True North Construction Purchases Office/Warehouse Building at 1558 Fenpark Dr.
Former location of Kadean Construction, brokered by Will Aschinger, the second deal in three years.
St. Louis (February 09 , 2023) – True North Construction, recently purchased a 10,000-square-foot stand-alone office/warehouse building located at 1554 Fenpark Dr., Fenton, MO, 63026, for an undisclosed price. The owner of the property was Kadean Construction, and the location is Class A-space in the heart of Fenton Industrial Park. Will Aschinger, Hilliker Corporation Vice President and Principal, represented Pete Joyce, of True North Construction, in a deal that closed January 3, 2023.
Three years ago, Aschinger helped Joyce lease 4200-square-feet in Fenton. With True North Construction anticipating doubling in size, Aschinger started looking for Class-A space to help the company move and expand. According to Joyce, he was looking for a centrally-located headquarters location to allow the company to grow from 15 to over 100 employees, and they beat out 3 other bidders for the property.
“We knew what type of commercial property we were looking for, so we reached out to Will because he is well-connected in the St. Louis area and he has helped us in the past. The competition for this type of property is very high, and this building was ideal because Kadean Construction had already updated the office finishes, making it move-in ready. This was a very smooth transition because Will is a great listener and made the transaction very smooth.”
About Hilliker Corporation
The Entrepreneur’s choice for commercial real estate services in the St. Louis region. Hilliker guides business owners through their needs at each stage of the business life cycle. Since 1985, Hilliker Corporation has brokered more than 10,000 transactions including sales and leases of industrial, office, institutional, retail and investment properties. To learn more, please call, (314) 781-0001