chi-Fenton Logistics (3) A new set of modern distribution buildings will rise on land once occupied by Chrysler.

ST. LOUIS—KP Development has just signed leases with two more tenants who will occupy a total of 150,000 square feet across two buildings at the new Fenton Logistics Park, which the company has begun building on the site of the former Chrysler assembly plant in suburban Fenton. Starting in January, BJC’s Clinical Asset Management Division will move into 80,000 square feet in the 160,00-square-foot Building I, which KP completed in May. And CoreLink, which designs and manufactures precision surgical instruments and implants, will occupy 67,000 square feet in Building II when KP completes that 160,00-square-foot structure next summer.

The latest signings come on the heels of two significant leases executed earlier this fall with Alkem Labs and Beckwood Press Co. Alkem, a Mumbai-based pharmaceutical company, is currently moving into more than 32,000 square feet in Building I. Beckwood, a Fenton-based manufacturer of specialty machinery, has signed a lease to occupy almost 56,000 square feet in Building II.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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