With the acquisition, Marquee Brands will diversify its women's fashion division and add scale to its directly managed e-commerce platform. Marquee Brands currently operates across women's fashion, men's fashion, active & outdoor and home & food divisions.
Big boxes centrally located within dense mature markets provide unique long-term investment opportunities, and are attractive to retailers relying on frequent repeat traffic and servicers seeking core locations.
Located at the corner of Howard and Beale streets in the city's Transbay district, the 803,700-square-foot tower sits across the street from the new Transbay Transit Center and is three blocks from the Bay.
The NorthSide Regeneration is a 1,500-acre mixed-use development led by McKee and his real estate development company M Property Services to revitalize blighted North St. Louis City.