SparrowHawk And Almanac Realty Investors Acquire Distribution Center In Saint Peters For $28.5M

Premier 370 DC II, located at 7001 Premier Blvd in Saint Peters, MO, is a distribution center that encompasses 366,900 square feet. The property was sold for $28,500,000, translating to approximately $78 per square foot. It is fully leased to Reaction Auto Parts and Crown Packaging.

Summary of transaction details:

• Property Type: Distribution Center
• Transaction Amount: $28,500,000
• Square Footage: 366,900
• Address: 7001 Premier Blvd
• Market: Saint Peters, MO
• Buyer: SparrowHawk & Almanac Realty Investors

SparrowHawk, in a joint venture with Almanac Realty Investors, facilitated the purchase of this property, highlighting their active role in the transaction and commitment to acquiring significant assets in the logistics sector.