944 Anglum Road, Hazelwood, MO
944 Anglum
Office
23,802 square ft.
Project Overview
Strongly focused on reaching complete occupancy in the booming Hazelwood submarket, we leveraged our sophisticated client network to secure full occupancy with a single tenant. Shortly after acquisition, the tenant approached our team and exercised their right to purchase.
THE CHALLENGE
Bamboo Equity Partners™ willingly embraced the challenge of acquiring this foreclosed asset with an occupancy rate of 0%, an opportunity that other investors in the market had overlooked. Despite the considerable improvements required by the building, it presented promising upside in a thriving submarket.
The substantial scope of work required to enhance the property dissuaded numerous investors. Nonetheless, Bamboo's value-add approach and confidence in their ability to maximize occupancy in a highly desirable market made this acquisition an opportune decision.
0%
Occupancy at Acquisition
100%
Occupancy at Disposition
SOLUTION
Bringing New Life To The Property
In a seemingly lifeless flex property, Bamboo Equity Partners™ recognized untapped potential that went unnoticed by other investors. By implementing a creative strategy to rejuvenate the property and generate value for our investors, we were able to leverage capital improvements and proactive tenant acquisition initiatives to increase the property’s value by achieving full occupancy.
