Office Space Community

Project Summary

Collaborating closely with the City of Creve Coeur, local artist Grace McCammond, and our expert partners in design and construction, we created vibrant, collaborative interior spaces while bringing the new, bright aesthetic outside for the entire community to enjoy.

The Problem

When acquired by Bamboo Equity Partners in 2018, this office property on North New Ballas Road was outdated and thus overlooked by many occupiers in the market. At closing, occupancy stood at a stagnant 72%, and rents were well below what comparable assets were commanding. Despite its prime location along a bustling thoroughfare, the property’s outdated and unappealing aesthetics were a hindrance to its performance. These are just the type of investment Bamboo seeks to make. Where others saw a conventional office environment with little potential, we had a vision for its bright atrium lobby and workspaces.

The Solution

Bringing new life to the property

With a goal of creating a premier office for younger
generations to thrive and work, as well as providing value
to our investors, we used a strategic, value-add approach
to elevate the look and feel of the space and attract new
tenants. Our strategic capital improvements elevated both
rents and occupancy dramatically over the four-year hold
period.