Luxco Expands Warehousing Operations
to Hazelwood's Park 370 Business Park

According to the St. Louis Business Journal, Luxco has signed a five-year lease for 213,558 square feet of industrial space at 1619 Park 370 Boulevard.  HSA Commercial Real Estate, a Chicago-based brokerage and development firm, owns the building.

The lease, which starts July 1, is worth an estimated $747,453 annually, based on an asking rental rate of $3.50 per square foot.  The lease would be worth an estimated $3.7 million at the end of the five-year period.

Luxco is a St. Louis-based company that produces numerous alcoholic beverages such as whiskey, cordials, gin, pre-mixed cocktails, rum, tequilla, vodka and wines.  Brands include Rebel Yell Bourbon, Canadian Deluxe Whiskey, Arrow Gin, Everclear, Admiral Nelson's Rum, El Mayor Tequila and Hound Dog Vodka.

In addition to employing about a dozen people, this facility will accept shipments from Luxco and distribute company products nationwide. 

Bill Boudoures of Wm. Boudoures Co. represented Luxco in the deal, and John Langa of Jones Lang LaSalle represented HSA Commercial.