Commercial Real Estate & New Construction

With over 130 million square feet of office space and more than 270 million of industrial space, Greater St. Louis offers commercial real estate options to meet every business need.  From Class-A office space in premier submarkets to warehousing and manufacturing facilities with excellent access to the national market, commercial properties in the region offer highly competitive rental rates.

For help finding a property or site that fits your requirements contact:

Jim Alexander
Senior Vice President Economic Development
314 444-1135

Links to St. Louis Commercial Real Estate Market Reports and Property Search tools:

CB Richard Ellis Inc.
Research
Property Search

Colliers
Research
Property Search

Cushman & Wakefield
Research
Property Search

Gershman Commercial
Research
Property Search

Jones Lang LaSalle
Research
Property Search

LocationOne Information System
Research
Property Search

NAI DESCO
Research
Property Search

Pace Properties
Property Search

Society of Industrial and Office Realtors (SIOR) 
SIOR St. Louis



Office and Industrial Real Estate Information

Office and Industrial Markets
by Selected Submarkets

Fourth Quarter 2017

Market

Office Market

Industrial Market

RBA (sq ft)

Quoted Rates

RBA (sq ft)

Quoted Rates

Illinois

11,570,061

$17.00

43,899,172

$4.15

St. Louis City

44,206,254

$16.49

74,819,291

$3.19

Central County

31,089,722

$21.32

27,622,716

$5.81

North County

15,035,896

 

$16.09

51,112,435

$4.57

South County

7,619,425

$21.47

18,266,328

$5.83

West County

13,794,557

$22.73

26,062,053

$6.72

St. Charles County

9,607,551

$17.08

30,437,897

$5.61

Total

132,923,466

$132.18

272,219,892

$35.88

Source: CoStar


Office Market by Class
Fourth Quarter 2017

St. Louis, MO-IL MSA

U.S.

Property Markets

Inventory
(sq ft)

Quoted Rates

Quoted
Rates

Class A

42,380,098

$21.59

$31.22

Class B

                               59,706,186                                         

$17.61

$22.16

Class C

30,837,182

$14.71

$18.24

Total

132,923,466

$53.91

$71.62

Source: CoStar

Industrial Market by Property Type
Fourth Quarter 2017

Property Markets

St. Louis, MO-IL MSA

U.S.

Inventory
(sq ft)

Quoted Rates

Quoted
Rates

Flex

16,399,924

$9.78

$12.43

Warehouse

255,819,968

$4.27

$5.72

Total

272,219,892

$14.05

$18.15

Source: CoStar


Construction

Greater St. Louis continues to be recognized nationally for the restoration and adaptive reuse of its historic buildings.  However, this is just one example of the strength of the region’s construction industry. 

St. Louis is home to hundreds of contractors, construction managers, and specialty contractors with national and international construction experience.  We have a highly skilled labor pool with excellent state-of-the art training facilities.

Yet, national construction cost data consistently shows St. Louis construction costs are slightly above the national average. In 2017, St. Louis had a composite index score of 101.7 (the national average is 100). This is remarkably low for a metropolitan area of our size.

Examples of recent, award-winning construction projects by area firms in specific categories such as healthcare, education, and industrial are highlighted at the Associated General Contractors website and the 2018 AGC Awards Gala Digest featuring keystone awards and specialty contractor of the year awards.