Industrial Soap Company: Industrial Soap building in Midtown sold to Memphis investor

The Industrial Soap Co. building at 722 S. Vandeventer Ave. has sold to a Memphis-based real estate investor for $2.3 million. Industrial Soap in February sold the building to Premier Storage Investors. The property has an appraised value of $1.67 million, according to St. Louis records. Chip Campbell with Premier Storage Investors said the company will redevelop the industrial building into self-storage. Premier, according to its website, has developed 17 self-storage facilities and been involved...