SARA Investment Real Estate acquires another Missouri building

SARA Investment Real Estate, a Madison-based full-service commercial real estate investment and brokerage company, has closed on the purchase of a Class A flex property in Chesterfield, Mo.

The acquisition of the Chesterfield Exchange property, built in 2003, enhances SARA’s investment in the St. Louis market and illustrates the firm’s continuing growth throughout the Midwest. The firm, which has an office in St. Louis, entered the market in 2015 with the purchases of an office building in O’Fallon, Mo and a warehouse/flex building in Fenton, Mo.

The property has 117,730 square feet of space and is fully occupied. Tenants include Dohmen Life Sciences, Aerospace Filtration Systems, Ferguson Enterprises Inc., Henry Schein Inc., and NEC Energy Solutions.