How the worst labor shortage in U.S. history is impacting the economy.
A new report by JLL points to a looming problem for the commercial real estate market: A labor shortage that leaves vital jobs unfilled and whose effects ripple across the economy.
As of January 2018, a record 6.3 million positions… Read More
The first quarter of 2018 brought negative absorption to the region for the first time since 2014. However, overall fundamentals remain strong, unemployment is below 4.0 percent and office occupying job growth continues to outpace the rest of the region. Both Kellwood and The Art Institute downsized this quarter, both vacancies are over 30,000 square… Read More
We are proud to announce two promotions in our St. Louis office. David Branding has been promoted to managing director of industrial real estate and Ed Backer to vice president of office landlord and tenant representation.
Fundamentals remain strong in the first quarter of 2018. Employment in
industrial-occupying industries has risen year-over-year for 59 consecutive
months, increasing 8.1 percent in that time. Manufacturing employment
should see a boost as the Granite City steel plant in the Metro East is planning
to add 500 jobs after re-opening one of its two blast furnaces.
The region absorbed just under a million square feet in the first quarter.
Vacancy remains at… Read More
Hot off a record-setting year, St. Louis’ industrial market is continuing to fuel new growth and development across the region, according to research by JLL. For the third consecutive year, absorption in St. Louis’ industrial market kept pace with new construction. Since 2015, the market has both absorbed and built more… Read More
Since the beginning of 2015, the St. Louis industrial market has both absorbed and built more than 12 million square feet of space. In this new, interactive dashboard, you can filter and analyze all the construction that has occurred across the region since 2014.
var divElement = document.getElementById('viz1520533648825'); … Read More
David Branding, SIOR, executive vice president, leads JLL’s St. Louis industrial real estate and supply chain and logistics platform. With more than 20 million square feet of industrial real estate transactions valued at more than $550 million, David has for a second time earned JLL’s top honors, the Top Gun Award.… Read More
Mobility and optimization continue to drive banking trends across the U.S. as increased numbers of customers grow more accustomed to moving money and performing basic financial transactions electronically.
As this trend continues to evolve, banks are responding with decreased branches and more innovative solutions for meeting their customers within their… Read More
Food Hall Brings New Dining Options to Downtown St. Louis
ST LOUIS, January 24, 2018 – JLL’s retail experts announced today The Eatery, a new food hall dining destination, will open for business on the ground floor of One Metropolitan Square on Monday, January 29th at 10 a.m.