Tristar Sells Elllisville, Mo Property

Summary


An affiliate of Chicago, Ill.-based developer Centrum Properties has purchased 37.85 acres and a 260,000-square-foot, three-story office building at the former regional headquarters campus of CitiMortgage in Ellisville, Mo., from TRiSTAR Business Communities.

CitiMortgage vacated the site in late 2003 when it moved to a new 515,000-square-foot building on a 50-acre campus at Progress Point, a business park in O'Fallon, Mo., developed by TRiSTAR. TRiSTAR acquired the Ellisville site, located at the intersection of Clarkson and Clayton roads, as part of the CitiMortgage relocation.

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Extract


Tristar Sells Elllisville, Mo Property

Formed in 1980, Centrum Properties focuses on new and renovated resid...

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