Chesterfield Mall, previously controlled by C-III Asset Management, sold
Andrew Farkas is the Chief Executive Officer of C-III Capital Partners—a leading commercial real estate services and investment management company with principal offices in New York City and Irving, Texas. The company took control of a retail property known as the Chesterfield Mall, located near St. Louis, Missouri, following a foreclosure action in 2017 before putting a majority of it for sale in March of 2018.
The location is now set to be replaced by a new development aiming to mimic a walkable urban area. The development is being called Chesterfield Outlets and construction has begun to create The District, which is slated to include a new concert space in addition to other entertainment offerings.
With a leadership team that has been together for over 20 years and successfully built one of the largest fully-integrated real estate services companies, C-III Capital Partners uses their expertise, experience and platform to further enhance their track record, as well as deliver superior and long terms funds to their investors.