Tom Helmkampf partnered with Keat Properties in the search for an investment property in the highly sought after submarket for Office/Warehouse west of I-170.  The team was able to locate and get under contract the building at 10515 Liberty with an existing credit tenant that had a 16-month term left on their Lease.


  • .87 Acre
  • 11,000 sf Building
  • Office/Warehouse Building

During the due diligence period the Team discovered a 20’ wide easement for access and parking along the 3 sides of the property (see survey above).

This easement was written for the benefit and use of the parcel behind 10515 Liberty. Unfortunately, the Seller had added on to the building without knowledge of the easement, and part of the addition was built over the easement. The Team was able to negotiate an agreement between the Seller and the adjacent property Owner to get the easement released, and the release recorded with the Title Company before closing.

Soon after closing the Ownership Team negotiated a rate increase and an additional 2-year term with the credit Tenant.

Are you interested in investing in Commercial Real Estate or have 1031 money available for reinvestment?

HCS is very active in the local Bi-State Commercial Real Estate Development Market.  We are always on the lookout for undervalued and value-added opportunities especially in the small to midsized warehouse market.  This niche is a key strategy for strong returns as it generally requires lower initial and long-term re-tenanting costs.

  • Existing industrial buildings, preferably built after 1980.
  • Value-added opportunities, determined by a vacancy of 20%+, some curable obsolescence, or poor marketing/dealmaking.
  • Transaction size of $1million - $5 million
  • Single free-standing buildings or portfolios
  • Single and multi-tenant buildings
  • Sale and Lease Back or excess property situations
  • Preferred markets are the St. Louis County Missouri, and SW Illinois
  • Opportunity and Enterprise Zone Properties or other incentives that provide equity partners with additional tax opportunities.

Contact us today for a list of current opportunities or call 314-581-2667 to speak with Tom.