Bamboo Equity Partners is a boutique commercial real estate investment firm that specializes in under-utilized properties. When Bamboo acquired Craig Park Court out of foreclosure, the building was not well-maintained. A pipe burst in the final days before the acquisition deal was completed, causing extensive damage that further lowered the value of the property. The finishes were outdated and unattractive, which did not bode well for improving the then-44% occupancy rate of the 42,210 square feet property. The asset as acquired simply could not compete with other flexible warehouse/office properties in the crowded Westport/Maryland Heights market, where property value has increased following investments by the local government, as well as the continued presence of global companies like Edward Jones and Worldwide Technology.