BB&D Handles Land Purchase and Construction Financing of $25MM Spec Distribution Center in Gateway Commerce Center

BB&D recently represented a developer client in the purchase and financing of a contemplated $25MM speculative distribution center in the Gateway Commerce Center in Pontoon Beach, Illinois.  The Class A modern bulk building will initially contain over 650,000 square feet with expansion capabilities to more than 1.3 million square feet.  This is the first large “spec” industrial building to be built in the St. Louis area since 2007 and is scheduled for completion in 2015.  St. Louis member Kevin Fleming handled all aspects of the transaction which closed in July 2014.


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Over the last two decades Blitz, Bardgett and Deutsch has earned a respected reputation in the legal community as a top-flight litigation, real estate and business transactional firm based in St. Louis, Missouri, 120 S. Central Ave., 63105, with offices in Jefferson City and Columbia. BBD’s team of seasoned attorneys and notable up-and-coming associates are also recognized standouts in matters of Employment Law, Regulatory Work, Tax & Estate Planning and Alternative Dispute Resolution.