BioPharma Relocates US Operations to Metro St. Louis
- Jun 10, 2020
BioPharma Services has relocated its U.S. clinical facility to Creve Coeur, Mo., from Columbia, Mo., due to the COVID-19 pandemic’s impact on its operations. The Toronto-based medical research firm has leased the entire 25,000-square-foot building that used to house St. Louis Clinical Trials, a subsidiary of Evolution Research Group. BioPharma’s clinic has a capacity of more than 100 beds.
According to Yardi Matrix data, Core Properties has owned the single-tenant asset since 2016. Located at 10330 Old Olive Street Road, the two-story building came online in 2002. The property features 11,564-square-foot floorplans, and both subterranean and ground-floor parking ensuring a parking ratio of 2.9 spaces per 1,000 square feet.
The 1.3-acre site is 15 miles northwest from downtown St. Louis, near the intersection of U.S. Road 67 and Olive Boulevard. There are several shopping venues and dining options within a 1-mile radius of the facility. St. Louis Lambert International Airport is 15 minutes away.