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DHR Pays $7.7M for Woods Mill Pointe Office

ASB Capital Management Sells Town and Country Property
April 21, 2009
DHR International Inc. purchased the Woods Mill Pointe office building at 425 S. Woods Mill Road in Town and Country, MO, in an auction from ASB Capital Management Inc. for $7.7 million, or about $97 per square foot.

The four-story, 79,566-square-foot building was built in 1989 and is 92 percent occupied. ASB has invested $11 million in upgrades to the property, which is anchored by Burns & McDonnell Engineers.

Matt Darin of Hilco Real Estate and Paul Hilton of Colliers Turley Martin Tucker represented the seller. DHR was self-represented in the purchase.

Please see CoStar COMPS #1673556 for more information on this transaction.

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