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St. Louis Market Reports

St. Louis Office Market

Average Asking Rent (Price/SF)                $18.76
Vacancy Rate (%)         11.2%
Net Absorption (SF)       75,418

The St. Louis office market saw an increase in asking rents during the second quarter of 2017, while overall vacancy decreased, falling 20 basis points. The market experienced 147,059 square feet of net absorption during the quarter and 1.2 million square feet over the past four quarters. A total of 335,000 square feet of product is currently under construction.

St. Louis Industrial Market

Average Asking Rent (Price/SF) $4.51
Vacancy Rate (%) 6.4%
Net Absorption (SF) 539,792

The St. Louis industrial market was active in the second quarter of 2017 as 539,792 square feet was absorbed. Overall vacancy increased 20 basis points from the prior quarter to 6.4%, while average quoted rents increased from $4.43/SF to $4.51/SF. A total of 1.8 million square feet of space delivered to the market during the quarter, while projects under construction remained significant, with 2.9 million square feet of product planned for delivery.

St. Louis Office Market Report
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St. Louis Industrial Market Report
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St. Louis Retail Market Report
Summer 2017
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