Transwestern’s Chicago office today brokered the sale of Corporate Plaza near St. Louis on behalf of Invesco Real Estate.
The 210,409-square-foot five-story office building is located at 14528 S. Outer 40 in Chesterfield, Mo., and was purchased by an affiliate of Westport Capital Partners LLC for an undisclosed price. The property is 98 percent leased overall, with Mercy, a not-for-profit healthcare provider, occupying 89 percent of the building with its headquarters.
“We are thrilled to have completed this acquisition,” said Sean Armstrong, a principal of Westport, in a written statement. “Mercy plays a vital role in providing healthcare to more than 3 million people annually. We look forward to supporting its mission as its landlord.”
Invesco was exclusively represented by Transwestern’s Gary Nussbaum and Thomas Gorman, both managing directors, and David Matheis, senior associate. Balke Brown Transwestern’s rincipal Mike Donovan also represented Invesco. Westport Capital Partners LLC represented itself in the transaction.
