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King Realty Advisors sells last remaining Blood & Sand-owned commercial space to fredsparks

April 15, 2015

King Realty Advisors has sold the last commercial real estate asset Blood & Sand owners attained in their acquisition of the entire Terra Cotta Lofts ground floor restaurant/retail space.  Blood & Sand had acqired three commercial units in their purchase of the former Red Moon restaurant space:  1501 Locust ST units A, B & C.  Blood & Sand operates from 1501 Locust ST, Unit C.  

King Realty Advisors was hired by Blood & Sand owners to dispose of units A & B as they were excess real estate holdings in two adjacent commercial units not necessary for Blood & Sand's operations.  

King Realty Advisors contracted to sell 1501 Locust ST, unit B to The Kelley Group prior to Blood & Sand's acquisition closing of the Terra Cotta Lofts ground floor.

On April 15th, 2015, design firm fredsparks acquired the last remaining commerical unit comprised of 3,823 SQ FT for $26/SQ FT.  The unit is currently in gray-box condition as one of the only unrenovated spaces in the Washington Avenue loft district.  fredsparks plans on retrofitting the space as offices for their headquarters.  

Blood & Sand, which still owns its commercial unit next door to fredsparks & The Kelley Group, continues their success as one of downtown St. Louis's best restaurant venues & favorite Washington AVE neighborhood gathering spots.  More recently Blood & Sand owners Adam Frager & TJ Vytlacil opened Death in the Afternoon at City Garden.  

For more information visit:  www.kingrealtyadvisors.com www.bloodandsandstl.com www.fredsparks.com www.thekelleygroup.com www.deathintheafternoonstl.com 

Team Associated

Brad Waldrop