A-tech St. Louis Lease
Industrial Tenant Representation Process
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Lease Analysis
Market Survey
Letter of Intent & Recent Lease Transactions
Financial Analysis
Lease Negotiations
Continuous Support
Needs Assesment
The St. Louis Industrial Market shows resiliancy in the face of global challenges
Overall vacancy at a historical low of 3.1% while average asking rental
rates reached a new high of $5.24/SF
St. Louis posted the lowest vacancy among the top Midwestern markets
and ranked 13th in under construction to market size among the most
active industrial markets in the U.S.
Developers including NorthPoint Development, Panattoni, TriStar Development, and Green Street Real Estate Ventures announce major projects across the Metro during the quarter.
St. Louis Industrial Market Update
$90M
cars/year
to
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40%
Tenant:
Size:
lease
commencement
Starting rate:
TI:
Term:
300k
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$7.3K
Average Supply Chain Cost Savings
commodities
900+
rail car types
200+
Customers
700+
Complete Intermodal Service
trinityrail
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Product Features
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3
5,000
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95%
34,000
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#1
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Ut enim ad minim veniam
Menasha Packaging
ASPCA
Fidelitone Logistics
![[url=http://www.istockphoto.com/search/lightbox/18181579]
[IMG]http://s1.zrzut.pl/Ag1lkAv.jpg[/IMG]
[/url]](https://media-s3-us-east-1.ceros.com/newmark-central/images/2022/07/06/0ec9b24fcb3b37c0e004ca8827fec0c6/menasha-stacked.png)
A-tech's current location:
8801 Seeger Industrial Drive
82%
- A tech’s current lease rate: $3.91/SF MG.
- Average lease rate between other two
tenants: $3.50/SF NNN
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- Hazelwood Tradeport 9
- 58,217 SF
- Landlord: Northpoint Development
- Westport Commerce Center
- 34,320 SF
- Landlord: TriStar Development
- Gateway Commerce Center
- 195,000 SF
- Landlord: Washington Capital Management
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50K
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Trucking and Cargo
Presented to: A-tech team
Presented by: Newmark Stl Industrial team
A-tech Suburban's 43,000 SF lease in Berkely, MO is set to expire 1/31/2024. Newmark is positioned to assist A-tech in lease renewal negotiations, a downsize/expansion, or new lease assignment
Shipping Routes:
Hamlet, NC
Cartersville, GA
Winder, GA
Hugo, OK
Shell Rock, IW
Saginaw, TX
Vidor, TX
Fort Worth, TX
Jonesboro, AR
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Interested in Learning More?
Request Information
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customers
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129,000 SF multi-tenant distribution building. Current tenants include Cascades Plastic (subleasing to CJC Transport), Iron Mountain, and A-tech.
Newmark Industrial Team Recent Experience
Leasing Timeline
Jan 23
Week 5
Week 8
Inspection of Alternate Properties & Tours
Submit and Negotiate Renewal L0I
Begin Alternate
Site Study
Simultaneous Property Negotiations
Negotiate Amendment
Construction and Relocation
Year 1
Recent Seeger Industrial Transactions
Tenant:
Size:
lease
commencement
Term:
Iron mountain
43,000 SF
5 years
Tenant:
Size:
lease
commencement
Starting rate:
TI:
Term:
cascades plastics
43,000 SF
$3.50/SF
$0/SF
3 years
- Riverport Trade Center
- 72,376 SF
- Landlord: EQT Exeter
Federal Mogul
![[url=http://www.istockphoto.com/search/lightbox/18181579]
[IMG]http://s1.zrzut.pl/Ag1lkAv.jpg[/IMG]
[/url]](https://media-s3-us-east-1.ceros.com/newmark-central/images/2022/07/14/cff8d0a3cf87b147607028d6508975b8/federal-mogul-logo.jpg)
- Corporate Exchange Drive
- 123,200 SF
- Landlord: Duke Realty
American Tire Distributors
- Gateway Commerce Center
- 105,000 SF
- Landlord: Washington Capital Management
Owens & Minor
Industrial Reports
STL Industrial Report
National Industrial Report
Lease
Review
Needs Assesment
& Lease Review
Feb 23
Mar 23
April 23
May 23
June 23
July 23
Current lease expiration: 1/31/2024
lease
commencement
:
lease
commencement
:
8/1/2020
7/1/2021
nmrkzimmer.com
St. Louis, MO
8235 Forsyth Boulevard, Suite 200
Clayton, MO 63105
314.254.4600
Back to top
Senior Managing Director
314-412-4345
dlesinski@nzimmer.com
Dan Lesinski
Associate
636-278-0565
bspence@nzimmer.com
Billy Spence
Our Team
Industrial Reports
Renewal
Relocation
Negotiate new lease
Current Facility Upgrades
Scroll down
Tenant:
Size:
lease
commencement
Term:
lease
commencement
:
7/1/2021
cascades plastics
43,000 SF
3 years