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Sensient Leases 300K SF with SparrowHawk in St. Louis
SparrowHawk LLC has leased 300,481 square feet of high cube industrial space at 255 Logistics Center in St. Louis to Sensient Technologies Corporation. SparrowHawk was represented in the transaction by JLL, while Cushman & Wakefield’s Matt Eastin represented Sensient, which is taking space currently leased by Medline.
The Sensient transaction is the market’s fifth largest in all of 2021 and the second largest during the second half of the year, according to JLL.
“We are at that point in the cycle where supply and demand are favorable to landlords,” said Alfredo Gutierrez, the founder of SparrowHawk. “While as an owner you never want to have an empty 500,000-square-foot building, we’ve had tremendous confidence that the strength of the market in St. Louis along with the efforts of Patrick Reilly and the JLL leasing team would allow us to secure quality tenants like Sensient.”
- ◦Lease