STREAM Capital Parnters recently arranged the $1.75 million sale of a Bank of America ground lease in Florissant, Missouri.
The 5,100-square-foot property near downtown St. Louis is located at 109 E. Highway 50. The lease has 10 years remaining and periodic rent increases.
STREAM Capital Partners received five full asking-price offers within one week of marketing the property. Phil DiGennaro, Jordan Shtulman and Jonathan Wolfe of STREAM Capital Partners represented the seller.