Becknell Industrial announced today that it has acquired a single tenant industrial building totaling 109,615 square feet in the Earth City submarket of St. Louis, Missouri. Located in the Earth City Business Park, the property has excellent access to Interstates 70 and 270 which provides convenient access to the entire St. Louis MSA.
Built in 1987, the property is situated on 8.4 acres and features 24’ clear height, 10 loading docks and 2 drive-in doors. The property is fully leased to Automation Services, a global leader in high-quality remanufactured process controls that is known industry-wide for outstanding quality, on-time deliveries and exceptional service and support.
Paul Hilton and Michael Hanrahan of DTZ represented the seller.
“Located in the premier submarket of St. Louis, this acquisition offered Becknell the opportunity to strengthen its presence in the market where it now owns more than 500,000 square feet,” said Pete Anderson, Becknell’s Executive Vice President Investments.