St. Louis, MO, January 16, 2016 --(PR.com
)-- Hilliker Corporation, a St. Louis owned and managed commercial real estate company, helped a window and door wholesaler buy a new location that is five times larger than its former home.
XL Building Products recently purchased a 50-year-old building located at 10707 Midwest Industrial for $585,000. An additional $150,000 will be invested in renovations and upgrades for the more than 17,000-square-foot space, which will include a 5,000-square-foot showroom that will conveniently display products for builders, developers and rehabber customers. XL Building Products will open for business on Feb. 15.
The property was the former home of Mead O’Brien, which specializes in valves and valve automation, steam and hot water products and systems, and instrumentation products. The company moved to a larger location five years ago, and this property has been vacant since then.
Owner Matt Salviccio purchased XL Building Products in March of 2015. The company, which was founded in 1997, is the premier window and door wholesale distributor in the St. Louis and bi-state area. The company was previously located at 10848 Galt Industrial Blvd. in a 3,400-square-foot building.
Hilliker Corporation broker Will Aschinger represented the buyer, XL Building Products and F.L. Sweeney broker Floyd Sweeney represented the seller, Meade Mov Ink, LLC.
Hilliker Corporation, which targets regional and national entrepreneurs, is St. Louis’ largest locally owned independent commercial real estate company located at 1401 S. Brentwood Blvd. The firm’s agents, who each average over 15 years of experience, have completed more than 10,000 sales and leases for industrial, office, retail and institutional clients since its inception in 1985. For more information, contact Will Aschinger at (314) 781-0001.