Clayco unit plans new $30 million spec building

This story was originally published in St. Louis Business Journal on October 11, 2016.

By Brian Feldt | bizjournals.com/stlouis

CRG Real Estate Solutions, the real estate development group of Clayco, plans to build a 537,753-square-foot speculative distribution warehouse in Kinloch’s NorthPark business park.

The building will cost $30 million to build. American Realty Advisors is investing in the ownership with CRG. Terms of the ownership agreement between CRG and American Realty Advisors were not disclosed…