The Opportunity
THE CLOVER IS A BEST-IN-CLASS MULTIFAMILY COMMUNITY LOCATED WITHIN OLIVE CROSSING, A TRANSFORMATIVE NEW MIXED-USE DEVELOPMENT AT THE I-170 AND OLIVE BLVD INTERCHANGE IN OLIVETTE, MO.
Visit Doc Center
9150 OLIVE CROSSING | OLIVETTE, MO 63132
Visit Doc Center
Contact Us
BACK TO TOP
INVESTMENT SALES
MORTGAGE BANKING
ST. LOUIS OFFICE
101 S. Hanley Road, Suite 550 St. Louis, MO 63105
KEVIN KOZMINSKE
Senior Managing Director 314.984.5514 kevin.kozminske@berkadia.com
PAT GARLICH
Director
314.984.5536 pat.garlich@berkadia.com
ANDREA KENDRICK
Managing Director 314.984.5591 andrea.kendrick@berkadia.com
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2025 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.
9150 OLIVE CROSSING | OLIVETTE, MO 63132
Photo Gallery
The Asset
The Clover at Olive Crossing is an award winning, best-in-class apartment residence boasting a convergence of elegance and bravado. A signature development by Keeley Properties and KEAT Properties, The Clover offers what other newly built multifamily communities do not - a highly curated apartment residence with a blend of authenticity and timelessness designed to elevate luxury living in the heart of St. Louis’ central corridor.
The Clover is located at one of St. Louis’ most premier and coveted corner spaces that has been targeted by developers for decades. The recent redevelopment of this critical corner fronting Olive and I-170, a mile from Downtown Clayton, Olive Crossing has completely transformed one of the best located and connected areas in the St. Louis MSA. In this dynamic 14.8-acre mixed-use center will be a newly constructed Aldi grocer, Courtyard by Marriott hotel, built-to-suit class A office, and 10,500+ SF of inline retail featuring St. Louis’ first Paris Baguette and Brass Tap locations. The development boasts distinctive architecture and courtyard amenities with seating, water features, greenery, and artwork showcased throughout. The Clover is in the center of it all. The highly anticipated Market at Olive development which includes major retailers such as Target, Costco and Dierbergs is located 0.2 miles (5-minute walk) from The Clover further enhancing its premier location.
Situated just one exit north of Downtown Clayton, The Clover further benefits from its proximity to the most sought-after office and rental submarkets in the St. Louis MSA. Centrally located and the County Seat of St. Louis, Clayton is St. Louis’ most desired office submarket with 5 Fortune 500/1000 Companies, 12 million sf of office space, 1 million sf of retail space, and multifamily properties with rents averaging $3.50+ per square foot. One of the key highlights of The Clover is its location within the highly regarded Ladue School District, a nationally ranked AAA school district. As one of only two new multifamily properties built within the past seven years in the Ladue School District, The Clover presents a unique opportunity for residents seeking centrally located luxury living without the Clayton price tag, complemented by dining options steps away, over 1 million square feet of national retailers, nationally ranked education, the Centennial Greenway, and St. Louis’ most desired employment hub.
It is critical for investor groups to acknowledge the persistent and continuous pioneering efforts over the past 20+ years by Keeley Properties and Keat Properties to gain full control of this formerly underutilized ~15-acre corner that had significant potential to serve as a catalyst for further economic development in the immediate area. The efforts of Keat Properties and Keeley Properties are truly remarkable in completely transforming one of the best located and connected areas in the St. Louis MSA. The exceptionally high quality of construction and craftsmanship at The Clover certainly attests to the importance of the newly revitalized I-170 & Olive interchange.
Superior craftsmanship, high-quality finishes, and timeless architectural design elevates. The Clover into a remarkable and sophisticated asset not often seen in newly built multifamily developments. Consisting of 181 apartment homes offering one, two, and three bed units, the Clover was developed with premium finishes and designer elements that create upscale inspired living spaces in the heart of Olivette and is currently 90% leased, achieving a remarkable lease-up with rents exceeding the developer’s aggressive projections. Floorplans are spacious and provide exceptional storage with walkin. Kitchens all feature stainless-steel appliances, tile backsplash, pantries, and large islands. Luxury, resort quality amenities provide many endless opportunities for enjoyment.
