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New industrial spec building under construction at Premier 370

New industrial spec building under construction at Premier 370
June 4, 2018 Evan Glantz
Premier 370 Business Park Aerial View

This story was originally published in the St. Louis Business Journal on June 1, 2018.


Steph Kukuljan | St. Louis Business Journal


“Construction of a 375,200-square-foot industrial spec building is underway at Premier 370, according to documents filed with the city of St. Peters.

Duke Realty (NYSE: DRE) is the developer and builder behind the facility, which is located at 1001 Premier Parkway, near the entrance at Highway 370 and Harry S. Truman Boulevard. Matt Hrubes, vice president of leasing and development for Duke Realty in St. Louis, declined to comment.

Marketing materials on Duke Realty’s website show the building can be divisible to 125,000 square feet and will have space for more than 40 trailers and 234 cars on the nearly 25 acre-property. Chapter 100 tax abatement and “significantly lower business license fees” also are highlighted in the packet…”

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