Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ST. LOUIS-Fiserv Inc, a communication company, has leased 182,483 square feet at the Lindbergh Distribution Center in Hazelwood, Mo. Duke Realty Corp. developed and owns the property.

CB Richard Ellis’ SVP Tripp Hardin and Phil McCarthy, tenant advisor for Transwestern, represented Fiserv. Jon Hinds, vice president of industrial leasing, represented Duke.

“We are extremely pleased to expand our relationship with Fiserv and welcome them to our St. Louis portfolio,” says Toby Martin, SVP of Duke’s St. Louis operations. “Fiserv’s decision to move to Lindbergh Distribution Center is particularly gratifying given the slowdown in business relocation activities.” With the Fiserv lease, the 528,000-square-foot distribution center is 92% occupied. Other tenants include Matrix Packaging of Missouri, which holds 150,000 square feet, and Whitney Design Inc., which occupies 152,000 square feet. There are 43,450 square feet still available.

” Duke continues to work with companies in the St. Louis market to arrive at space solutions that meet their present and future needs,” Martin says.

The lease rate on the deal was not disclosed.

The facility was initially built on a spec basis and opened in the second half of 2007.

Earlier in the month, as reported by GlobeSt.com, Duke leased 104,770 square feet of office space to ESSENCE Healthcare. The locally based firm will move into 13900 Riverport Dr.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.