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News release

ST. LOUIS, MO

142,800 SF Industrial Building Sold in St. Louis

JLL Represents Landlord in Sale of 10360 Lake Bluff Dr


ST. LOUIS, MO.; SEPTEMBER 18, 2014 — Welsh Green Park, LLC has sold a 142,800-square-foot modern bulk warehouse building at 10360 Lake Bluff Dr. in St. Louis.

JLL’s Terry Stieve, managing director of industrial services; John Huguenard, Americas head of Industrial Capital Markets; and Katie Haywood, senior associate; represented Welsh Green Park in the transaction. The building was sold to a user who will occupy the entire building. 

The warehouse, built in 2007, is located on a 13.38-acre parcel and is well-suited for light assembly and distribution. It includes 28-foot clear ceiling heights, 36 trailer drops, and parking for 104 cars, with room for expansion.

The property is located in Green Park Commerce Center, which features direct access to I-55, I-270 and I-255.
Financial terms were not disclosed.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.