Diamond Properties acquires 52,272-square-foot industrial property in Hazelwood

Diamond Properties acquires 52,272-square-foot industrial property in Hazelwood

Diamond Properties aacquired 130 Byassee Drive, a fully leased industrial warehouse property in Hazelwood, Missouri, within the greater St. Louis metropolitan area. The acquisition brings Diamond Properties’ Missouri portfolio to eight buildings and reflects the firm’s continued intent to grow its presence throughout the state. The property adds a functional, income-producing industrial asset to Diamond Properties’ portfolio and aligns with the company’s strategy of investing in well-positioned commercial real estate assets in established regional markets. Located minutes from St. Louis Lambert International Airport, the property benefits from its placement in one of the region’s active industrial and logistics submarkets. The building totals approximately 52,272 square feet and sits on 2.89 acres, offering a practical configuration for warehouse, distribution, and light industrial operations. The facility includes approximately 5,225 square feet of office space, 13 exterior dock doors, approximately 20-foot clear height, masonry construction, and a wet sprinkler system. These features support efficient industrial operations and make the property well-suited for users requiring access to the greater St. Louis market.