Westline Corporate Center, 11840 – 11872 Westline Industrial Drive, Maryland Heights, MO
MARYLAND HEIGHTS, MO—SARA Investment Real Estate acquired the Westline Corporate Center, 11840 – 11872 Westline Industrial Drive, Maryland Heights, MO.
“We are excited to make our second acquisition this year in Maryland Heights, further expanding our presence to nine properties in the greater St. Louis commercial real estate market,” says Jared Stinehagen, vice president of operations at SARA Investment Real Estate.
The development includes three buildings and 121,423 square feet on more than 10 acres in the Wesport submarket of Maryland Heights. Centrally located to the overall market, the buildings house six tenants.
“This property offers another unique opportunity for our investment partners to acquire a commercial real estate property in a sub-market we believe is well positioned for future growth,” says Christina Ballweg, vice president of investor relations.
SARA Investment Real Estate acquires, develops, leases, finances and manages high-quality properties throughout the Midwest. The firm provides commercial real estate asset management solutions to select investors through a network of wealth management partners. Founded in 1997, SARA manages properties valued at more than $260 million.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
