Cupples 9 building opens with 3 new tenants, 99 percent leased

The Koman Group has landed three new tenants — Yurbuds, Flying Saucer Draught Emporium and Pedal The Cause — for its recently opened Cupples 9 building.

The new leases bring occupancy of the seven-story, 147,000-square-foot building to 99 percent.

Cupples 9, at 900 Spruce Street in downtown St. Louis, was redeveloped for $30 million by Koman Group in partnership with anchor tenant Osborn Barr, an agricultural marketing communications firm.

Osborn Barr occupies 66,000 square feet. Other tenants include Asynchrony Solutions, an information technology and software development company, with 44,000 square feet, and Mackey Mitchell Architects, with 12,500 square feet.

New tenant Yurbuds is a developer and marketer of earphones for athletes. The company has about 40 employees and is moving to 9,000 square feet of space in Cupples from the Center for Emerging Technologies, a St. Louis business incubator.

Flying Saucer Draught Emporium, a Dallas-based restaurant and bar concept featuring hand-crafted beers, has 6,600 square feet of street level space. Flying Saucer owns and operates 16 micro-breweries in Texas, Missouri, Arkansas, Tennessee and North Carolina.

Pedal The Cause is a charity group that organizes annual communitywide cycling fundraisers. It was founded in 2009 by Bill Koman, president of The Koman Group, who is a two-time lymphoma survivor. The organization is moving to Cupples 9 from Creve Coeur and will occupy 1,800 square feet.

Josh Udelhofen of Koman Group is listing agent for the remaining 2,000 square feet of office and retail space on the first floor of Cupples 9.

The project was financed by Enterprise Bank, Great Southern Bank, The Private Bank, Central Bank of Kansas City, US Bank Community Development Corp., Enhanced Historic Credit Partners and Lisart Capital.

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