McKinley Announces Successful Disposition

January 24, 2011

January 20, 2011

Contact: Mary S. Williams

734.769.8520 x244


McKinley Announces Successful Disposition

ST. LOUIS, MO McKinleys Commercial Client Services is pleased to announce the successful disposition of 500 N. Broadway, a 285,000 square foot office building in downtown St. Louis, Missouri. McKinley was appointed receiver for this asset on June 24, 2010.

We appreciated the opportunity to be involved in the repositioning of this asset on behalf of our valued client, states Albert M. Berriz, Chief Executive Officer of McKinley.

For more information on McKinleys Commercial Client Services and Property Management, please contact Matthew D. Mason at 734-769-8520 x267.

McKinley, founded in 1968, is a well respected national real estate investment firm that owns and operates $2.4 billion in assets in 189 properties for its own account and for select clientele. This includes 33,922 apartments and over 7.6 million square feet of commercial space located in 19 states. Headquartered in Ann Arbor Michigan, Albert M. Berriz serves as Chief Executive Officer with 1,250 full-time employees nationwide.