Friday, February 22, 2008

705 Olive

Built in 1896, this historic building was designed by legendary architecht Louis Sullivan. It is nearly 80% leased and features very attractive lease rates as well as 60 covered parking spaces (4.00/1,000 sf).

Current vacancies are as follows:

1st Floor - 6,000 sf of retail space at $20.00/psf
2nd Floor - 200-14,000 sf of office space at $12.50 psf
3rd Floor - 200-8,500 sf at $12.50 psf
13th Floor - 8,500 sf at $12.50 psf

Major tenants include accounting firm Anders Minkler & Diehl LLP. Teutenberg's restaurant is located on the ground floor.

The building suffered a small fire on Monday morning after a space heater on the building's vacant third floor had been left on all weekend. Fortunately, the damage was contained.

For leasing information, contact Cindy Krehbiel of Jones Lang LaSalle - (314) 436-1212

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