Ford Motor Co. – CB Richard Ellis represented Ford Motor Co. in the sale of the former manufacturing plant at 6250/6050/6080 N. Lindbergh Blvd. in Hazelwood. Timothy Convy and Brian Bush represented the 3.3 million-square-foot plant, which sat on 154 acres. This sale was crucial, as it allowed for redevelopment of an auto manufacturing facility that had been shut down, allowing jobs to be re-created where they had previously been lost. The buyer, Panattoni Development Co., plans to redevelop the property into a mixed-use business park called Aviator Business Park, and CB Richard Ellis will assist in leasing and sale efforts there as well.

Laclede Gas Building – Kevin Bittman, a Senior Vice President at CB Richard Ellis – St. Louis, represented Laclede Tower Associates LLC of New York in the sale of the prominent Laclede Gas Building, a 434,912-square-foot, Class A, office high-rise in downtown St. Louis. The investment sale was completed to Hertz Investment Group of California, which has since retained CBRE and Vice President Jeff Kaiser to handle leasing duties at the building.

Concordia Seminary – CB Richard Ellis represented Concordia Seminary in the sale of its campus at 6501 Clayton Road, an 8.46-acre tract that included 170,000 square feet of buildings. The property was extremely well-known in the St. Louis area as the former Christian Brothers High School campus. As a condition of the offering, Concordia Seminary would only consider all-cash offers, and the property was marketed as a prime development opportunity given its location in the inner-ring of Clayton. CBRE First Vice President George Convy represented Concordia in the sale of the campus to Washington University, which owned adjacent property. The sale was completed less than eight months after the initial listing date.

TA Associates Realty/Gateway Commerce Center – CB Richard Ellis Senior Vice President Kevin Bittman represented TA Western LLC, a Massachusetts-based firm, in the sale of 14 Gateway Commerce Center Drive, a 404,000-square-foot building at Gateway Commerce Center industrial park in Edwardsville, Illinois. The buyer, Newtower Trust Co., working on behalf of Kennedy Associates, purchased the property. Bittman also represented TA Associates in the sale of office buildings in Clayton and Creve Coeur totaling more than 280,000 square feet.

True Manufacturing Co. – CB Richard Ellis represented True Manufacturing Co. in the lease of 402,192 square feet of industrial space at 3501 East Terra Lane to Pinnacle Foods LLC. In addition to CBRE’s representation during the lease, CBRE’s Marc Cacciarelli and Ed Schuttenberg were later selected to market the property for disposition on behalf of the owner, iStar Financial.

AT&T - As part of AT&T’s ongoing real estate monetization and cost reduction program, CBRE was asked by AT&T to execute a sale/leaseback of 909 Chestnut, the 1.2-million-sq.-ft. former SBC headquarters. CBRE’s Global Corporate Services teamed with the Sale/Leaseback Group, Investment Properties Group, and Brokerage. Together they compiled a comprehensive offering memorandum which provided full information on the property, provided a detailed description of the local office market, and outlined summary lease terms for AT&T’s proposed lease. CBRE’s team approached an extensive group of domestic and international buyers in a controlled auction process and generated a large number of offers to complete a $205 million sale/leaseback of the 42-story building, the highest price ever paid for a St. Louis office property. This transaction represents yet another excellent example of CBRE professionals from multiple disciplines working together to execute a timely financial solution for the client.

Express Scripts, Inc.’s 320,000 RSF office building is currently under construction for a new corporate headquarters. CB Richard Ellis’ Tripp Hardin continued his long standing relationship with Express Scripts by providing advisory services to the company in its decision to create a new campus for its corporate headquarters. CBRE added value to this transaction by providing an extensive multi-state site search, coordination and negotiation of incentives, strategic planning and site evaluation, while coordinating a confidential process to mitigate the lease with media, government agency and company workforce.

Vatterott Educational Centers, Inc.’s 90,000 square foot office building represents the very first deal in NorthPark, a new 450 acre mixed-use development in North County. The project entails a 90,000 square foot build-to-suit for Vatterott’s new facility. The transaction required cooperation from St. Louis County and was announced at the initial groundbreaking ceremony.

This site is currently undergoing redevelopment. Tripp Hardin retained by McEagle to market the land and future buildings. They worked closely with Vatterott, who hired Michelson to provide Corporate Advisory Services. This was an equal cooperation between both companies.

DuPont's 38,391 square feet manufacturing building in Maryland Heights sold to Northline Investments in December.  The Seller had contacted the St. Louis CB office in September to close by year-end, which was accomplished with two weeks to spare. Tim Convy and Brian Bush represented the seller in this transaction.

HSA Read's Park 370 Distribution Center I was leased in August to AWI.  This 241,000 square feet transaction completed the leasing of the 344,000 square feet bulk warehouse facility.  In October, CB Richard Ellis sold HSA Read's Park 370 Distribution Center I to Cohen Asset Management. Tim Convy and Brian Bush represented the tenant in this transaction.

NES Rentals - CB Richard Ellis represented NES Rentals in the lease of approximately 66,000 square feet of office/warehouse space at 1300 South 2nd Street in downtown St. Louis.  NES Rentals, specializing in renting specialty and general equipment to industrial and construction end-users, was looking to move from their location in suburban Maryland Heights to a more centralized location providing for better access to their customers on both sides of the Mississippi River. Tim Convy and Brian Bush represented the tenant in this transaction.