CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces, today announced the CoStar Power Broker Quarterly Deals winners for the first quarter of 2022. Joel Meyer of Inelica CRE came out on top in the list of winners in the St. Louis market. The CoStar Power Brokers Quarterly Deals winners are determined by the top deals executed every quarter, based on price and square footage.
Joel Meyer of Intelica CRE represented Bamboo Equity Partners in the sale of 425 N New Ballas Road in Creve Coeur, MO. Ballas Place is a 78,252 SF office building with significant improvements made to the property in 2019. The property’s rental rates grew from $16.70 per square foot to $22.05 per square foot under Bamboo’s ownership. Joel was also a catalyst in stabilizing the asset in leasing by increasing the occupancy from 67% to 97%. The Marcus Organization of New York purchased the building in February 2022.
Please help us congratulate Joel Meyer on his CoStar Power Broker Quarterly Deals win for the first quarter of 2022 in St. Louis.
For more information, visit https://www.costarpowerbrokers.com/quarterly-deals/.
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About Intelica CRE
Our modern-day, full-service business model offers unparalleled access to marketing, brand consulting, management and performance improvement services. By understanding our clients’ industries, we help enhance the performance of their real estate assets and set new standards of excellence.
At Intelica CRETM, attention to client needs is our top priority. Our three principals, along with a seasoned staff, are intimately involved in each transaction. Intelica CRETM is often brought into the early stages of clients’ strategic planning to provide fresh perspectives and breakthrough business insights. Our client-driven business model emphasizes personalized service and confidentiality, which we achieve by only taking on a limited number of assignments.
For more information, visit intelicacre.com.
About CoStar Group, Inc.
CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality sector. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Realla is the UK’s most comprehensive commercial property digital marketplace. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. CoStar Group’s websites attract tens of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe, Canada and Asia with a staff of approximately 4,900 worldwide, including the industry’s largest professional research organization.