{"id":32919,"date":"2026-07-08T19:53:00","date_gmt":"2026-07-08T17:53:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=8c79a74f3b152a4743f0da3744dc1bd5"},"modified":"2026-07-08T19:53:00","modified_gmt":"2026-07-08T17:53:00","slug":"diamond-properties-expands-industrial-portfolio-with-acquisition-of-hazelwood-missouri-warehouse-asset","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=32919","title":{"rendered":"Diamond Properties Expands Industrial Portfolio with Acquisition of Hazelwood, Missouri Warehouse Asset"},"content":{"rendered":"

\nFully leased 52,272-square-foot facility near St. Louis Lambert International Airport becomes Diamond Properties\u2019 eighth building in Missouri<\/b><\/p><\/a><\/a><\/a><\/a>

MOUNT KISCO, N.Y.--(BUSINESS WIRE)--Diamond Properties announced today that it has acquired 130 Byassee Drive<\/b>, a fully leased industrial warehouse property located in Hazelwood, Missouri<\/b>, within the greater St. Louis metropolitan area.<\/p>

\nThe acquisition brings Diamond Properties\u2019 Missouri portfolio to eight buildings<\/b> and reflects the firm\u2019s continued intent to grow its presence throughout the state. The property adds a functional, income-producing industrial asset to Diamond Properties\u2019 portfolio and aligns with the company\u2019s strategy of investing in well-positioned commercial real estate assets in established regional markets.<\/p>

\nLocated minutes from St. Louis Lambert International Airport<\/b>, the property benefits from its placement in one of the region\u2019s active industrial and logistics submarkets. The building totals approximately 52,272 square feet<\/b> and sits on 2.89 acres<\/b>, offering a practical configuration for warehouse, distribution, and light industrial operations.<\/p>

\n\u201c130 Byassee Drive is the type of asset that aligns well with our long-term industrial investment strategy,\u201d said Jim Diamond, CEO of Diamond Properties<\/b>. \u201cWith this acquisition, Diamond Properties now owns eight buildings in Missouri, a market where we see continued opportunity for growth. The property combines full occupancy, strong functionality, and a strategic location near major transportation infrastructure, and we believe it offers stable performance today with meaningful opportunities for continued value creation through active ownership and management.\u201d<\/p>

\nThe facility includes approximately 5,225 square feet of office space<\/b>, 13 exterior dock doors<\/b>, approximately 20-foot clear height<\/b>, masonry construction, and a wet sprinkler system. These features support efficient industrial operations and make the property well-suited for users requiring access to the greater St. Louis market.<\/p>

\nFor Diamond Properties, the acquisition represents another step in the firm\u2019s disciplined approach to identifying commercial real estate assets with durable tenant demand, practical building fundamentals, and strong market connectivity. The company intends to continue evaluating opportunities across Missouri as part of its broader growth strategy.<\/p>

\nProperty Overview<\/b><\/p>

\nAddress:<\/b> 130 Byassee Drive, Hazelwood, Missouri\nBuilding Size:<\/b> Approximately 52,272 square feet\nSite Size:<\/b> Approximately 2.89 acres\nOccupancy:<\/b> Fully leased\nOffice Space:<\/b> Approximately 5,225 square feet\nLoading:<\/b> 13 exterior dock doors\nClear Height:<\/b> Approximately 20 feet\nFire Protection:<\/b> Wet sprinkler system\nMarket:<\/b> Greater St. Louis industrial market<\/p>

\nHazelwood continues to serve as a key industrial location within the St. Louis region due to its proximity to the airport, regional highways, and a deep base of warehouse, logistics, and light manufacturing users. The area\u2019s established industrial infrastructure and access to transportation routes continue to support demand for functional warehouse space.<\/p>

\nDiamond Properties plans to actively manage the property while maintaining continuity for existing tenant operations. The firm will continue evaluating opportunities to enhance the asset\u2019s long-term performance and operational value.<\/p>

\nFor more information about Diamond Properties, visit diamondproperties.com<\/b><\/a>.<\/p>

\nAbout Diamond Properties<\/b><\/p>

\nDiamond Properties is a commercial real estate business located in Mount Kisco, NY that focuses on the acquisition of commercial properties with potential for substantial improvement through hands-on property management, market repositioning, and capital upgrades. Founded in 1995, Diamond Properties has acquired 125+ properties, including office, medical, industrial, retail, self-storage, residential, lodging, and land, and currently owns more than 100 properties with 17 million square feet in 13 states. The company continues to pursue a capital improvement and leasing program that, when combined with quality-driven customer service, has enabled it to deliver consistently high tenant satisfaction and lease renewal rates.<\/p> Contacts<\/b>

\nFor Media Inquiries:<\/b>Laressa Gjonaj, Marketing Director\nlgjonaj@dpmgt.com<\/a>(914) 639-3830<\/p>","protected":false},"excerpt":{"rendered":"

Fully leased 52,272-square-foot facility near St. Louis Lambert International Airport becomes Diamond Properties\u2019 eighth building in MissouriMOUNT KISCO, N.Y.–(BUSINESS WIRE)–Diamond Properties announced today that it has acquired 130 Byassee Drive,…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-32919","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/32919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32919"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/32919\/revisions"}],"predecessor-version":[{"id":32920,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/32919\/revisions\/32920"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}