Investment Property

Dec. 2, 2019

Nash Road Truck Terminal Sold by Lorimont

The Dohrn Transfer facility located at 3033 Nash Road has been recently sold to an investment buyer, Reaups, a Cape Girardeau based investment corporation.  Tom Kelsey, commercial broker with Lorimont Commercial Real Estate ,announced their real estate company handled this sale packaged with two others owned by Rhodes Real ...

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Dec. 2, 2019

Spectrum Communications Building Sold

Spectrum’s operations office located at 3140 Nash Road in Scott City has been sold according to Tom Kelsey, broker with Lorimont Commercial Real Estate. Kelsey said the 9,600 square-foot facility leased by Spectrum was purchased by Reaups, a Cape Girardeau based investment corporation

The leased building is divided up ...

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Oct. 21, 2019

Scott City Plaza Has Been Sold

North Scott County’s largest neighborhood shopping center has a new owner and landlord according to Tom Kelsey, broker with Lorimont Commercial Real Estate who handled the recent sale.  Kelsey said the development consists of 32,500 square-feet located on over 3.5 acres with 8 different tenants occupying lease ...

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June 1, 2019

Cape Tractor Trailer Supply Property Sold

The former Cape Tractor Trailer Supply property located at 900 S. Kingshighway has been SOLD according to Tom Kelsey, broker with Lorimont Commercial Real Estate who handled the recent sale.  The heavy truck parts distributor and repair facility operated for many years at that location and closed almost a ...

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March 22, 2019

Blue Sky Community Services to Open Jackson Facility

Blue Sky Community Services helps adults with developmental disabilities build and support life skills, and this summer, will bring services to Jackson.  The former Jackson Church of the Nazarene at 2245 Old Toll Road in Jackson will house the newest Blue Sky facility.

Owners Kevin and Cheryl Smith said ...

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Feb. 14, 2019

Nash Road Warehouse Sold

One of Southeast Missouri's larger warehouse facilities has been recently sold by Lorimont Commercial Real Estate of Cape Girardeau.  Tom Kelsey, commercial realtor announced the sale of the 85,558 SF industrial building with 11,206 SF of executive offices on 7.02 acres of property.  The ...

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Jan. 4, 2019

Perryville Sears Building Has New Owner

A Perryville commercial retail property that currently is occupied by the Sears retail store in Perryville, has been recently sold.  Tom Kelsey, commercial broker with Lorimont Commercial Real Estate, who represented the sellers confirmed the real estate sale closed last week on the property owned by John and Lisa ...

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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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