Pierre Laclede Center I & II

7701 & 7733 Forsyth, Clayton, MO 63105

Property Overview

Pierre Laclede Center (“PLC”) is a 579,846-square-foot, two-building office complex located in the highly desirable St. Louis submarket of Clayton. PLC I was built in 1964 and contains 217,957 square feet on 16 floors. PLC II was built in 1970 and contains 361,889 square feet on 24 floors. The property is situated on a 5.1-acre site on the northwest corner of the prominent intersection of Hanley Road and Forsyth Boulevard.

Since 2006, current ownership has completed approximately $7.6 million in renovations. The property offers tenants superior amenities including a cafeteria, fitness center, conference center, garage parking, car wash, two full-service banks and the St. Louis Club (the premiere business club in the St. Louis metro area). The property is located adjacent to the city of Clayton City Hall, Post Office and Fire House and is within walking distance of the St. Louis County Courthouse/Government Center.

Investment at a Glance

Location: Clayton, MO

Property Type: Office

Acquisition Date: February 4, 2010

Purchase Price: $74,250,000

No. of Buildings: 2

No. of Stories: 16 & 24

Square Footage: 579,846 SF

Year Built: 1964 & 1970

Leased Percentage (at the time of Acquisition): 94.9%

$74,250,000 Total Purchase Price
579,846 square feet Total Rentable Area
Class B Building Class