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City Place
Creve Coeur, MO 63141

Acquired

12/29/2005

Location

City Place is located Creve Coeur, MO, one of the premier addresses in the western suburbs of St. Louis. The project benefits from an excellent location at the interchange of Olive Boulevard and I-270 and is within ? mile of I-64, the main east-west highway from St. Louis to the major residential neighborhoods in western St. Louis County.

Description

City Place, which was developed by The Koman Group, is a Class A, 7-building office and retail complex, totaling 874,952 square feet. The properties range in age from 1989-2002, with a majority of space built since 2000. The properties include 721,000 square feet of Class A office space in 4 buildings, a 77,000 square feet Class B office building and 76,000 square feet of retail and mixed-use space. Structured and surface parking hold 3,783 vehicles for a 3.2/1000 ratio. The project is predominately Class A and represents the highest quality office product in the marketplace, incorporating high end finishes (granite, polished slate, mahogany, brushed steel, etc.), an extensive amenity package including: a high end caf?, upscale fitness center, conference center with auditoriums, on-site retail and restaurants, reserved covered parking and outdoor patios overlooking a large and attractively landscaped pond.

Investment Rationale

Historically experienced tenant retention above 80%.
Excellent amenity package in a unique mixed-use urban feeling environment.
Proven location in St. Louis`s most desirable suburbs.
Strong, experienced, entrepreneurial partner who has consistently outperformed the market.



Fund Ownership

Fund VI

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF