Cannon Design Powerhouse St Louis, MO

As exclusive agent, Cushman & Wakefield is pleased to offer a 100% fee simple interest in Cannon Design Powerhouse (1100 Clark Avenue) for sale. Known as the Powerhouse, this iconic 3-story 1920’s vintage building has been fully transformed into one of the most architecturally unique and creative boutique workspaces in Downtown St. Louis. As part of a long-term sale-leaseback offering, the Property will be delivered 100% occupied under a newly formed lease agreement (15 or 20 years of term) to Cannon Design, a world acclaimed consulting, architecture, and engineering firm with 1,200+ employees and 18 offices globally. The Cannon Design Powerhouse is one of the Company’s largest locations, serving as home to approximately 130 employees.

Totaling 33,000 SF, the Powerhouse has been fully redesigned to appeal to modern day workstyles, inspiring creativity, collaboration, and productivity. Features include oversized arched windows providing an abundance of natural light, dramatic floor to ceiling open space, a mix of resurfaced and polished concrete floors, exposed steel beams, and other unique architectural elements making this one of the most unique commercial buildings in all of St. Louis. The Property also includes limited exclusive use on-site parking. The Powerhouse has also achieved LEED Gold Certification for energy efficiency and sustainability.

Cannon Design Powerhouse is situated within the Downtown St. Louis CBD, which is undergoing its largest development surge in decades with approximately $2.5B in projects expected to be delivered within the next 3 years. This includes delivery of over 2,000 new multifamily dwelling units, upgrades and expansions to the St. Louis Convention Center, and the HQ delivery of the National Geospatial Intelligence Agency western campus. The Property is conveniently accessed via Highways 64 & 40 and is walkable to an abundance of amenities within the CBD.

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