ST. LOUIS (September 15, 2022) - With five property closings totaling $36 million in just the past five days, Bamboo Equity Partners is proving it may have the next best thing to a crystal ball: an innovative redevelopment and investment strategy. Bamboo is shaking up STL commercial real estate, turning underperforming properties that others overlook into incredible ones that not only make top-of-class workspaces for local businesses and invigorate local economies, but become invaluable assets for investors.

“I am so proud of our team’s ability to identify unique investment opportunities and turn them into gold,” says Alice C. Benner, Principal and Managing Partner of Bamboo Equity Partners. “By leveraging current economic conditions with keen property selection and improvement capabilities, we not only see opportunities that others overlook, but create value for our investors while positively impacting the areas in which we invest.”

This week, Bamboo closed on five central STL County properties, each starting as under-appreciated, well-located properties. Leveraging their resources, they create high-end spaces that draw new business in, revitalizing their respective communities:

• PURCHASED: Owen Ridge Campus, Webster Groves, MO - Located at 345-357 Marshall Ave., Bamboo purchased this spectacular 11+ acre property with plans for a strategic allocation in biotech. To the two parcels of land, they will potentially add flex-industrial and laboratory space. Through their strategic capital improvements, they plan to preserve the notable art deco architectural style of the campus, while bringing the interior and infrastructure into modern day. Current tenants include Paradowski Creative and Weekends Only.

• ​​SOLD: 9461-9601 Dielman Rock Island Industrial Dr., Olivette, MO

When Bamboo purchased this property from a local seller in 2019, they went in with a vision to clean it up and take the defunct flex-industrial space to the next level. Realizing the potential where others saw challenges, Bamboo made strategic capital improvements to the exterior and transformed the aesthetics, adding value to the property. Through this sale, Bamboo achieved a three-times equity multiple and an approximate 60-percent IRR for investors. 

“The Dielman Industrial area is a well-situated submarket,” says Tyler Hyde, Associate Broker for Intelica CRE, Bamboo’s brokerage partner in this deal.

• SOLD: 11147 Dorsett Road, Maryland Heights, MO; 865 Hoff Road, O’Fallon, MO; 3080 Elm Pointe Drive, St. Charles, MO - This triple net (NNN) industrial portfolio sale was the first between Bamboo and Edwardsville, IL-based Fireside Financial. The manufacturing, warehouse and distribution facility spaces were grouped together by Bamboo to create a hugely valuable opportunity for Fireside Financial. 

“Triple net real estate continues to be a strong strategic play for Bamboo in the current economic conditions,” says Brady Gehring, Principal and Director of Capital Markets for Bamboo Equity Partners. “But what makes this transaction so significant is it showcases Bamboo’s proven ability to identify smaller properties and package them together into a single, high-value transaction for savvy real estate investors. We enjoyed working with Fireside Financial on this deal and look forward to creating more profitable opportunities that also represent an investment in the St. Louis region.”

About Bamboo Equity Partners

Bamboo Equity Partners is a St. Louis-based private equity firm focused on real estate acquisition and development throughout the United States. Expert-oriented in industrial and office properties valued between $1 million and $10 million, Bamboo has a proven track record of identifying opportunities others overlook and generating powerful returns for investors. For more information, visit bambooequity.com. 

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