ST. LOUIS—KP Development has just signed leases with two more tenants who will occupy a total of 150,000 square feet across two buildings at the new Fenton Logistics Park, which the company has begun building on the site of the former Chrysler assembly plant in suburban Fenton. Starting in January, BJC's Clinical Asset Management Division will move into 80,000 square feet in the 160,00-square-foot Building I, which KP completed in May. And CoreLink, which designs and manufactures precision surgical instruments and implants, will occupy 67,000 square feet in Building II when KP completes that 160,00-square-foot structure next summer.

The latest signings come on the heels of two significant leases executed earlier this fall with Alkem Labs and Beckwood Press Co. Alkem, a Mumbai-based pharmaceutical company, is currently moving into more than 32,000 square feet in Building I. Beckwood, a Fenton-based manufacturer of specialty machinery, has signed a lease to occupy almost 56,000 square feet in Building II.

“Since we completed the site infrastructure on the east side of the site and erected Building I, the velocity of deals and companies looking at Fenton Logistics Park has increased dramatically,” says Scott Haley, KP's managing director. “Nearly 400 quality, skilled jobs are attributable to these tenants, and we are confident they are the first wave of vibrant companies who will choose to put down roots within this development.”