Successful closing: Bamboo closes on sale of Chesterfield office building
Bamboo Equity Partners, a leading private real estate investment firm of office and industrial properties based in St. Louis, has announced the sale of 15455 Conway Road in Chesterfield, MO. The multi-tenant office property is 98% leased to notable tenants such as Solid Gold Pet, Resolutions Title, Inc. and Broda USA, Inc.
Located in the Chesterfield office submarket, Conway Business Center has highway visibility from highly trafficked Interstate 64/40, one of the major arteries of the city.
The 48,000 SF property sold to a local buyer for $7.5 million. "It is with mixed feelings we sold one of our trophy assets. We took this once tired property and transformed it into a modern and functional space that appeals to today’s sophisticated office user. This has been one of our most challenging and now rewarding projects," explains Alice Benner, Principal and Managing Director.
Intelica CRE's Gary Parker represented the seller, 15455 Conway LLC, in this transaction. Intelica leased and managed the property while under Bamboo Equity Partners' ownership.
Bamboo continues to actively seek investment opportunities throughout the Midwest. For more information on Bamboo Equity Partners and investing with us, please visit bambooequity.com.
View the St. Louis Business Journal's article here.