Sentinel Net Lease, LLC (“Sentinel”) acquired the 65,225 square foot Concentrix Customer Service Center (“Concentrix”) located in the City of Arnold in St. Louis, Missouri metro area. The property is 100% occupied by and the lease is guaranteed by Concentrix Corporation (NASDAQ: CNXC), Concentrix is a technology-enabled global business services company specializing in customer engagement and improving business performance for some of the world’s best brands, including 95 Fortune 500 clients. The tenant has continuously occupied the Property since 1999 and is being utilized as a call and support center for several major clients. The property has undergone various recent improvements including a full roof replacement in 2018, and more recently in 2021, energy-efficient LED lighting installation, and parking lot replacement and resurfacing.
1900 Meyer Drury Drive, Arnold, MO 63010