For Auction
REO Sale: Bank of America Plaza | 30-Story St. Louis CBD Office Tower
Saint Louis, MO 63101Represented by
CBRE
Asset Snapshot
Offering Summary
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Investment Highlights
- Acquisition Basis Well Below Replacement Cost - Rare entry basis for one of St. Louis's largest office towers, well below new construction cost.
- Fourth-Largest Office Building in the Region - 759,608 SF of contiguous downtown inventory impossible to replicate in the St. Louis CBD today.
- MSA's Largest Contiguous Class A Vacancy - Floors 19-29 offer 210k SF of contiguous Class A space with views of the Arch and Cardinals stadium.
- Irreplaceable Location in St. Louis CBD - Adjacent to Busch Stadium and Ballpark Village, with Loews Hotel and best-in-class restaurants.
- Missouri Office-to-Housing Tax Credit Bill - Pending state credit could boost conversion economics and reduce competitive office supply.
- No Construction Pipeline in CBD Since 2022 - St. Louis office construction has been inactive since Q3 2022, limiting new competitive supply.
Offering Summary
RealINSIGHT Marketplace, in partnership with CBRE, is pleased to present 800 Market Street, St. Louis, MO 63101, a 30-story, 759,608 SF office tower known as Bank of America Plaza, offered via lender REO sale. The asset — the fourth-largest office building in the St. Louis region — represents an exceptional entry basis relative to both replacement cost and prior sale history. The building is 40.2% occupied by 11 tenants, with anchor Bank of America occupying 149,243 SF on a legacy lease through June 2028, while law firm Brown & James (31,803 SF) and accounting firm Anders CPAs (60,547 SF) recently extended through 2034 and 2036 respectively. Floors 19-29 represent the MSA's largest contiguous Class A vacancy (~210k SF) with views of the CBD, Gateway Arch, and Busch Stadium. The highly marketable vacancies offer a well-capitalized buyer maximum flexibility — continued office lease-up, partial conversion, or full repositioning under Missouri's pending downtown tax credit legislation. With no new office construction in the CBD since Q3 2022, supply remains structurally constrained.
Location Information
Located at 800 Market Street in downtown St. Louis, Bank of America Plaza sits one block from Gateway Arch National Park and directly adjacent to Busch Stadium, Ballpark Village, and St. Louis Union Station. The Metro light rail and Interstates 64, 44, 55, and 70 connect the asset to labor pools on both the Missouri and Illinois sides of the Mississippi River.
Due Diligence
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Platform Fee
Buyer pays platform fee at closing.
5% or $25,000 minimum
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Disclaimers
The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.
