Hoffmann Commercial Real Estate Finalizes Acquisition of Pierre Laclede Center in Clayton, MO
Strengthening Their Presence in the Clayton Office Market
Clayton, MO (Nov. 22, 2024) — Hoffmann Commercial Real Estate (HCRE), part of the Hoffmann Family of Companies, is pleased to announce the completion of its acquisition of the Pierre Laclede Center in downtown Clayton, Missouri. The property is a top-tier business hub, attracting corporations, startups, and professional service firms seeking premium office rentals. HCRE plans to invest further in the property to enhance its amenities and aesthetics, aiming to attract more businesses.
“We are thrilled to welcome the Pierre Laclede Center into our expanding portfolio,” said Greg Hoffmann, Principal & CEO of HCRE. “This acquisition represents a significant milestone for us, as it not only strengthens our presence in the Clayton office market but also underscores our commitment to investing in properties that are integral to the local community. We look forward to enhancing the property further and continuing to support the businesses and residents who make this area vibrant.”
The site includes two office towers offering nearly 600,000 square feet of space. This acquisition significantly increases HCRE’s total investment in the area, now nearing 1,000,000 square feet.
HCRE’s diverse portfolio features retail, commercial, and office spaces, multi-family housing, industrial properties, and land under development. Dedicated to upgrading each property to a Class “A+” standard, HCRE’s portfolio is valued at over $1 billion.
HCRE is experiencing rapid growth, building a portfolio that includes both stabilized and value-added assets in prime locations across the country. Recently, the company announced three acquisitions in Chicago’s vibrant North Shore, where it is one of the largest landlords.
Currently, HCRE's portfolio includes properties in California, Canada, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Michigan, Minnesota, Missouri, Pennsylvania, Tennessee, Texas and Wisconsin.
For more information about the Hoffmann Family of Companies and its recent acquisitions, please visit HFCompanies.com.