GEODIS Contract Logistics – 1659 Sauget Business Blvd

GEODIS Contract Logistics operates a worldwide transport and logistics company. Their services include warehouse management and distribution center operation. Furthermore, they have facilities in Madison County and St. Clair County of Illinois for added convenience.

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Building Size

1659 Sauget Business Blvd in East Saint Louis is a 1-story industrial building constructed in 2008. Covering an area of 502,500 sqft, this property was completed in 2008.

SparrowHawk Real Estate Strategists LLC currently owns this space. Tenants have been living here for at least three years, with an average lease term of three-and-a-half years and an average sales price per square foot at $29; the average vacancy rate is 0.5%.

Houston-based SparrowHawk has appointed JLL to manage five industrial developments totaling approximately 1.5 million square feet valued at $61 million in the St. Louis region, including Amazon’s new distribution center at 1659 Sauget Business Boulevard in St. Louis as part of their 255 Logistics Center portfolio.

Building Amenities

1659 Sauget Business Blvd offers parking and conference spaces, in addition to loading dock and truck access. Situated within a warehouse district, Moovit provides information about public transit, such as buses and train stations, and directions to your desired destinations with schedules, routes, and prices for buses/trains in Sauget and beyond. Over 1.5 Million users worldwide have already used Moovit to navigate their way around Sauget with success!

Chambers Street Properties purchased this 502,500-square-foot warehouse built in 2008 at 1659 Sauget Business Blvd near Interstate 255 for $21.1 million.

Since 2012, 56 companies have reported payment events at this address. No permits have been filed at the property, one preliminary notice has been exchanged, and 84 lien waivers have been exchanged among them. Its principal company registered in Illinois is 1659 Sauget Business Blvd LLC, located at East Saint Louis, IL 62206, with CompStak providing access to its sales history.

Building Parking

1659 Sauget Business Boulevard offers abundant parking spaces, making it easier for tenants to access the property via public transit stops.

Street parking is also conveniently available near the property, making it more suitable for those without vehicles. In addition, nearby amenities include shops and restaurants for your enjoyment.

Chambers Street Properties, a real estate investment trust (REIT), currently owns this property; according to St. Clair County tax records, 1659 Sauget Business Blvd LLC had previously held the title. Covington of Richardson, Texas, formerly operated as its previous owner.

Do you wish to know more about this property? Reach out directly to the building owner via CommercialEdge to obtain ownership, tenant, and management information, research data, and market insight for all industries within this market.

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Building Exterior

1659 Sauget Business Blvd in East Saint Louis, Illinois, was constructed as a 502,500-square-foot warehouse and sold in 2018. Situated within St. Clair County and last sold in 2018, it last saw any action by its previous owners in 2018.

Amazon plans to open a distribution center in Sauget, joining several tenants with lease agreements totaling 500,000 square feet in Metro East warehouse markets. Amazon has contracted Houston-based SparrowHawk LLC to lease space at 1659 Sauget Business Boulevard for this facility.

Over the last three years, this address has seen no permits filed, one preliminary notice exchanged, 84 lien waivers exchanged, and no liens reported.