February 13, 2018 (St. Louis, MO) – SARA Investment Real Estate, a full-service commercial real estate investment and brokerage firm, has closed on the purchase of The Meadows, two multi-tenant buildings in the Westport/Maryland area of St. Louis. The purchase includes 69,498 square feet of office/warehouse space at 1835-1875 Lackland Hill Parkway and 11336-11364 Lackland Road, Maryland Heights.
The Meadows is SARA’s sixth commercial property acquisition and seventh and eighth buildings in the St. Louis market. SARA has been actively seeking attractive commercial investment opportunities in the market since 2015.
“The Meadows is a stabilized investment within a market which affords future growth opportunities,” said Jared Stinehagen, SARA’s Vice President of Operations. “We continue to seek investment opportunities in the attractive St. Louis market which benefits from steady economic growth and a robust commercial real estate market.”
About SARA Investment Real Estate
With offices in Madison, Milwaukee, Minneapolis and St. Louis, SARA Investment Real Estate attains, develops, leases, finances and manages high-quality properties throughout the 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, founded in 1997, manages properties valued at more than $350 million.