Business Growth

March 11, 2019

Artisan Contracting to Relocate in Cape Girardeau

After having offices on the third floor of the Cape Girardeau Commerce Bank building for 20-years, Artisan Contracting is relocating its operations to larger facilities at 2097 Corporate Circle in Cape. Tom Kelsey, broker with Lorimont Commercial Real Estate, who handled the recent real estate transaction, announced the contracting firm …

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Feb. 11, 2019

Presort Mail Company Purchases Cape Building

The former Midwest Painting building and property at 2121 Bessie Street in Cape Girardeau has been purchased by Presort, Inc., a St. Louis based company in the direct mail expediting business. Tom Kelsey, commercial Realtor, with Lorimont Commercial Real Estate who represented the seller said he understood the new buyers …

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Dec. 20, 2018

Bootheel In-Home Care Opens Cape Office

New Madrid based Bootheel In-Home Care has opened an office in the Shawnee Center development in Cape Girardeau according to Tom Kelsey, Broker with Lorimont Commercial Real Estate, who handled the lease transaction.  The company was previously located in Scott City and outgrew that facility according to Kelsey.  

The …

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Oct. 16, 2018

U-Haul Purchases Former Magna-Tel Property

The former Magna-Tel property at 775 S. Kingshighway in Cape Girardeau has been purchased by U-Haul International.  Tom Kelsey, broker with Lorimont Commercial Real Estate who handled the sale, confirmed the real estate transaction had been finalized earlier this week.  Kelsey said he understands the 27,100 square-foot …

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Sept. 18, 2018

Drury Southwest Acquires Lorimont Place Development

One of the largest corporate developments in the Southeast Missouri region has been recently sold according to Tom Kelsey, broker with Lorimont Commercial Real Estate.  Kelsey, who handled the sale confirmed that Drury Southwest through its affiliate, DSW Development Corporation has acquired Lorimont Place located at 240-280 S. Mount …

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Sept. 14, 2018

Krispy Kreme to Locate on William

At long last, Krispy Kreme will officially be bringing its signature doughnuts to Cape Girardeau.  Tom Kelsey, commercial broker with Lorimont Commercial Real Estate, who handled the property sale, confirmed the real estate transaction has been recently completed. The location will be directly east of the El Torero Mexican …

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Sept. 14, 2018

Benco Industrial Equipment Now Open on Nash Road

Benco Industrial Equipment is now open at 4014-C Nash Road in Cape Girardeau according to Tom Kelsey commercial broker with Lorimont Commercial Real Estate who handled the lease transaction. 

The St. Charles based company was founded in 2004, and handles sales, service and rentals of material-handling equipment, company president …

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July 6, 2018

New Japanese Restaurant to Open

A new hibachi restaurant is expected to open in Cape Girardeau in early 2017 in the Town Plaza shopping center. Tom Kelsey of Lorimont Place Ltd., who brokered the lease, confirmed the finalized contract.  But owner Dinah Agustin says Midori Japanese Cuisine is unlike Japanese grills in the area. "We …

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June 22, 2018

China Town Buffet to Move, Rename

China Town Buffet plans to eventually move a block south of their present location according to Tom Kelsey, commercial broker with Lorimont Place, Ltd. Kelsey said his company recently brokered the sale of the former Pagoda Gardens property at 329 S. Kingshighway to Jerry Feng, owner of China Town Grill …

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June 4, 2018

Athletico Physical Therapy Opens in Town Plaza

Cape Girardeau and Southeast Missouri will have another option for outpatient physical therapy services with the opening of Athletico in the Town Plaza Center. The 25 year old company is one of the largest physical and occupational therapy providers in the country with over 400 locations and employs 4,500 …

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