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MARYLAND HEIGHTS, MO-Safety National Casualty Corp. has moved into its new $20 million office building here at 1832 Schuetz Rd. The 140,000-sf facility was built by Duke Realty Corp. and developed by CRA Development LLC, a Coldwell Banker Commercial CRA LLC company, but is owned by the insurance product firm.

The company is the sole occupant in the five-story building. There are various service functions on the first floor, such as a fitness center and cafeteria, and the firm uses floors two through four.

The fifth floor is unoccupied and unfinished for use for future growth, says Bruce Brophy, a CRA principal. In fact, due to arranged zoning, the company can expand the building by another 160,000 sf if growth continues, Brophy tells GlobeSt.com. “They’d have to put up structured parking if they expanded. That’s way down the road,” he says.

Safety National moved from two office buildings that it owned in Maryland Heights, a 63,000-sf facility and a 16,000-building, both on Woodland Parkway. Brophy says the smaller building at 2029 Woodland was sold and then leased back through this month, while the larger building at 2043 Woodland, formerly priced at $7.8 million, is now on sale for $6.1 million.

Brophy says the St. Louis office market is still viable, despite the country’s economic trouble. “We still haven’t seen activity dry up here like other parts of the country,” he says. “Our market is holding its own.”

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