{"id":1004262479,"date":"2018-09-05T02:06:03","date_gmt":"2018-09-05T10:06:03","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004262479"},"modified":"2022-12-08T19:25:32","modified_gmt":"2022-12-09T03:25:32","slug":"harbour-group-inks-24-ksf-office-lease-in-st-louis","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/harbour-group-inks-24-ksf-office-lease-in-st-louis\/","title":{"rendered":"Harbour Group Inks 24 KSF Office Lease in St. Louis"},"content":{"rendered":"<p><em>By Keith Loria, Contributing Editor<\/em><\/p>\n<div id=\"attachment_1004262500\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-II-at-7733-Forsyth-Blvd..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004262500\" data-attachment-id=\"1004262500\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/harbour-group-inks-24-ksf-office-lease-in-st-louis\/pierre-laclede-center-ii-at-7733-forsyth-blvd\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-II-at-7733-Forsyth-Blvd..jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Pierre Laclede Center II at 7733 Forsyth Blvd.\" data-image-description=\"&lt;p&gt;Pierre Laclede Center II at 7733 Forsyth Blvd.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Pierre Laclede Center II at 7733 Forsyth Blvd.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-II-at-7733-Forsyth-Blvd..jpg?w=640\" class=\"wp-image-1004262500 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-II-at-7733-Forsyth-Blvd..jpg\" alt=\"Pierre Laclede Center II at 7733 Forsyth Blvd.\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-II-at-7733-Forsyth-Blvd..jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-II-at-7733-Forsyth-Blvd..jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004262500\" class=\"wp-caption-text\">Pierre Laclede Center II at 7733 Forsyth Blvd.<\/p><\/div>\n<p>KBS Realty Advisors has signed Harbour Group to a 24,000-square-foot lease at Pierre Laclede Center, a two-building, Class A office complex in Clayton, Mo.<\/p>\n<p>The space is part of the KBS Real Estate Investment Trust II investment portfolio.<\/p>\n<p><em>\u201cPierre Laclede Center has proven to be an optimal location for tenants like Harbour Group,\u201d <\/em>Dan Park, KBS\u2019 senior vice president &amp; asset manager for the property, said in a prepared statement.<em> \u201cHarbour Group has been a tenant in the Pierre Laclede Center for over 30 years, and we\u2019re pleased to continue our relationship with them.\u201d<\/em><\/p>\n<div id=\"attachment_1004262503\" style=\"width: 250px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-I-at-7701-Forsyth-Blvd..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004262503\" data-attachment-id=\"1004262503\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/harbour-group-inks-24-ksf-office-lease-in-st-louis\/pierre-laclede-center-i-at-7701-forsyth-blvd\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-I-at-7701-Forsyth-Blvd..jpg\" data-orig-size=\"410,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Pierre Laclede Center I at 7701 Forsyth Blvd.\" data-image-description=\"&lt;p&gt;Pierre Laclede Center I at 7701 Forsyth Blvd.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Pierre Laclede Center I at 7701 Forsyth Blvd.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-I-at-7701-Forsyth-Blvd..jpg?w=410\" class=\"wp-image-1004262503 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-I-at-7701-Forsyth-Blvd..jpg\" alt=\"Pierre Laclede Center I at 7701 Forsyth Blvd.\" width=\"240\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-I-at-7701-Forsyth-Blvd..jpg 410w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/09\/Pierre-Laclede-Center-I-at-7701-Forsyth-Blvd..jpg?resize=240,300 240w\" sizes=\"auto, (max-width: 240px) 100vw, 240px\" \/><\/a><p id=\"caption-attachment-1004262503\" class=\"wp-caption-text\">Pierre Laclede Center I at 7701 Forsyth Blvd.<\/p><\/div>\n<p>In January, KBS REIT II <a href=\"https:\/\/www.commercialsearch.com\/news\/kbs-signs-63-ksf-lease-in-st-louis-area\/\">signed two leases totaling 62,729 square feet<\/a> at the Pierre Laclede Center. The Saint Louis Club, an existing tenant, renewed its lease and will continue to operate its private business and dining club across 47,572 square feet on the top three floors in the smaller of the two buildings. KBS also signed a lease with the St. Louis Economic Development Partnership, which will now occupy 15,190 square feet&nbsp;of office space within the larger of the two buildings.<\/p>\n<p>Situated on 5.1 acres, PLC I and PLC II represent 579,846 square feet of rentable space. The smaller of the two buildings, PLC I offers 217,957 square feet on 16 floors. The larger, 24-story PLC II features 361,889 square feet of space.<\/p>\n<h2><strong>Amenity-rich properties<\/strong><\/h2>\n<p>Amenities at the properties located at 7701 and 7733 Forsyth Blvd. include a fitness center, a conference center, a cafeteria and garage parking. There\u2019s also a car wash on-site.<\/p>\n<p>Originally constructed in 1964 and 1970, the two buildings were renovated extensively in 2014. KBS acquired the complex from Equus Capital Partners in early 2010 for $74.3 million, according to Yardi Matrix. The tenant roster also includes Northwestern Mutual, Morgan Stanley, the Consulate of Sweden and St. Louis Title.<\/p>\n<p>The Pierre Laclede Center is located in a rising area, resting on the corner of Hanley Road and Forsyth Boulevard. Building tenants have strong access to the Inner Belt Expressway and Forest Park Parkway. Public transportation is also nearby.<\/p>\n<p>KBS Realty Advisors and its affiliated companies have a portfolio of more than $38 billion via 16 separate accounts, six commingled funds, five sovereign wealth funds and eight REITs.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The privately owned operating company will occupy the space at Pierre Laclede Center, which is part of the KBS Real Estate Investment Trust II portfolio.<\/p>\n","protected":false},"author":451,"featured_media":1004262500,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,21808,13,21742,21747,1611],"tags":[40874,35334],"class_list":["post-1004262479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-featured","category-midwest","category-latest","category-office","category-st-louis","tag-kbs-real-estate-investment-trust-ii-inc","tag-kbs-realty-advisors"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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