Stan Johnson Company closes sale of 25,000-square-foot industrial portfolio in St. Louis market May 24, 2021
Stan Johnson Company has completed the sale of a portfolio made up of a 25,107-square-foot industrial facility and adjacent parking lot in a northern suburb of St. Louis.
The industrial building is fully occupied by Carvana Service Center and the parking lot is leased to Amazon Fleet Parking. The portfolio is located at 5651-5701 Phantom Drive in Hazelwood, Missouri.
Stan Johnson Company’s Jonathan Ameen represented the Missouri-based seller. The buyer was an institutional investor based in Georgia. Price and cap rate details were not disclosed.