Summit Real Estate Group: Creating value through ground-up industrial development


In a recent transaction, Clayton-based Summit Real Estate Group (Summit), one of St. Louis’ largest real estate development firms, closed on an existing warehouse and adjacent 23.2-acre industrial land site north of Miami for $59.7 million. A multi-tenant warehouse will be built on the land site, creating a $106 million two-building project that is scheduled for completion in quarter four of 2024.

Acquired on behalf of Summit’s Arrowrock US Industrial Fund IV LP, in partnership with TPG’s…

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