JLL marketing for sale office campus in suburban St. Louis, Missouri
The 95-acre campus is ready for immediate occupancy or full redevelopment
CHICAGO, Mar. 14, 2022 – On behalf of Bayer, JLL announced today that it is marketing an office campus totaling more than 546,000 square feet that is ready for immediate occupancy or full redevelopment in Creve Coeur, Missouri.
The property sits on a 95-acre infill site at the southwest corner of Lindbergh Blvd. and Olive Blvd. in Creve Coeur, which is within 15 minutes of both downtown St Louis and Lambert International Airport. Creve Coeur is an affluent community and the surrounding business sector includes life sciences destinations like the Donald Danforth Plant Science Center and technology clusters like the National Geospatial-Intelligence Agency and Dell Technologies.
The site is improved with over 546,000 square feet of modern office space, a newly renovated cafeteria and a data center. Virtually unlimited expansion is possible in as much as current zoning allows more than two million square feet. The beautiful, wooded property offers the opportunity to occupy a move-in-ready, self-contained business campus. Alternatively, redevelopment to mixed-use would complement surrounding land uses.
The seller is represented by JLL’s Chicago-based Capital Markets group led by Managing Directors Tom Kirschbraun and Scott Miller, partnering with local JLL St. Louis colleagues David Steinbach and David Biales.
“We’ve has seen tremendous interest already for the site and have begun property tours,” Kirschraun said. “We will begin accepting offers within the coming weeks and anticipate closing by end of year.”
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment advisory, debt placement, equity placement or a recapitalization. The firm has more than 3,700 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 98,000 as of December 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.