NAS Adds 2 St. Louis Medical Assets to Its Portfolio

KB Exchange Trust has selected NAS to manage both medical offices. Fresenius Medical Care and DaVita HealthCare Partners are the sole occupants of the properties.

National Asset Services (NAS) has increased its nationwide portfolio with the addition of two medical office buildings located in the St. Louis-area. KB Exchange Trust, a commercial real estate investment firm headquartered in Las Vegas, has selected NAS as the property management company and asset manager of both locations.

Fresenius Medical Care, St. Louis, managed by NAS
Fresenius Medical Care, St. Louis, managed by NAS

One of the buildings is located in the northern St. Louis County, near interstate 270 and the New Ferry Road exit. The 7,700-square-foot asset has only one tenant, Fresenius Medical Care, an integrated provider of products and services for individuals undergoing dialysis.

The second property features 8,052 square feet of space. The entire building is leased to DaVita HealthCare Partners., a leading provider of kidney care in the U.S. The medical building is located in the northern suburban village of Bel-Ridge, Mo., in close proximity to Bel-Nor, Mo. and Bellerive, Mo. Recently, DaVita Medical Group opened a medical clinic in Albuquerque.

NAS has a nationwide commercial property management portfolio of more than 60 properties in 23 states, including 27 medical office properties.

Image courtesy of NAS