The Clover recently was named a 2024 Best of Year Finalist by Interior Design Magazine. The Best Year is leading the global design awards program, recognizing the most groundbreaking projects and products in architecture, interior design, and manufacturing. These awards stand as the definitive hallmark of excellence, celebrating the greatest design achievements of today while setting the stage for the next wave of brilliance. The competing finalists were multifamily developments located in New York and Tokyo. The Clover was ranked #2, just behind a development in Tokyo that was the overall winner. This is a HUGE accomplishment and a testament not only to The Clover, but the St. Louis MSA. Looking ahead, The Clover is well-positioned to take advantage of the blistering growth in Olivette. It is a timeless trophy asset that will appreciate for decades to come as Olivette continues to transform one of the best located and connected areas in the St. Louis MSA.
Contact
Photo Gallery
Property Overview
The Opportunity
Doc Center
Privacy
Terms of Use
CoStar Impact Award Winner for Multifamily Development of the Year.
Superior construction, quality finishes, and timeless architectural design.
Excellent operational upside opportunity as concessions burn off and rents continue to increase, exceeding developer projections.
Located one exit north of Downtown Clayton, which is St. Louis’ most desired office submarket with 5 Fortune 500/1000 Companies, 12 million SF of office space and 1 million SF of retail space
~$1 billion of multifamily, office, retail, hotel development under construction or recently completed within 1.5 mile radius of The Clover
Spacious floor plans featuring open kitchens, large dining areas, ample closet space, and patio / balcony.
Unique and luxurious amenities including an oversized pool & pool deck, outstanding clubhouse, amenities, and finishes.
Located within the highly regarded Ladue School District, the #1 school district in Missouri and #6 in the U.S.
Part of Olive Crossing, a new mixed-use development at the I-170 and Olive Blvd interchange in Olivette, MO. This prime location is currently undergoing a long awaited, remarkable transformation, making it one of the most desirable areas to live & work in St. Louis.
Market at Olive is $211 million brand new mixed-use development containing over 1M SF of desirable retail: Target, a future grocery store, Costco, Chick-fil-A, Canes, Chipotle, First Watch, etc.
Can be delivered free and clear with new debt.
Brand New, Luxury, Apartment Community in a Premier Central Corridor Near the Downtown Clayton Business District
Part of Olive Crossing, a brand new 14.8- acre Mixed-Use Development currently comprised of The Clover, ALDI, St. Louis’ first Paris Baguette, and soon to be joined by 180,000 square feet of Class A office space, a 130-Room Marriott Courtyard, and a total of 30,000 square feet of retail space
Boutique Hotel-Style Pool and Spa with Sundeck, Poolside Pergola Covered Grilling Station and Seating Area, and Outdoor TV
Spacious Club Room with TV Lounge, Entertaining Kitchen, and Billiards
Media, Gaming, and Mezzanine Lounges
State-of-the-Art, Indoor Fitness Center with Cardio and Weightlifting Equipment and Free Weights, and Outdoor Fitness Studio with TRX
