Author Archives: Natalie Pelsor

Lease and loan agreements help cement future for One Metropolitan Square

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Exciting plans continue to unfold at One Metropolitan Square, a premier high-rise office building in downtown St. Louis.
JLL client The 601W Companies, which owns the 42-story office building, recently finalized a loan refinance for the property, and has committed to making a number of improvements, including a new coffee shop,… Read More

JLL’s Blaise Tomazic Weighs in on Commercial Real Estate Scene in STL

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The St. Louis Business Journal recently tapped JLL’s research manager, Blaise Tomazic for his expertise and knowledge about the St. Louis commercial real estate market. Blaise was one of six featured experts from the area who provided insight into today’s market conditions and how the St. Louis region stacks up when it comes to investment… Read More

Property Management Success Comes with Investing in Your Team

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As part of the JLL Property Management team, we pride ourselves on offering the very best support to our many clients across the world who place their trust in us to manage their expansive properties. Our goal with our clients is to be an optimal partner who is always interested in their overall success.

But, this… Read More

Where are the Workers?

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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

St. Louis Office Insight: Asking rents move up as quality space remains limited

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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

St. Louis Industrial Insight: Momentum continues into the new year

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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

New development fuels strong growth and investment in St. Louis

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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

St. Louis Industrial Construction Map

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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.

Industrial construction dashboard

var divElement = document.getElementById('viz1520533648825'); … