Office Vacancy in Clayton Hits Record Low

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JLL’s Dave Biales sheds light on St. Louis’ office market and continued tightening in the Clayton market. Check out the story in today’s St. Louis Business Journal.

 

 

 

 

 

 

 

 

Office vacancy rates in Clayton hit record low… Read More

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JLL’s David Branding Talks Industrial Revolution and Effects of E-Commerce

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MICHAEL THOMAS FOR SLBJJones Lang LaSalle's David Branding said e-commerce and logistics have driven industrialgrowth in St. Louis.

Photo Credit:  Michael Thomas for SLBJ

A new industrial revolution, spurred on by e-commerce, is sparking growth in St. Louis real estate, according to David Branding, executive vice president for the St. Louis industrial brokerage at JLL, which had $6.8 billion in global revenue in 2016.… Read More

Can Blockchain Technology Transform Supply Chains?

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Blockchain is a new technology that can help organizations connect to each other across platforms. It combines records into one digital system that everyone can view and add to at any time. While the financial services sector was the first to embrace blockchain, it’s now also gaining interest from the logistics industry… Read More

Clayton and West County Continue to Drive Office Growth

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JLL’s Q3 office insight for St. Louis shows that office absorption has topped 100,000 square feet, bringing the vacancy rate to 12.5 percent. JLL (NYSE: JLL) reports year-to-date absorption in Clayton and West County have combined for 480,000 square feet while the other four submarkets (Downtown, South County, St. Charles County, and Northwest County) are in… Read More

JLL’s David Branding Weighs in on Commercial Real Estate Scene in STL

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The St. Louis Business Journal recently tapped JLL’s executive vice president David Branding for his expertise and knowledge about the St. Louis commercial real estate market. David was one of four featured experts from the area who provided insight into today’s industrial market conditions and how the St. Louis region stacks up when it comes to… Read More

Favorable Startup Conditions Are Plentiful in St. Louis

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 Crunchbase News recently ranked St. Louis as the fourth best city in the Midwest for “entrepreneurs and investors.” While Chicago pulled away from the pack and led all five major categories, St. Louis finished in the top five in four of them. Some highlights have St. Louis startups taking in $579 million of funding since 2015. Our city… Read More

Back to School 2017

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It may seem like school just went out on recess, but summer is nearly over and families across the U.S. are gearing up for the back-to-school season. JLL’s Back-to-School Consumer Shopping Survey looks at how parents are budgeting for the season, where they buy clothing and supplies and the most important factors influencing… Read More

St. Louis Job Market is Strong; Sees All-Time Highs in Employment

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Q2 2017 reports from JLL St. Louis indicate that the region’s job growth remains on the upswing. St. Louis’ unemployment rate has been below 5.0 percent for nine consecutive months now; its longest streak since 2001. In the past 12 months, the market’s education, healthcare and professional service sectors have added more than… Read More

A lot Can Change in Five Years

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In 2012 everyone was singing “Call Me Maybe” and dancing to “Gangnam Style.” But for the St. Louis industrial market, everything was not so upbeat. Vacancy was 9.1 percent, new construction was non-existent, and 18 spaces over 200,000 square feet were available. The market was showing signs of turning, having absorbed one million square feet. Little did everyone know, 2012 marked the beginning of a huge market expansion. Since then, the market has absorbed… Read More