St. Louis MarketBeat Reports

David Hoebbel • 1/16/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent St. Louis MarketBeat reports below.


The U.S. economy ended the year on an optimistic note. Businesses continued to add jobs at a healthy clip. Employment in the key office-using sectors increased by 150,000 jobs in the fourth quarter. Consumer confidence remains high. Wages are rising faster than inflation, yielding extra spending power, reflected in the 18.8% increase in online shopping over the holiday season.

Current Marketbeats

Office MarketBeat Report
Q4 2019 St. Louis Office Report

Demand for high-end space in St. Louis continues to drive development activity as the market experienced the highest level of annual completions of the decade with over 1.1 million square feet of new office space delivered.

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Industrial MarketBeat Report
Q4 2019 St. Louis Industrial Report

St. Louis ended 2019 with a record-breaking 6.3 million square feet (msf) of new deliveries for the year, surpassing the previous record set in 2016 of 5.4 msf. 

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Retail MarketBeat Report
Q4 2019 St. Louis Retail Report

The St. Louis retail market recorded healthy market fundamentals as overall vacancy continued a downward trajectory throughout 2019, falling 100 basis points over the past three years to 6.0%. Year-to-date absorption reached positive 382,000 square feet (sf), surpassing 2018’s annual absorption of 76,000 sf, as tenant demand remained especially strong for neighborhood & community centers, which absorbed over 255,000 sf since the beginning of the year.

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Multifamily MarketBeat Report
Q2 2019 St. Louis Multifamily Report

Second quarter of 2019 saw vacancy decline roughly 50 basis points as compared to last year at this time, lifting effective rents to $920 in St. Louis.

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Featured Insights: Current U.S. MarketBeats

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
Q4 2019 U.S. Industrial MarketBeat Snapshot
MarketBeat • Industrial

Industrial Reports

After a slow start to the year, the industrial market finishes the decade strong.
Carolyn Salzer • 1/16/2020
Q4 2019 U.S. Retail MarketBeat Snapshot
MarketBeat • Retail

Shopping Center Reports

2019 ended on a positive note with consumer spending rising at a healthy pace and retail sales up.
Garrick Brown • 1/17/2020

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