National CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Panattoni Launches Two Spec Builds in St. Louis Metro
Panattoni Development is constructing two new industrial buildings at Aviator Business Park, on the site of the former Ford plant in Hazelwood, MO, near St. Louis. Totaling 640,182 square feet, they’re expected to be ready for occupancy in the summer of 2020.
CBRE’s Katie Haywood and John Frith will be marketing the properties on behalf of Panattoni.
“The size of these speculative buildings speaks to the continued growth and strength of the industrial market in St. Louis,” said Haywood. “The logistical advantages delivered in this market and more specifically within a premier industrial park like Aviator will create interest from a wide breadth of users.”
Aviator Business Park, located a mile north of St. Louis-Lambert International Airport, is served by Norfolk Southern Railroad and provides easy access to interstates 70, 270, 64, and I-170, and key area roads including Lindbergh Boulevard. At present, the park is 90% leased.
For comments, questions or concerns, please contact Paul Bubny
- ◦Development
