• Missouri unemployment hits 50-year low; descending to 3% while St. Louis MSA unemployment sits at a healthy 3.2%.
  • The Mid-County/Clayton submarket remains the tightest submarket with vacancy at 5.1% and an average direct asking rate of $24.36 per. sq. ft.
  • Class A vacancy in the Clayton district tightens to 3.2% while the average Class A asking rate has reached $30.38 per. sq. ft.
  • The St. Louis Post-Dispatch has announced plans to relocate its headquarters from 900 N Tucker Blvd one block south to 901 North 10th Street. 
  • In October, Chicago-Based Franklin Partners acquired Corporate Hill IV in Des Peres, MO within the West County Submarket. The Class A building was formerly occupied by Scottrade.
  • Local law firm Capes Sokol signed a new 34,000 sq. ft. lease at the 14-story, Class A Regions Centre in Downtown Clayton.