Bamboo Equity Partners announced its acquisition of 4401-4409 Meramec Bottom Road. The property consists of five buildings totaling 72,595 square feet of office, retail and flex space. 4401-4409 Meramec Bottom Road enjoys a high traffic location and close proximity to I-55, a perfect site for mixed-use.
Currently 44% leased, Bamboo plans to reposition the mixed-use asset by highlighting the features that make the property unique. This has attracted the tenancy of State Farm, Farmers Insurance and Raytheon Technologies, among others. Bamboo brings a high level of sophistication to the property, which in turn will immediately increase the occupancy and revenue in this value-add property.