CBRE Representing Metro Evaluating Potential Headquarters Move From Laclede’s Landing

Metro vice president of economic development John Langa told WhoLou Monday that the transit agency has hired commercial real estate heavyweight CB Richard Ellis (CBRE) to represent them in an evaluation of headquarters options which includes a potential move from their longtime Laclede’s Landing location. Metro owns and occupies seven-stories in the Christian Peper Building complex at 707 N. First Street.

The agency has been headquartered in the Peper Building complex for more than three decades and 270 Metro employees traverse the 106,000 square-foot space daily. Langa commented that Metro’s concerns regarding the Peper Building have to do with age and the costs associated with keeping the building from becoming functionally obsolete. Langa further commented, “Metro is focused on remaining in the city.”