May 26, 2015 (St. Louis, MO) — Sara Investment Real Estate, LLC, a full-service commercial real estate investment and brokerage company, has closed on the purchase of the 49,996-square-foot building in The Fenton Industrial Park in Fenton.
The multi-tenant building, built in 2007, has office and warehouse use and is located at 1533 Larkin Williams Road. Tenants include BJC Healthcare and SIM Surgical (Surgical Instruments Manufacturing.)
“We are excited to be in the St. Louis market and we look forward to future acquisitions and investments in this region,” said Traci Dalsin, President of Sara Investment Real Estate, headquartered in Madison, Wisconsin. “Fenton is a great location and we like that this relatively new building has a great tenant mix. BJC’s strength in the market as an employer and health care provider is well known.”
Jared Stinehagen, Vice President of Operations – Southern Region for Sara Investment Real Estate and based in St. Louis, said this purchase is just the beginning of the firm’s presence in Missouri. “We are pleased to complete our first purchase in the St. Louis area, and are actively seeking additional investment opportunities.”
About Sara Investment Real Estate, LLC:
With offices in Madison and St. Louis, Sara Investment Real Estate, LLC develops, leases, finances and manages high quality properties throughout the upper and lower Midwest. Sara builds successful partnerships with investors, tenants, financial partners, other developers and employees to complete and manage quality projects. The firm provides commercial real estate wealth management solutions to select investors through a network of wealth management partners. Sara Investment Real Estate was founded in 1997, and owns and operates more than two million square feet in 25 cities valued at more than $200 million.