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The Maune Company Joins Pace Properties

ST. LOUIS (July 5, 2017) – St. Louis-based commercial real estate firm Pace Properties announced the acquisition of The Maune Company. The two complementary businesses will operate under the Pace Properties banner.

The addition of Maune’s experience in the industrial sector will expand Pace’s core service offerings of investment and development services, property management and brokerage. Pace will now have 28 licensed brokers with expertise in all property types. The addition of Maune’s portfolio of managed properties, made up of predominantly industrial space, will increase the size of Pace’s management portfolio, previously consisting primarily of retail properties, from 3.7 million to over 5.5 million square feet. The combined portfolio consists of 75 properties of varying property types and is owned by a mix of local owners and institutional investors. 

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