BJC Healthare, CoreLink Sign Industrial Leases at Fenton Logistics Park in Fenton, Missouri
FENTON, MO. — BJC HealthCare’s Clinical Asset Management Division and CoreLink have signed industrial leases totaling 150,000 square feet at Fenton Logistics Park, on the site of the former Chrysler plant in Fenton. Starting in January 2018, BJC will occupy 80,000 square feet in Building I. The 160,000-square-foot facility was completed in May. CoreLink, which designs and manufactures precision surgical instruments and implants, will occupy 67,000 square feet in Building II upon completion next summer. The facility will also total approximately 160,000 square feet.
In addition to Buildings I and II, Building III will add an additional 168,000 square feet when it is completed in summer 2018. Building IV has been approved and fully entitled by the city of Fenton. Construction of the 157,500 square-foot building is expected to begin in the first quarter of 2018.
The park’s developer, KP Development, acquired the former Chrysler plant in November 2014, and has since invested $12 million in site improvements. The first four buildings represent an additional investment of $65 million. All told, the park is expected to span 2.1 million square feet, including nearly 1.2 million square feet of manufacturing, logistics and warehouse space; 480,000 square feet of office/warehouse and flex space; 182,500 square feet of retail, restaurant and hotel space; and 105 acres of land owned by the BNSF Railway for anticipated additional railroad services.
M&H Architects is the project architect. Paric constructed Building I and the initial site infrastructure, while Archo Construction is constructing Buildings II and III. Piers Pritchard of Cushman & Wakefield represented BJC in the lease transaction. John Hinds and Katie Haywood of CBRE represented KP Development.