and its advisor, Kennedy Associates, as well as Trammell Crow Company. Currently, we are managing another of Kennedy’s Clients’ projects, Progress Point, an office building in O’Fallon, Missouri, as well as providing the firm with real estate services in various cities including Indianapolis, Cincinnati and Washington D.C.” states Dean Mueller, CTMT managing principal.

Kennedy Associates is an institutional real estate advisor to MEPT as well as a select group of public and corporate retirement systems, major university endowments and sovereign wealth funds.  Headquartered in Seattle, WA with offices in Chicago, Washington D.C., Dallas, San Francisco and Los Angeles, Kennedy has approximately $8.5 billion in real estate assets under management.  MEPT is a $4.6 billion real estate equity fund.

Trammell Crow Company is a real estate development and investment firm with offices in approximately 21 major cities throughout the U.S. and Canada. They have developed or acquired over 500 million square feet worth an estimated $50 billion in value. Trammell Crow Company is committed to creating the right product in the right market for each client while supporting quality economic growth for the community. With a wide range of expertise, they serve nearly every product type including office, industrial, retail, healthcare, student housing, on-airport distribution, multi-family residential, and mixed use projects.

About

About Multi-Employer Property Trust
Multi-Employer Property Trust ( www.mept.com) is an open-end commingled real estate equity fund that invests in a diversified portfolio of institutional-quality real estate assets in the United States. MEPT's portfolio consists of 181 properties in 26 major metropolitan markets across the US. MEPT’s mission is to deliver to its pension plan investors stable, competitive, low-risk returns while maintaining the benefits offered by a diversified, high-quality real estate portfolio. Through its principles of value investing, responsible property investing, and superior fiduciary and investor services, the Fund will acquire and build commercial real estate assets, at or below replacement cost, thereby creating economic activity and jobs while incorporating sustainable development practices and energy conservation.

About Trammell Crow Company
Trammell Crow Company, founded in 1948, is one of the nation’s leading developers and investors in real estate. It has developed or acquired over 500 million square feet of buildings with a value exceeding $50 billion. As of June 30, 2009, Trammell Crow Company had over $6.7 billion of projects in process or in its pipeline. Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in approximately 21 major cities throughout the U.S. and Canada. The company serves users of, and investors in, office, industrial, retail, healthcare, student housing, on-airport distribution, multi-family residential, and mixed use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet its clients’ needs. For investor clients, the company offers large strategic joint ventures, opportunity funds, and other targeted investment options. Trammell Crow Company is an independently operated subsidiary of CB Richard Ellis Group, Inc., the world’s largest commercial real estate services firm (based on 2008 revenues).  For more information visit www.TrammellCrow.com.

About Colliers Turley Martin Tucker
Colliers Turley Martin Tucker recently completed the consolidation of its ownership structure with Cassidy & Pinkard Colliers, Colliers Pinkard, and Colliers ABR, forming a holding company that is one of the nation’s largest commercial real estate service firms.  The consolidated entity operates in all 50 states, completes more than $13 billion in worldwide transactions annually, and manages more than $30 billion in real estate.  The holding company’s portfolio totals 300 million square feet under property management, 210 million square feet of space for lease, and $5 billion in capital markets transactions annually.  The Corporate Solutions division sustains more than 20,000 locations for Fortune 1,000 companies and delivers a new location “Every 80 Minutes.”  Colliers is the top-ranked real estate firm on the Global Outsourcing 100 companies list, IAOP Top 100.  For more information about Colliers International, a worldwide affiliation of independently owned and operated companies, visit www.colliers.com.

Contact Information

Sarah Stiehr   sstiehr@ctmt.com

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