We’re pleased to announce a new 5-year lease at Streitwise Plaza in St. Louis with a local construction and engineering consulting firm, Roeslein & Associates, Inc.
This 10,266 square foot lease is at economic terms exceeding that of the replacement tenant. It further illustrates the strong fundamentals in the St. Louis office market in general and the attractiveness of our building within the Sunset Hills submarket in particular.
Currently this property is home to the headquarters of Panera Bread, and regional offices for New Balance, Nationwide Insurance, Western & Southern Life Insurance, Edward Jones, among others and is part of the Streitwise portfolio. This base of strong credit tenants has allowed Streitwise to be able to distribute a high dividend yield to investors for 19 straight quarters.
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Mr. Karsh is CEO and Co-Founder of Streitwise and Tryperion Holdings.
Prior to forming Streitwise, Mr. Karsh was an Acquisitions Analyst for Canyon Capital Realty Advisors and the Canyon-Johnson Urban Funds, where he was responsible for underwriting, structuring and executing value-add and opportunistic transactions. He holds a Bachelor of Arts degree in Political Science from the University of Pennsylvania. Mr. Karsh is a member of ULI and is also a Real Estate & Construction member of the Jewish Federation of Greater Los Angeles.