St. Louis

News

Former Auto Plant Coming Back to Life

Brian J. Rogal | July 24, 2018

Logistics and warehouse users are clamouring to lease space at what had been a Chrysler plant.

Thought Leadership

St. Louis Industrial Surging Into 2019

Brian J. Rogal | July 19, 2018

Prices and rents keep rising, and developers plan to soon launch several large spec buildings.

Millennials Struggle to Afford Downtown Prices

Brian J. Rogal | July 02, 2018

Most say they prefer to live near their job, ahead of living close to friends and family, or near entertainment, dining and shopping.

St. Louis Gets Off to Strong 2017 Start

Brian J. Rogal | April 19, 2017

ST. LOUIS—The industrial market had a historic 2016, and that momentum has carried over into the new year.

St. Louis Seniors Housing Gets a Boost

Brian J. Rogal | March 29, 2017

ST. LOUIS—By the end of this summer, Chicago-based SLC will have completed about $71 million in new housing for seniors.

Midwest CBDs Coming Back to Life

Brian J. Rogal | March 03, 2017

ST. LOUIS—MLK Real Estate Capital recently arranged for nearly $20 million in financing for the Railway Exchange Building here, one of several historic structures undergoing a transformation.

St. Louis Industrials Reach a 30-Year Peak

Brian J. Rogal | January 25, 2017

ST. LOUIS—The metro area is just one of several in the Midwest that has benefitted from the robust demand for new, class A distribution centers.

St. Louis Metro Set for Largest Retail Project Since 2008

Brian J. Rogal | November 21, 2016

ST. LOUIS—Retailers seem eager to locate in the western suburbs of St. Charles County.

Vacant Chrysler Plant Getting Second Life

Brian J. Rogal | October 26, 2016

ST. LOUIS—KP Development plans to fill the Fenton, MO site with facilities for manufacturing, logistics, office, flex space, retail, restaurants and hotels. 

Middle Market Digest-The Midwest

Brian J. Rogal | October 25, 2016

CHICAGO—A roundup of the latest deals, transactions, and trends in the Midwest.

Cushman & Wakefield Adding 600 Jobs to St. Louis

Brian J. Rogal | October 17, 2016

ST. LOUIS—The company will expand its global occupier services and property client accounting groups, which serve national and global clients.

Avison Young Plants Flag in St. Louis

Brian J. Rogal | October 04, 2016

ST. LOUIS—The company has made a concerted effort in the past few years to expand its operations throughout the US.

St. Louis Industrial Having a Historic Year

Brian J. Rogal | September 27, 2016

ST. LOUIS—Cushman & Wakefield projects that users will absorb about 5.4 million square feet of space by the end of the year.

Suburban Clayton Bringing in Tenants

Brian J. Rogal | August 22, 2016

ST. LOUIS—Leasing activity in the west suburbs has been quite active, sending vacancy rates below 10%.

Ten-X to Sell St. Louis Metro Office Complex

Brian J. Rogal | August 17, 2016

ST. LOUIS—Recent office sales in the region inclwude two class A properties in Westport, MO, which ere purchased by Enterprise Holdings for roughly $38.5 million.

Industrial Development Hitting a High in St. Louis

Brian J. Rogal | June 15, 2016

ST. LOUIS-The metro area is becoming a major distribution market, and several giant projects are ready to go

Retailers Growing More Comfortable with US Economy

Brian J. Rogal | May 20, 2016

ST. LOUIS—GBT has launched several significant projects after hearing from retailers that they are ready to sign leases for space in new shopping centers.

Downtown St. Louis Bringing in Creative Office Users

Brian J. Rogal | April 29, 2016

ST. LOUIS—The migration of suburban companies to the nation’s CBDs has spread nationwide, including cities like St. Louis, where downtown has struggled.

Downtown St. Louis has Good Quarter, but Questions Remain

Brian J. Rogal | April 15, 2016

ST. LOUIS—Its 1Q performance was at least equal to some suburban submarkets, but several major tenants are set to leave.

Colliers Expands Midwest Investment Sales Platform

Brian J. Rogal | March 24, 2016

CHICAGO—The company has recently made some key acquisitions in St. Louis, Indianapolis and Dallas, and now has a new set of leaders to deepen its presence in the region.

Equus Sells Off Suburban Multifamily Property

Brian J. Rogal | February 17, 2016

ST. LOUIS—The Philadelphia firm has sold off a number of properties here, but has also bought several other well-located communities.

St. Louis Class B Offices Becoming Homes

Brian J. Rogal | January 28, 2016

ST. LOUIS—Owners and investors are on the lookout for opportunities to redevelop historic office buildings near the downtown into residences.

St. Louis Industrial Market Shows Strength

Brian J. Rogal | January 20, 2016

ST. LOUIS—After seeing its vacancy rate plunge far below the historical average, developers have launched a set of new projects with millions of square feet.

Women-Owned Cos. Get Coworking Space

Brian J. Rogal | December 30, 2015

ST. LOUIS—This is the first co-working space of its kind for the St. Louis metro area.

Clayton, MO Gets More National Attention

Brian J. Rogal | October 22, 2015

ST. LOUIS—Although it's a suburb of St. Louis, the small city has one of the most vibrant office markets in the US, and is now bringing in multifamily developers.

St. Louis Industrials Having a Banner Year

Brian J. Rogal | October 08, 2015

ST. LOUIS—It might not measure up to the historic progress in 2014, but in the first three quarters of 2015, industrial users are setting a blistering pace of absorption.

