CBRE industrial team closes two challenging transactions in St. Louis market

CBRE industrial team closes two challenging transactions in St. Louis market
April 27, 2017 Jerry Vallely

This story was originally published in RE Journals on April 13, 2017.


By Staff Writer| rejournals.com


“The CBRE St. Louis Industrial team recently completed two difficult assignments. A 300,000-square-foot lease at the Prescott building and a 213,000-square-foot lease for XPO Logistics filled spaces that had long sat on the market.

The nine-year-old Prescott building had never had a long-term lease with a tenant in that 300,000 square foot space, only month-to-month deals. XPO Logistics filled a vacancy at Park 370 that spent over a year on the market. The deals showcased the team’s versatility in tenant and landlord representation in the market.

The industrial broker team of Jon Hinds, Katie Haywood, and Will Mura, which was created last year, represented the tenant, XPO Logistics, in their lease at Park 370 and the landlord, Exeter Property Group, in a lease with Fairfield Processing Corporation at the Prescott Building…”

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