Office Space Modernized

Address

10777 Sunset Office Drive, St. Louis, MO 63127

Site Size

51,709 SF

Project Type

Office

Download PDF
Share:

Project Summary

With a strategic focus on harnessing the untapped potential of the South County office submarket, Bamboo Equity Partners deployed a complete redevelopment strategy to attract tenants in a densely populated area. They aimed to elevate the space by modernizing the interior and exterior with aesthetic finishes and a full reinstallation of HVAC systems.

Capital Improvements

Common area updates

Modernized facade

Innovative tenant features

HVAC renovation

Interior sprinkler, signage, and elevator upgrades

The Problem

The South County submarket’s lack of demand for office product dissuaded other investors from pursuing this investment.
Additionally, the unforeseen office outlook and rising construction costs due to COVID-19 after acquisition, made capital
gain realization quite challenging.

However, Bamboo Equity Partners™ identified the potential for growth in the Sunset Hills region and immediately
capitalized on this advantageous location. Coupled with our proven tenant acquisition expertise, we were able retain
strong occupancy levels despite the challenges faced by the dwindling office market.


10777 Sunset Office Drive, St. Louis, MO 63127

The Solution

Bringing New Life to the Property

With a focus on enhancing the property through our targeted value-add initiatives, Bamboo Equity Partners undertook a comprehensive renovation of the building, aligning its features with the evolving preferences of contemporary tenants. The renovation efforts allowed Bamboo to give our investors their money back amidst an unprecedently struggling office market.

Before

After

92.4%

Occupancy at Acquisition

85.6%

Occupancy at Disposition