Individual and Collaborative Workspaces
Wi-Fi in Common Areas
Zen Courtyard with Picnic and Flattop Grilling Station, Fire Pit, and Game Lawn
Pet Spa and Two, Fenced Dog Parks - One for Small Dogs and One for Large Dogs
Stunning Lobby with Plush Furnishings, Chandeliers, Co-Working Spaces, Coffee Bar, and Elevators
Convenient, On-Site Sundries Market
Mail Room and Package Concierge
On-Site Management Office
Restaurant spaces offer accessible and attractive outdoor dining, high ceilings with extended glass frontage, and ample easy parking
The development boasts distinctive architecture and courtyard amenities with seating, water features, greenery, and artwork showcased throughout
Convenient Trash and Recycling on Each Floor
Bike Racks and Premium Bike Storage Options
Attached Access, Controlled Parking Garage with Electric Car Charging Stations
Controlled Access Building and Units through LATCH Technology
Beautifully Landscaped with Manicured Grass, Young Trees, Rock Beds, and Colorful Flower-Filled Planters
On the Metro Transit Bus Line with Stops Near the Property
Within Walking Distance to the Centennial Greenway and Villa Park with Playground, Picnic Area, Pavilions, and Multi-Use Fields
Near the New University City Costco, Lakes, Golf Courses, Schools, Stores, Restaurants, and Entertainment Options
Convenient Access to Interstate 170, State Route 340, Downtown Clayton, MetroLink Stations, St. Louis Lambert International Airport, Washington University
COMMUNITY
14 Unique, Spacious, and Open Floor Plans with Light and Dark Kitchen Options
Beautifully Appointed with High-End Finishes Including, GE Energy-Star Stainless Steel Appliances, Luxury Plank Flooring, Quartz Countertops, Matte Black Fixtures, Premium Soft Close Cabinetry, Under Cabinet Lighting, Kitchen Backsplash, Mecho® High-Performance Solar Shades, and Modern Lighting
Contemporary Kitchen with Electric Stove, Smooth Cook-Top Range, French Door Refrigerator with Freezer Drawer, Ultra-Quiet Dishwasher, Built-In Microwave, Undermount Farmhouse Sink with Gooseneck Pull-Out Faucet, and Plenty of Cabinet and Counter Space
Spa-Like Bathrooms with Glass Doors and Floorto- Ceiling Porcelain Tile in Shower / Tub
Nine-Foot Minimum Ceilings, Stunning Multi- Function Italian Windows and Glass Doors, and Generous Closet Space
Full-Size, GE Energy-Star Washer and Dryer
Select Units Feature Center Island with Overhand for Additional Seating / Breakfast Bar, Private Patio / Balcony with Glass Panel Door, and Vast Walk-In Closets
Air Conditioning / Heating with Smart Thermostat and High-Speed Internet Access
UNIT
Amenities
Impact Award Winner for Multifamily Development of the Year in St. Louis
Mid-Rise
1.25 miles north of Downtown Clayton and 12 miles NW of Downtown St. Louis
On Olive Blvd / SR 340 between N Price Rd and Interstate 170 / Belt Expressway
2023 (Opened to residents in August 2023)
1
5
Brick and Siding
1.85 Acres
Flat Roofs
STYLE
DISTANCE FROM DOWNTOWN
LOCATION
YEAR BUILT
# OF TOTAL BUILDINGS
# OF STORIES
EXTERIOR BUILDING MATERIALS
ROOF TYPE
ACRES OF LAND
Yes
PETS ALLOWED
Inter Belt Expwy / Interstate 170 and Olive Blvd / State Route 340
MAJOR STREET EXPOSURE
LJC and designers at HOK
ARCHITECTS
Keeley Construction
BUILDING GROUP
Unit Mix
181
# OF TOTAL UNITS
A+
CLASS
DEVELOPMENT AND PROPERTY