Catamount Gets 162% Return on Multifamily

Brian J. Rogal | September 17, 2015

ST. LOUIS—While many investors concentrated on the top core markets during the downturn, the Dallas firm saw opportunities in second-tier markets like St. Louis.

St. Louis Offices Bring In Big Money

Brian J. Rogal | September 09, 2015

ST. LOUIS—When class A office properties here hit the market, especially those in the suburbs, national investors pay attention.

Colliers Acquires Ex-C&W Firm in St. Louis

Brian J. Rogal | September 02, 2015

ST. LOUIS—The recent merger between DTZ and Cushman & Wakefield has caused reshuffling here as a local real estate firm decides to join the Colliers network.

Duke Taps Hrubes to Lead St. Louis

Brian J. Rogal | August 31, 2015

ST. LOUIS—He will handle the existing 3.8 million square foot industrial portfolio, as well as new build-to-suit development.

Stanton Road Buys St. Louis Deloitte Building

Brian J. Rogal | August 23, 2015

ST. LOUIS—The downtown market here has popped up on the radar screens of out-of-town investors.

Centene Leases Timberlake Corporate Center

Brian J. Rogal | August 18, 2015

ST. LOUIS—The pendulum has swung in favor of landlords in much of the St. Louis region, and many local companies are expanding.

Koch Appoints Colliers to Manage 1M SF

Brian J. Rogal | August 08, 2015

ST. LOUIS—It's a major assignment for the St. Louis Colliers office, which now has about 3M SF in its property management portfolio.

St. Louis Getting Another Giant Ind. Spec

Brian J. Rogal | August 05, 2015

ST. LOUIS—The two latest industrial specs in this growing market will have 36' clear heights, a sign that tenant demands are changing.

Panattoni Dev. Co. Launching 770K Spec

Brian J. Rogal | August 02, 2015

ST. LOUIS—Until this year, the region had not seen any new speculative industrial space since 2007.

Crowdfunder Selequity in Alliance with VRE

Brian J. Rogal | July 14, 2015

ST. LOUIS—The team behind Cassidy Turley launched Selequity, an online platform for accredited investors, earlier this year, and has completed its first funding test and formed an alliance with a St. Louis lender.

St. Louis Office Surges Ahead in 2Q

Brian J. Rogal | July 13, 2015

ST. LOUIS—For the third consecutive year, St. Louis posted over 265,000 square feet of absorption in the second quarter, according to DTZ.

Limited Space Drives Up Trophy Rents

Brian J. Rogal | June 23, 2015

ST. LOUIS—The steadily declining vacancy rate makes it possible that developers will put up a spec building, at least in the suburbs, in 2018.

ULI: Revitalize Historic Railway Building

Brian J. Rogal | June 19, 2015

ST. LOUIS—The 1.2 million square foot structure has been vacant since 2013 when the Famous-Barr flagship store closed, and TRex, a technology incubator, moved out.

JLL Names New Leader for St. Louis Market

Brian J. Rogal | May 03, 2015

ST. LOUIS—The downtown has lagged behind a few select suburban markets, butDavid Steinbach says that may be about to change.

St. Louis Ind. Market Set for Big Expansion

Brian J. Rogal | April 06, 2015

ST. LOUIS—Developers have more than 2 million square feet under construction, with even more planned for the rest of the year.

Giant Metro East Spec All Leased Up

Brian J. Rogal | April 02, 2015

ST. LOUIS—The metro region has not seen an industrial spec building since 2007, but the lease-up of this big distribution building at Gateway Commerce Center certainly proves how strong the market has become.

Rams Exit Could Damage St. Louis CRE

Brian J. Rogal | March 25, 2015

ST. LOUIS—In the last year, there has been talk about the Rams leaving St. Louis and re-locating to another city, perhaps Los Angeles, and today former Ram and president of Lee & Associates Tom Homco discusses what that would mean to St. Louis and the CRE market.

Developers Disaster-Proof a Hospital

Brian J. Rogal | March 11, 2015

JOPLIN, MO—After the one of the deadliest tornadoes in US history, the city of Joplin needed to replace its hospital, but this time it needed one that would withstand the storm.

Hunt Refinances a St. Louis Multifamily

Brian J. Rogal | February 10, 2015

ST. LOUIS—Fannie Mae has recently provided several significant loans for older properties in this city.

ElmTree Buys 4 Sites; Hits $420M Value

Brian J. Rogal | February 03, 2015

ST. LOUIS—The St. Louis-based net lease fund also has nine other properties under contract or with non-binding letters of intent.

St. Louis has Record-Breaking Year

Brian J. Rogal | January 29, 2015

ST. LOUIS—Both the industrial and office sectors saw a great deal of activity, and DTZ researchers expect development to accelerate in 2015.

Berkeley Secures $15M for Cedarhurst

Brian J. Rogal | January 28, 2015

ST. LOUIS—Many providers of seniors housing want to expand, and this refinance will help Cedarhurst of Shiloh build independent living cottages.

Suburban Clayton Attracting National Interest

Brian J. Rogal | January 12, 2015

ST. LOUIS—In this UPDATE, Brett Merz of KBS tells GlobeSt.com that the REIT finds suburban Clayton one of the most attractive submarkets in the US.

Crowne Plaza St. Louis Hotel Sold

Brian J. Rogal | January 11, 2015

ST. LOUIS—The new owners will transform the 29-story building into a combined boutique hotel and residential tower, one of several such projects underway in the CBD.