Intelica CRE represents Davidson Surface/Air, Inc. in purchasing former KV Pharmaceuticals Headquarters for $9.5 million
ST. LOUIS, Nov. 5, 2014 /PRNewswire/ -- Davidson Surface/Air, Inc. purchases former KV Pharmaceuticals Headquarters located at 1 Corporate Woods Drive, St. Louis, Missouri 63044. "The purchase of this 315,000 square foot building will help accommodate our rapid growth while bringing 100 new jobs to the St. Louis area," says Don Davidson, owner, Davidson Surface/Air, Inc.
Davidson Surface/Air is a logistics leader in the Midwest with services ranging from shipping to inventory control. After 32 years of growth, Davidson Surface/Air has evolved into an International Logistics Company doing business around the United States as well as Canada, England, Denmark, and Japan. Davidson Surface/Air, Inc., has a fleet of over 50 tractor trailer units that and 750,000 square feet of industrial real estate located in St. Louis, Missouri.
Intelica's Gary Parker and Dan Merlo represented Davidson Surface/Air, Inc. in negotiating the $9.5 million transaction. Parker and Merlo received help from the St. Louis Economic Partnership to lower the real estate tax in an effort to attract Davidson Surface/Air, Inc. to 1 Corporate Woods Drive. With the help of County officials Davidson Surface/Air, Inc. was able to secure a Chapter 100 bond from St. Louis County enabling them to purchase the property. Gary Parker comments: " I think it is remarkable in today's political spectrum that these county officials crossed party lines and banded together to award this bond to Davidson Surface/Air, Inc. I would like to give a special thanks to: Hazelwood School District, City of Bridgeton, Bridgeton Fire District, St. Louis County, St. Louis Economic Partnership, Charlie Dooley, Steve Stenger, Jack Spooner, Monica Connors and the Mayor of Bridgeton, Conrad W. Bowers."
Intelica CRE is a St. Louis based nationally operating company specializing in commercial real estate services including tenant representation, project leasing and sales, property management, corporate services, capital markets, development services, and research. By building on our strong foundation of intellectual capital, Intelica CRE delivers value to owners, investors and users of commercial real estate. Intelica CRE manages and leases space in nine national markets comprising of more than 4 million square feet valued at approximately $450 million. Please visit www.INTELICACRE.com for more information about our company.
Contact: Amanda Jackson
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SOURCE Intelica CRE
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