Hoffmann Commercial Real Estate has purchased the Park Place office building at 100 S. Brentwood Boulevard in downtown Clayton.
The 73,000-square-foot office building counts wealth management firm the Moneta Group as a primary tenant. The building had been owned by an entity affiliated with Moneta principals, Moneta Real Estate LLC.
“Clayton is in an exciting period of re-invention, and our company plans to participate fully in its growth,” Hoffmann CEO Greg Hoffmann said in a statement. “Downtown is transforming from a 9-to-5 corporate district to an engaging destination for shopping, socializing and recreation, including the recent upgrades to Shaw Park."
Hoffmann also owns the Business Bank Tower on Maryland Avenue and the Wydown Building on Hanley Road, both in Clayton.
A purchase price was not disclosed.