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ST. LOUIS, MO. — Revive Capital Development LLC has acquired a 270,000-square-foot office building in St. Louis for an undisclosed price. The development company plans to convert the nine-story building into loft apartments. 1706 Washington LLC sold the property that was previously occupied by CPI Corp., a portrait studio. The vacant building, constructed in 1912, is located at 1706 Washington Ave. John Warren of JLL represented the seller.