Thursday, October 08, 2009

2 North Jefferson

Many financial services firms have left downtown over the years in order to "be closer to their clients" who typically live in West County. For the most part, these firms have moved to Clayton.

Take, for example, a firm like Smith, Moore, which left the Security Building in 2004 for Clayton after spending 90 years downtown. Their reason for doing so, according to president Jim Deutsch:
"As far as the location, our clients have been moving west (of downtown) for some time. Clayton puts us closer to them."
But is Clayton really all that convenient? It is for clients who live in Clayton or off Ladue Road in Ladue, but for many people in the St. Louis area, Clayton may be closer, but not necessarily easy to access. From my home in the County, getting downtown takes me roughly the same amount of time as getting to the Sevens Building in Clayton, where Smith, Moore is now located.

Consider the former A.G. Edwards Trust building at the northeast corner of Jefferson and Market. Its location is fantastic, just blocks from Highway 40, and not far from 44. For clients traveling to the office from West County via 40 or 44, this location might actually be quicker to get to than a Clayton location. And for clients coming from Illinois, there's no comparison.

2 North Jefferson contains 84,370 sf of modern office space, including two conference rooms and a lower level lounge area. It also has a loading door and storage area, as well as its own 175-car parking lot.

While this building would work well for a variety of firms, it's ideally suited for a brokerage firm, law office, or any business looking for easy highway access and parking for clients.

The building is listed for sale for $7,000,000.

The listing agents are David Randolph - (314) 655-6006 - and Don Woehle - (314) 588-1623 - of CB Richard Ellis.

1 comment:

Brandon said...

Ha ha, it's true. There's a time warp on the roads in St. Louis. Doesn't matter if you are travelling 5 miles or 15 miles, it will take you about 20 minutes to get there.