Subtext Opens MXU Residential Property in St. Louis
Why this matters
Mixed-use is where the most interesting urban repositioning is happening. Office-to-residential conversions in Manhattan, Washington, and Philadelphia have moved from pro-forma exercises to closed transactions, and walkable suburban densification is drawing patient capital with longer hold periods than the traditional core or value-add fund structures support. For allocators, mixed-use offers exposure to multiple property types within a single basis, which has become attractive as monoline sector forecasts have widened.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed mixed use deal value tracked in October 2026: $71M across 2 reported transactions. All Mixed Use coverage →
Computed from Real Estate Trail’s own tracked coverage
Subtext has officially opened LOCAL on Delmar, a new, mixed-use residential community in Missouri’s University City. Located at the western edge of the Delmar Loop entertainment district and less than half a mil…
External link. Real Estate Trail does not republish source content.
Related coverage — Mixed Use
PCD Receives Approval for 120-Acre Mixed-Use Development in Pearland, Texas
PEARLAND, TEXAS — Planned Community Developers (PCD) has received approval from the City Council of Pearland, a southern suburb of Houston, and has closed on the land for a 120-acre mixed-use development. The site is…
BKREA Tapped to Sell Fully Entitled, Large-Scale Bronx Site
Himmel + Meringoff Properties and Affinius Capital have selected BKREA to sell 1601 Bronxdale Ave., a fully entitled, large-scale Bronx development site planned as a mixed-use hub with thousands of new homes and direc…
LOCAL on Delmar Mixed-Use Community Opens in Suburban St. Louis
UNIVERSITY CITY, Mo. — National real estate developer Subtext has opened LOCAL on Delmar, a new mixed-use residential community in University City, located about eight miles west of downtown St. Louis. Situated at the…
Walker & Dunlop Arranges $60M Loan for Refinancing of Mixed-Use Campus in Tinton Falls, New Jersey
TINTON FALLS, N.J. — Walker & Dunlop has arranged a $60 million bridge loan for the refinancing of Bell Works Fort Monmouth, a mixed-use campus in the Northern New Jersey community of Tinton Falls. Bell Works Fort Mon…
BRUNT Workwear Signs 56,000 SF Lease at Mixed-Use Property in Wilmington, Massachusetts
WILMINGTON, MASS. — BRUNT Workwear has signed a 56,000-square-foot lease in the northern Boston suburb of Wilmington. The space is located within the property at 299- 301 Ballardvale St., which can support industrial,…
More from the wire
Miami’s Little Havana confronts housing density’s double edge
Plan would allow up to 150 units per acre and 8-story buildings, while design rules and state review could extend timelines