{"id":1004281424,"date":"2018-11-23T06:34:43","date_gmt":"2018-11-23T14:34:43","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004281424"},"modified":"2022-12-08T18:36:11","modified_gmt":"2022-12-09T02:36:11","slug":"regional-fbi-office-in-st-louis-trades","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/regional-fbi-office-in-st-louis-trades\/","title":{"rendered":"Regional FBI Office in St. Louis Trades"},"content":{"rendered":"<div id=\"attachment_1004281433\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/2222-Market-St..jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004281433\" data-attachment-id=\"1004281433\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/regional-fbi-office-in-st-louis-trades\/2222-market-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/2222-Market-St..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=\"2222 Market St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;2222 Market St.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/2222-Market-St..jpg?w=640\" class=\"wp-image-1004281433 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/2222-Market-St..jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/2222-Market-St..jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/2222-Market-St..jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004281433\" class=\"wp-caption-text\">2222 Market St.<\/p><\/div>\n<p>Marcus &amp; Millichap has completed the sale of the Federal Bureau of Investigation regional office in St. Louis. According to Yardi Matrix data, Tibeiar sold the asset to Gardner Tanenbaum for $21 million, part of the purchasing price being covered via a loan from Centennial Bank.<\/p>\n<p>The 89,564 square-foot, two-story property is located at 2222 Market St., in a <a href=\"https:\/\/www.commercialsearch.com\/news\/navigating-the-new-opportunity-zones\/\">designated opportunity zone<\/a>. Completed in 1998 as a build-to-suit for the FBI, it was expanded by approximately 15,000 square feet 10 years later. It also includes approximately 8,600 square feet of industrial space.<\/p>\n<p>\u201c<em>This sale represents the rising demand we are witnessing for properties leased by the General Services Administration,<\/em>\u201d said Geoff Ficke, first vice president of investments, in prepared remarks.<\/p>\n<p>Ficke represented the buyer in the deal, which marks the 17th government real estate transaction closed this year by his team. Gardner Tanenbaum plans to retain ownership of the property for the next nine years, which coincides with the remainder of the lease.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Developed as a build-to-suit in 1998, the 89,564 square-foot property changed hands for $21 million. The current lease expires in nine years.<\/p>\n","protected":false},"author":242,"featured_media":1004281433,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,13,21742,21747,1611],"tags":[43136,37501,34836],"class_list":["post-1004281424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-midwest","category-latest","category-office","category-st-louis","tag-gardner-tanenbaum-holdings","tag-general-services-administration","tag-marcus-millichap"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Regional FBI Office in St. Louis Trades - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/regional-fbi-office-in-st-louis-trades\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regional FBI Office in St. Louis Trades\" \/>\n<meta property=\"og:description\" content=\"Developed as a build-to-suit in 1998, the 89,564 square-foot property changed hands for $21 million. The current lease expires in nine years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/regional-fbi-office-in-st-louis-trades\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-23T14:34:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:36:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/11\/2222-Market-St..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Roxana Baiceanu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regional-fbi-office-in-st-louis-trades\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regional-fbi-office-in-st-louis-trades\\\/\"},\"author\":{\"name\":\"Roxana Baiceanu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/94dbd38faeeb26b4b597d7fbd793c52a\"},\"headline\":\"Regional FBI Office in St. Louis Trades\",\"datePublished\":\"2018-11-23T14:34:43+00:00\",\"dateModified\":\"2022-12-09T02:36:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regional-fbi-office-in-st-louis-trades\\\/\"},\"wordCount\":177,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/regional-fbi-office-in-st-louis-trades\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/11\\\/2222-Market-St..jpg\",\"keywords\":[\"Gardner Tanenbaum Holdings\",\"General Services Administration\",\"Marcus &amp; 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