- 252,378 square foot office building in St. Louis, MO.
- Acquired in November 2013 at 83% occupancy.
- Business plan to increase occupancy with aggressive leasing and tenant retention, and implementing capital. improvements to establish the property as one of the premier class “A” office campuses in St. Louis.
- Assumed a non-recourse, long-term fixed rate senior loan with prepayment flexibility.
- Completed $2.5m in renovations including fitness center, conference center, and outdoor amenity additions.
- Sold the property in August 2021 at 99% occupancy.