CLAYTON, MO—Office users in the past few years have expanded quite a bit throughout much of the St. Louis metro area, and landlords in suburban Clayton, a submarket which rivals the St. Louis CBD in size, have gotten their share of new tenants.
KBS Real Estate Investment Trust II, a non-traded real estate investment trust based in Newport Beach, CA, recently signed 62,729 total square feet in leases at its Pierre Laclede Center. The Saint Louis Club, a private business and dining club, renewed a 47,572 square-foot lease, while St. Louis Economic Development Partnership, the economic development organization that serves the metro area, signed a new lease of 15,190 square feet.
The center consists of two buildings with a total of 579,846 rentable square feet on 5.1-acres on the northwest corner of the intersection between Hanley Rd. and Forsyth Blvd.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
