While this year's baseball season appears to be in jeopardy due to stalled labor negotiations, transaction activity around the St. Louis Cardinals stadium—and apparently elsewhere—is playing ball.
Arch Street Capital Advisors and Orion Office REIT announced the formation and continuation of a programmatic venture focused on the acquisition of long-term leased, single-tenant office assets.
The partnership recently acquired 700 Market Street, a 127,468 square foot, state-of-the art office property located in the central business district of St. Louis near Busch Stadium.
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