Equifax Workforce Solutions | Headquarters

Property Description

Situated on a 6-acre site directly fronting Page Avenue in Maryland Heights, Missouri, the Property consists of a three-story, Class A office building that totals approximately 94,006 rentable square feet of space. The Property is leased in its entirety to Equifax Workforce Solutions, one of five operating segments of Equifax, Inc. (“Equifax”). Equifax, the Parent Company and Lease Guarantor, maintains an investment grade credit rating of BBB+ from Standard & Poor’s and a Moody's rating of Baa1. With annual revenue in excess of $2.3 billion, Equifax is one of the country’s top credit bureaus, providing consumer credit scores, credit histories, and risk analysis to lenders.

Business Essential Attributes

The Property serves as the headquarters for Equifax Workforce Solutions and houses all of the C-Level executives, sales, accounting and software development related to this business segment. The Tenant has fully occupied the Property since 2005. In January 2013, the Tenant signed an 11-year lease renewal extending the term through December 2023 furthering its commitment to the Property. In addition, the Tenant is in the process consolidating three additional leased facilities in the St. Louis market and will reconfigure the Property to accommodate the additional employee count.

Additional Property Information

The Property has been designed for both single- and multi-tenant occupancy, provides a 4.9 per 1,000 square foot parking ratio, and efficient 30,000 average square foot floor plates - all of which are attractive to large and small users in the market. Located near Interstate I-270, and accessed from I-270 via the Page Avenue interchange, the Property is easily accessible from the entire metropolitan area of St. Louis, Missouri. Numerous amenities exist within driving distance, including the nearby Westport Plaza commercial development and entertainment center, and excellent access to St. Louis Lambert International Airport.

Equifax Workforce Solutions | Headquarters

Maryland Heights, Missouri

PROPERTY AT A GLANCE

Property Type: Office
Square Footage: 94,006

Leased: 100%
Lease Expiration: December 31, 2023
Renewal Option(s):
Two, 5-year options at Fair Market Rate
Rent Increase(s):
Commencing January 1, 2014: $1.00 per square foot every two years (2.1% average annual increases)
Tenant: Equifax Workforce Solutions
Parent: Equifax, Inc. (S&P: BBB+)
Website*: www.equifax.com
NYSE*: EFX
* Stock ticker symbol and website are for Equifax, Inc., the parent company and guarantor of the lease.