| For more information, contact: |
Jim Alexander
Vice President for Business Recruitment
One Metropolitan Square, Suite 1300
St. Louis, MO 63102
PH: 314-444-1135
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Looking for available real estate in the St. Louis metro? We provide you with the option to find the right property in our area. The property search database is generated by economic development professionals throughout the region. This database will help you get started and our site-selection services can help you take the next steps. If you’d prefer personalized assistance, contact Jim Alexander directly for a customized real estate report.
If you are interested in a LEED-certified building, the St. Louis region has many options. Click here for more information.
One of the hottest markets in recent years has been downtown St. Louis. More than $4.2 billion has been invested since 1999 in a variety of projects; from loft condominiums and apartments to new and rehabbed office buildings and hotels to a federal courthouse. In addition, the new Busch Stadium was completed in 2006.
Ongoing land developments in both the Missouri and Illinois portions of the region are making significant commercial and industrial sites available as never before across the region. Contact us for more details.
Office and Industrial Real Estate Information
| Office Market by Submarket |
| Market |
Office-Total
RBA (sq ft) (i) |
Office-Quoted
Rates (i) |
Industrial-Total
RBA (sq ft) (ii) |
Industrial-
Quoted Rates (ii) |
| Illinois |
9,436,544 |
$16.58 |
35,779,845 |
$3.71 |
| St. Louis City |
43,773,197 |
$16.13 |
82,327,952 |
$3.22 |
| Central County |
30,931,005 |
$19.94 |
28,505,565 |
$4.49 |
| North County |
14,272,594 |
$16.77 |
43,667,345 |
$3.89 |
| South County |
8,436,370 |
$19.36 |
17,945,075 |
$4.83 |
| West County |
13,183,785 |
$21.00 |
25,496,544 |
$5.61 |
| St. Charles County |
9,656,855 |
$15.66 |
28,164,390 |
$4.54 |
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| Office Market by Class |
| Market |
St. Louis, MO-IL MSA
Office-Total RBA (sq.ft.) (i) |
St. Louis, MO-IL MSA
Office-Quoted Rates (i) |
U.S. Office-
Quoted Rates (iii) |
| Class A Market Statistics |
38,433,296
|
$21.83
|
$26.85
|
| Class B Market Statistics |
58,640,051
|
$16.72
|
$19.56
|
| Class C Market Statistics |
312,617,478
|
$14.24
|
$16.04
|
| Total/Average |
129,690,825
|
$17.97
|
$21.59
|
|
| Industrial Market by Type |
| Market |
St. Louis, MO-IL MSA
Industrial-Total RBA (sq.ft.) (ii) |
St. Louis, MO-IL MSA
Industrial-Quoted Rates (ii) |
U.S. Industrial-
Quoted Rates (iv) |
| Flex |
14,807,331
|
$8.92
|
$9.95
|
| Warehouse |
247,464,250
|
$3.86
|
$4.55
|
| Total/Average |
262,271,581
|
$4.05
|
$5.11
|
Sources:
(i) "The CoStar Office Report, St. Louis Office Market. Fourth Quarter 2011," CoStar Group, Inc., 2012, p.10.
(ii) "The CoStar Industrial Report, St. Louis Industrial Market, First Quarter 2011," CoStar Group, Inc., 2012, p. 9.
(iii) "the CoStar Office Report, National Office Market, Fourth Quarter 2011," CoStar Group, Inc., 2012, p. 23, 26, 29.
(iv) "The CoStar Office Report, National Industrial Market, Fourth Quarter 2011," CoStar Group, Inc., 2012, p. 21, 24, 27. |
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