10101 Woodfield

St. Louis, MO

Property Type

Investment Type

Investment Date

October 2014

Status

Realized

Tryperion acquired the 83,000 SF office building at 74% occupancy with a 10-year lease in place from a healthcare tenant (AA- credit rating) that included a “must-take” provision for the remaining vacancy within 3 years.

Investment Highlights

  • Improved management procedures to reduce operating expenses
  • Negotiated an early exercise of the anchor tenant “must-take” and sold in 2017 at 100% occupancy
10101 Woodfield