SARA Investment Real Estate, a full-service commercial real estate investment firm, has closed on the purchase of the Westline Corporate Center in Maryland Heights at 11840-11872 Westline Industrial Drive.
“We are excited to make our second acquisition this year in Maryland Heights, further expanding our presence to nine properties in the greater St. Louis Commercial real estate market,” says Jared Stinehagen, vice president of operations at SARA Investment Real Estate.
The development includes three buildings and 121,423 square feet located on more than 10 acres in the Wesport submarket of Maryland Heights. Centrally located to the overall market, the buildings house six tenants.
“This property offers another unique opportunity for our investment partners to acquire a commercial real estate property in a sub-market we believe is well positioned for future growth,” says Christina Ballweg, vice president of investor relations.