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stl-Amazon-HLC-copy (3) Amazon agreed to occupy this new spec building, built by NorthPoint Development, at Hazelwood Logistics Center in the North County submarket.

ST. LOUIS—Industrial development has surged in the St. Louis metro area, and much like many other Midwest regions, supply and demand seem to be in balance. According to a new report from Cushman & Wakefield, the market recorded 2.2 million square feet of positive absorption in the second quarter of 2018, and as prices and rents keep rising, developers plan to soon launch several large buildings.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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