Case Study

Corporate Plaza

Office & Medical - Seller and Landlord Representation

Corporate Plaza
14528 S. Outer Forty Drive
Chesterfield, MO 63017

Assignment Overview

  • Renew Mercy lease of 186,929 RSF (89% of building)
  • Maximize renewal term and rental rate while preserving capital

Result

  • Increased renewal term from 12 months to 44 months
  • Increased premises size from 119,418 RSF to 186,929 RSF
  • Achieved a market rate of $22/RSF with a below market TIA of $1.60/RSF