DESCO stands for Don and Ed Schnuck Company, honoring the entrepreneurial brothers who built the Schnuck Markets grocery chain into one of St. Louis’ largest privately held companies. Founded in 1993 and led by CEO Mark Schnuck, DESCO provides comprehensive development, construction management, investment management, property management and brokerage services and also brings its experience and expertise to a variety of project types in more than a dozen Central, Mid-South, Southwest and Southeast states. Our experience with innovative, complex and challenging projects such as University Commons, Ladue Crossing and the Old Post Office in downtown St. Louis, allows DESCO to tackle opportunities that are often overlooked by others.
DESCO’s development activities have touched many sectors of the real estate market, including historic landmark renovations, regional shopping centers, medical office space, office parks and urban/suburban renewal projects. With a portfolio of more than 6 million square feet of buildings and $700 million in value currently under management, DESCO currently has over two million square feet under development, with projected development costs totaling over $200 million.
Driving an area’s economic engine with innovative developments is one of DESCO’s specialties. By understanding the impact of a creative approach to real estate development, DESCO applies vision and perspective to real estate solutions. This creativity has proven successful in reaching strategic objectives and maximizing financial returns.
Other DESCO Companies
NAI DESCO Commercial
DESCO Commercial was born in 2000 as a vehicle to engage DESCO in third-party brokerage of office, industrial, retail and investment properties. Soon after inception, DESCO Commercial was accepted into the worldwide New America International, Inc, (NAI) network. This membership gives NAI DESCO access to members and service providers in over 230 offices in the United States and several key areas of the world. NAI DESCO currently has 25 brokers providing comprehensive commercial real estate services. To learn more, visit www.naidesco.com