Press Releases
Marcus & Millichap Arranges $9.66M Sale of Industrial Flex Property in St. Louis
December 15, 2025
ST. LOUIS, Dec. 15, 2025 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of the Interior Design Center of St. Louis, a seven-suite industrial property in St. Louis, Missouri, for $9,660,000.
“This asset stood out due to its stable rent roll, with 95% of the space leased to four long-term tenants averaging 18 years of occupancy,” said Tyler Sharp, senior director investments. “Industrial and flex properties in St. Louis continue to outperform national averages in both vacancy and rent growth, particularly in the small-bay segment, and we expect that trend to continue given the limited pipeline of comparable supply.”
Sharp and Adam Abushagur, investment specialists in Marcus & Millichap’s Chicago Downtown and Dallas offices, in association with David Saverin, Marcus & Millichap’s Missouri broker of record, had the exclusive listing to market the property on behalf of the seller, a local investor.
The Interior Design Center of St. Louis, located at 11610–11660 Page Service Drive, comprises 92,104 square feet of flex industrial space across two masonry buildings. Situated on 7.189 acres, the fully leased property is anchored by four long-term tenants, including KDR Designer Showrooms and AUTCOhome Appliance. The asset benefits from its location near four major interstates and proximity to ongoing infrastructure and economic development throughout the St. Louis metro.
“This asset stood out due to its stable rent roll, with 95% of the space leased to four long-term tenants averaging 18 years of occupancy,” said Tyler Sharp, senior director investments. “Industrial and flex properties in St. Louis continue to outperform national averages in both vacancy and rent growth, particularly in the small-bay segment, and we expect that trend to continue given the limited pipeline of comparable supply.”
Sharp and Adam Abushagur, investment specialists in Marcus & Millichap’s Chicago Downtown and Dallas offices, in association with David Saverin, Marcus & Millichap’s Missouri broker of record, had the exclusive listing to market the property on behalf of the seller, a local investor.
The Interior Design Center of St. Louis, located at 11610–11660 Page Service Drive, comprises 92,104 square feet of flex industrial space across two masonry buildings. Situated on 7.189 acres, the fully leased property is anchored by four long-term tenants, including KDR Designer Showrooms and AUTCOhome Appliance. The asset benefits from its location near four major interstates and proximity to ongoing infrastructure and economic development throughout the St. Louis metro.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit www.MarcusMillichap.com.
