CBRE arranged the $6 million sale of a 65,900-square-foot industrial property at 2340 59th St. in St. Louis, Missouri.
CBRE’s Kevin Foley, Austin Wolitarsky, Anthony DeLorenzo and Brian Bush represented the seller, MacHom Com St. Louis LLC, in the transaction.
The property is located in the South County submarket of St. Louis and is fully leased to a global telecommunications company. Built in 1962, the property has been home to the telecommunications company since 1990 and features 15 dock doors, 18’ clear height and secure, gated entry points.
Located near Interstate-44 (I-44), the building offers convenient access to a robust interstate network, including I-55, I-64, I-70 and I-170, enabling the current tenant to service a five-state region efficiently.