Fulton Realty Capital advised a private client on the acquisition of a single-story, flex-industrial property located in the St. Louis, Missouri MSA. The multi-tenant property was sourced by Fulton's commercial real estate team, who also secured CMBS financing and led all negotiations.
The 50,000 SF property is situated in an in-fill location and is accessible via multiple major highways and thoroughfares. The space features versatile layouts with direct access to each of the suites.
Tenants include a mix of national, regional, and local companies positioned across multiple industries. The property was priced below replacement cost and was 100% occupied at the time of closing.
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