Elekta to Relocate its St. Louis office to Streets of St. Charles

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Anaise Berry

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For Immediate Release

 

Elekta to Relocate its St. Louis office to Streets of St. Charles

 

(Peoria, IL, March 1, 2019) – Cullinan Properties, Ltd. announces that Elekta, a Sweden-based medical device company that manufactures, sells, and services cancer treatment solutions, will relocate one of its product supply and support centers from Maryland Heights to Streets of St. Charles in St. Charles, MO. Elekta will occupy approximately 40,000 square feet on the second and third floors of 1450 Beale Street within the mixed-use development. The building, currently under construction, is scheduled to be completed later this spring. Elekta will office more than 100 employees on-site.

A leader in precision radiation medicine with nearly 4,000 employees worldwide, Elekta is committed to ensuring everyone with cancer has access to – and benefits from – precise, personalized radiotherapy treatments. The global company’s St. Louis office serves as the location where Elekta’s treatment planning software is developed. A critical component of comprehensive cancer treatment and care, precision radiation therapy can enable treatment of large numbers of cancer cases to improve patient’s quality of life and save lives.

“Our employees are our most important asset at Elekta, and to that end we selected an office location in St. Louis that would reflect that commitment and provide them with a working environment conducive to higher levels of engagement and productivity,” says Garth Andrews, SVP, Global Engineering at Elekta. “The new facility offers a vibrant environment to live, work and play in a diverse and stimulating urban-like setting. We are excited that our employees will have a truly flexible and collaborative working environment with so many amenities close at hand and believe that this will greatly increase our ability to support our recruiting and retention initiatives.”

“We’re thrilled that Elekta has selected Streets of St. Charles for their St. Louis office,” stated Christopher M. West, Partner and CEO of Cullinan Properties, Ltd.  “Elekta is part of a growing number of forward-thinking companies seeking more than just office space. Locating in an environment that also offers employees additional amenities such as dining, shopping, entertainment, luxury apartments, and fitness on-site, as well as hotels for out of town guests and employees, can be a tremendous company benefit to those workers. We feel there will be a great synergy with Elekta joining our growing line-up of office and retail tenants at Streets of St. Charles, and look forward to welcoming them to the Streets of St. Charles community.”

Jim Loft, Sr. Vice President with Colliers International, the firm representing Cullinan Properties in the lease transaction, stated “Even from our initial tour of the property, it was clear that Elekta was focused on providing a work environment conducive to recruiting and retaining the best talent, and we felt all along that the Streets of St. Charles was a great fit.  The two groups worked well together to structure an arrangement that worked for all, and we are thrilled to have completed this transaction with them.”

The 60,000 SF mixed-use building was designed by St. Louis architecture firm, Oculus Inc., and the general contractor for the project is Brinkmann Constructors.

 

About Streets of St. Charles

Owned and managed by Cullinan Properties, Ltd., The Streets of St. Charles is a distinctive 27-acre mixed-use community with retail, dining, entertainment, hospitality, multi-family and office components. With a town center design that creates a neighborhood atmosphere, the Streets of St. Charles is unique in the market and includes all the latest amenities for sophisticated living, casual and elegant dining, retail, modern offices, and entertainment. For more information on Streets of St. Charles, visit streetsofstcharles.com.

About Cullinan Properties, Ltd

Cullinan Properties, LTD. is a leading provider of real estate services specializing in commercial and mixed-use developments and acquisitions. With offices in Peoria, IL, Chicago, IL and St. Louis, MO, Cullinan Properties is a multi-disciplined real estate firm that develops, manages and owns mixed-use, retail, multi-family, office and medical properties throughout the United States, including Illinois, Missouri, Texas, Georgia and Michigan. For additional information about Cullinan Properties, Ltd., visit cullinanproperties.com.

About Elekta

For almost five decades, Elekta has been a leader in precision radiation medicine. Our nearly 4,000 employees worldwide are committed to ensuring everyone in the world with cancer has access to – and benefits from – more precise, personalized radiotherapy treatments. Headquartered in Stockholm, Sweden, Elekta is listed on NASDAQ Stockholm Exchange. Visit www.elekta.com or follow @Elekta on Twitter.

 

 

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