Acquisitions

Oct. 27, 2017

Perryville Ponderosa Building Sold

Tom Kelsey, commercial broker with Lorimont Place, Ltd. confirmed the sale of the Ponderosa Steak house property located at the I-55 Perryville interchange. Kelsey said it was his understanding the former steakhouse would be converted into a Chinese buffet operation featuring a hibachi grill and other amenities.  The Cape …

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Aug. 1, 2017

Indoor Trampoline Park to Open in Cape Girardeau

A former warehouse building occupied many years by a liquor wholesaler will after much renovation become home to an indoor trampoline park. Tom Kelsey, commercial broker with Lorimont Place, Ltd. has confirmed that a Jonesboro company has purchased the 34,000 square-foot building with over 9 acres at 4240 Nash …

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March 17, 2017

MirTech Harvest Center Opens at Sikeston

A new tractor and implement dealership has opened at 101 County Line Road in Sikeston, Missouri.  Tom Kelsey, commercial broker with Lorimont Place, Ltd. who handled the recent transaction announced that MirTech has opened in the former location of Holt CAT, a Texas based dealership that closed a few months …

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Aug. 12, 2016

Alliance Bank to Build Branch in Jackson

Cape Girardeau based Alliance Bank will build a new bank branch at Jackson, Missouri. Tom Kelsey, commercial broker with Lorimont Place, Ltd. who is handling the real estate transaction verified the bank is purchasing 2.65 acres of property at 2320 E. Jackson Blvd from the Kasten and Manes family …

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Aug. 5, 2016

Golden Corral to Open in Cape Girardeau

When Ryan's Steakhouse closed its doors in Cape Girardeau along with several of their restaurants nationwide, it made an opportunity for a competing buffet to open in the same location. A Golden Corral spokesman confirmed the property will become their newest restaurant in the Midwest. Tom Kelsey, commercial broker …

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April 1, 2016

Richardson Tire to Open on Nash Road

A familiar name in the truck tire business will return to Southeast Missouri with the opening of Richardson Tire Service at 4901 Nash Road in Cape Girardeau. Tom Kelsey, commercial broker with Lorimont Place, Ltd, who handled the real estate transaction, confirmed the sale of the 60,000 square-foot industrial …

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April 1, 2016

Reed's Metals Opens Scott City Manufacturing Facility

Mississippi based Reed's Metals will open a manufacturing and sales facility in Scott City according to Tom Kelsey, commercial broker with Lorimont Place, Ltd who handled the recent real estate transaction. The company is a metal manufacturer specializing in metal roofing, metal buildings and pole barns and has eight …

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Aug. 14, 2015

Former PolyOne Plant in Cape Girardeau Sold