DEVELOPMENT AND PROPERTY MANAGEMENT TEAM
UNITS
4 85 30 1 5 4 4 1 4 20 4 5 4 10 181
STUDIO 1 BED / 1 BATH 1 BED / 1 BATH 1 BED / 1 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 3 BED / 2 BATH 3 BED / 2 BATH 902
719 740 744 953 1,085 1,093 1,095 1,120 1,152 1,153 1,181 1,425 1,375 1,394 902
2,876 62,900 22,315 953 5,425 4,372 4,380 1,120 4,608 23,060 4,724 7,125 5,500 13,940 163,298
$1,794 $1,848 $1,856 $2,425 $2,555 $2,550 $2,531 $2,550 $2,631 $2,636 $2,575 $3,425 $3,506 $3,395 $2,191
$7,175 $157,050 $55,675 $2,425 $12,775 $10,200 $10,125 $2,550 $10,525 $52,775 $10,175 $17,125 $14,025 $33,950 $396,550
86,100 1,884,600 668,100 29,100 153,300 122,400 121,500 30,600 126,300 633,300 122,100 205,500 168,300 407,400 4,758,600
Property Overview
2.49 2.50 2.49 2.54 2.35 2.33 2.31 2.28 2.28 2.29 2.15 2.40 2.55 2.44 2.43
1,788 1,852 1,857 2,400 2,555 2,550 2,531 2,550 2,675 2,635 2,638 3,408 3,506 3,397 2,195
7,150 157,459 55,707 2,400 12,775 10,200 10,125 2,550 10,700 52,700 10,550 17,042 14,025 33,969 397,351
85,800 1,889,508 668,483 28,800 153,300 122,400 121,500 30,600 128,400 632,400 126,600 204,500 168,300 407,625 4,768,216
2.49 2.50 2.50 2.52 2.35 2.33 2.31 2.28 2.32 2.29 2.23 2.39 2.55 2.44 2.43
TYPE
UNIT SF
TOTAL SF
MARKET RENT PER UNIT
MONTHLY MARKET PER UNIT
ANNUAL MARKET RENT PER UNIT
MARKET RENT/SF
IN-PLACE RENT PER UNIT
MONTHLY IN-PLACE RENT
ANNUAL IN-PLACE RENT
IN-PLACE RENT/SF
Location
Costar impact award winner for multifamily development of the year
'Located within the Ladue School District, the #1 ranked school district in Missouri and #6 in US'
Visit Doc Center
Visit Doc Center
KEN ASTON
Managing Director 314.984.5590 ken.aston@berkadia.com
CORTNEY MAULDIN
Managing Director
314.322.3463 cortney.mauldin@berkadia.com
Property Overview
A+
181
Midrise
1.25 miles north of Downtown Clayton and 12 miles NW of Downtown St. Louis
On Olive Blvd / SR 340 between N Price Rd and Interstate 170 / Belt Expressway
2023 (Opened to residents in August 2023)
1
5
Masonry, Hardie, and Nichiha siding
289
Flat Roof Consists of TPO Roofing Membrane with Tapered Insulation (min R-8) Sloping to External Scuppers and Downspouts
1.85 Acres
Yes
Interstate 170 and Olive Blvd / State Route 340
LJC and interior designers at HOK
Keeley Construction
Keeley Properties and KEAT Properties
CLASS
# OF TOTAL UNITS
STYLE
DISTANCE FROM DOWNTOWN
LOCATION
YEAR BUILT
# OF TOTAL BUILDINGS
# OF STORIES
EXTERIOR BUILDING MATERIALS
# OF PARKING SPACES
(Secure Garage)
ROOF TYPE
ACRES OF LAND
PETS ALLOWED
MAJOR STREET EXPOSURE
ARCHITECTS
BUILDING GROUP
DEVELOPMENT AND PROPERTY MANAGEMENT TEAM
The Opportunity
Property Overview
Photo Gallery
Document Center
Terms of Use
Privacy
Contact Us
2024 Best of Year Finalist by Interior Design Magazine. The Clover was ranked #2, just behind a development in Tokyo that was the overall winner.
Sustainable hospitality leadership in design competition & awards - finalist
UNITS
TYPE
UNIT SF
TOTAL SF
4 85 30 1 5 4 4 1 4 20 4 5 4 10 181
STUDIO 1 BED / 1 BATH 1 BED / 1 BATH 1 BED / 1 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 2 BED / 2 BATH 3 BED / 2 BATH 3 BED / 2 BATH 902
719 740 744 953 1,085 1,093 1,095 1,120 1,152 1,153 1,181 1,425 1,375 1,394 902
2,876 62,900 22,315 953 5,425 4,372 4,380 1,120 4,608 23,060 4,724 7,125 5,500 13,940 163,298