Panattoni Development Signs 4 Tenants at St. Louis Industrial Park

Rendering of Aviation Business Park. Image courtesy of CBRE

CBRE has announced the preleasing of Panattoni Development Co.’s Aviator Business Park’s expansion in Hazelwood, Mo.

Aviator Business Park’s expansion plan is composed of three new facilities, all scheduled for delivery in September. CBRE has preleased a total of 382,105 square feet to four tenants, working on behalf of the landlord.

Panattoni Development Co. acquired the development site of Hazelwood Ford in 2008 and has completed six buildings. The three new facilities will be Aviator 6, with 275,862 square feet, Aviator 2, with 197,188 square feet and Aviator 5, with 130,928 square feet.

The general contractor appointed will be Kadean Construction and the added buildings will feature office space, 50-foot by 50-foot column space, docks equipped with 40,000 pounds mechanical levelers and seals, car and trailer parking spots and ESFR sprinkler systems.

The Class A industrial park is located at 6250 N. Lindbergh Blvd., with access to Interstate 270, Interstate 70, and Interstate 170, 5 miles from St. Louis Lambert International Airport and within 17 miles of downtown St. Louis. Aviator Business Park’s completed buildings are fully occupied by multiple tenants, such as Amazon, International Foods, Graybar and Weekends Only.

382 KSF of industrial space preleased

Pretium Packaging will occupy 178,128 square feet in Aviator 6. The other tenants include Federal Moving and Storage, which will occupy 97,734 square feet in Aviator 6, Community Wholesale Tire, which will occupy 76,058 square feet in Aviator 2 and Rivian, which will occupy 30,185 square feet in Aviator 5. The three new buildings are now 60 percent leased.

CBRE’s Senior Vice President Katie Haywood of the company’s Industrial & Logistics, Advisory & Transaction team, together with Associate John Frith has worked on behalf of the landlord.

Recently, Stream Realty Partners has been appointed as leasing agent in charge of Mack Innovation Park Deer Valley, an industrial project with 917,000-square-foot first phase, in Phoenix.