A 340,000-square-foot mixed-use property in downtown St. Louis, Missouri, that previously served as a primary data center for a major health insurance provider has been placed on the market for both sale and lease.

The Property and Its Data Center Infrastructure

The six-story building, located at 1831 Chestnut Condominium, sits on a 4.24-acre site and includes 53,000 square feet of dedicated data center space.

According to a brochure produced by real estate firm Colliers, the property comes equipped with two interior generators, one exterior generator, and two Liebert cooling units.

The total footprint of the building spans 340,000 square feet, or approximately 31,587 square meters, combining data center and office space within the same structure.

The property is currently listed for lease on LoopNet and for sale through RI Marketplace. Lease pricing for each floor of the building is set at USD 15.50 per square foot.

A sale auction has been scheduled for June 22, with a starting bid listed at USD 250,000.

Decades of Use by Anthem Blue Cross and Blue Shield

According to information published on RI Marketplace, the property previously hosted Anthem Blue Cross and Blue Shield's primary Missouri data center operations for 32 years.

The health insurer's long-term use of the site underscores the building's established history as a functioning data center facility, with the existing generator and cooling infrastructure reflecting the demands of that operational role over multiple decades.

Receivership Status and Sale Process

The St. Louis Business Journal has reported that the property is currently in receivership, which has placed the building into the hands of a court-appointed receiver ahead of its auction.

The sale is being conducted through RI Marketplace, a platform commonly used for distressed and receivership asset auctions, while leasing inquiries are being directed through LoopNet.

The June 22 auction date and the USD 250,000 starting bid represent what would be a dramatically reduced entry point for a property of this scale, given both its square footage and its data center heritage.

St. Louis as a Data Center Market

The St.

Louis area represents Missouri's largest data center market, with Kansas City ranking second in the state.

The city itself has been navigating questions around how to regulate data center development within its boundaries.

The City of St. Louis had previously considered implementing a moratorium on new data center developments but ultimately chose not to move forward with that measure.

Instead, according to reporting by St. Louis Public Radio, city officials opted to pursue an updated framework proposal for data center zoning regulations, reflecting an effort to manage growth in the sector through structured policy rather than an outright pause on new projects.