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Read moreStock Legal founder and Legal Back Office co-founder Sara Stock has acquired the historic 4709 Delmar Blvd building in St. Louis, formerly the Mavrakos Candy Company headquarters, to transform it into a dynamic new mixed-use hub.
FOR IMMEDIATE RELEASE
ST. LOUIS, MO – October 29, 2025 - Stock Legal founder and Legal Back Office co-founder Sara Stock has finalized the purchase of 4709 Delmar Blvd, reviving a historic St. Louis icon with the vision for a dynamic new legal, retail, and entertainment hub. This landmark property—built in 1926 for the legendary Mavrakos Candy Company—will soon be home to Stock Legal, Legal Back Office, and the new legal co-working concept, Counselor’s Collective. The transformation includes versatile leasable spaces for restaurants, coffee shops, retail, creative offices, and a gym, signaling a vibrant future for the area.
A Triumph of Preservation and Innovation
Sara Stock’s acquisition marks the end of a five-year vacancy and decades of adaptive reuse, returning an architectural treasure to community vitality through a complex deal involving federal and state historic tax credits, new market tax credits, and a dedicated team of partners.
Storied History Meets Modern Momentum
Originally a factory, warehouse, and retail headquarters for Mavrakos Candy, the property was later home to Brown Kortkamp real estate and even mini storage before years of neglect. Sara Stock’s project is not just a real estate transaction—it’s a commitment to revitalizing St. Louis heritage. The renovation will restore the building’s former glory, maintaining elements of its distinctive architecture while creating flexible spaces for business and community growth.
Project Partners Driving Success
This milestone was achieved with an expert team: Development Consultant ONYX DCI, Owner Sara Stock , Osnova as architect, Kenrick Design and Construction as contractor, Peoples National Bank providing construction and bridge lending, U.S. Bancorp as New Markets and Historic Tax Credit equity partner, Historic Equity, Inc as SHTC equity partner, St. Louis Development Corporation as the Community Development Entity providing the tax credit allocation for the project, Stock Legal as legal counsel, and historic tax credit consultant Karen Bode Baxter.
“This project is another pivotal step in our mission to bridge the Delmar Divide and create vibrancy along the corridor. This investment in this underutilized space fosters economic opportunity and growth north of Delmar,” said Otis Williams, interim SLDC president and CEO.
Arch to Park Equity Fund, which coordinates with Greater St. Louis, Inc., sold the building to Stock after selecting her proposal from several submitted to adaptively reuse the property.
“We are excited to be a part of revitalizing this critical corridor and bring new investment north of Delmar,” said Dustin Allison, Interim CEO of GSL. “We hope this drives additional growth and serves as a hub for the surrounding community.”
The Vision Ahead
Combining history with entrepreneurial energy, Stock Legal and Legal Back Office will be headquartered onsite, while the new Counselor’s Collective co-working space will foster a collaborative legal community. Planners anticipate a thriving blend of restaurant, retail, office, and fitness concepts to complete the transformation, establishing 4709 Delmar as the centerpiece of St. Louis’s next chapter.
About Stock Legal Stock Legal is a boutique corporate law firm providing sophisticated and practical legal counsel to businesses, entrepreneurs, and investors across a variety of industries. The firm specializes in corporate transactions, mergers & acquisitions, real estate, and general business law, focusing on delivering strategic, results-driven advice that supports the full lifecycle of a business. https://www.stocklegal.com/
About Legal Back Office Legal Back Office (LBO) is a trusted service partner for law firms across the US. LBO powers firm growth by managing critical non-legal functions, including Strategic Planning, Accounting, Marketing, Managed IT Services, and HR. By handling the complex business operations of law firms, LBO allows attorneys to focus on the core practice of law and client service. https://www.legalbackoffice.com/
The OBBBA changed one facet of estate planning. Now is the perfect time to review your existing plan.
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Bob Craddick is a seasoned corporate attorney who assists businesses with operations, growth, and transactions, drawing on a diverse legal career that includes 20 years as a prosecutor and experience as an in-house corporate counsel. He leverages his extensive background in both trial and corporate law to help clients achieve their business goals while proactively preventing potential issues.
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