SHAWNEE CENTER

CAPE'S NEWEST OFFICE & RETAIL DEVELOPMENT

Hwy. 74 & Silver Springs Road - Cape Girardeau, MO

Construction activity in the vicinity of Highway 74 (Shawnee Parkway) and Silver Springs Road is evidence of another addition to West Cape’s growing retail and office space development.  Shawnee Center containing more than 27,900 square feet of commercial lease space is being constructed by the Rebel Group.

The development group has assigned the leasing duties to Tom Kelsey, commercial broker and President of Lorimont Place, Ltd.  Kelsey said even though the new commercial development is just under construction already more than 30% of the available space has been leased.  Station West, a kitchen and bath showroom that will occupy 8,600 square feet on the north end.

  Kelsey said the space sizes will begin at 1,500 square feet up to 19,500 square feet.  His real estate firm will focus on retail, office, restaurant and service oriented type tenants.  The developer will finish lease spaces to suit tenants and rental rates, which will be very competitive, will vary depending on size and interior finish requirements. 

The high traffic and visibility location has already attracted several potential rental prospects that like the close proximity of I-55, new Technology Center, Central High School, Westfield Shopping Mall and Siemer’s Drive retail corridor.  The new development is also situated adjacent to Southeast Missouri Hospital’s future West Campus project consisting of 26 acres along new Mount Auburn Road south of Highway 74.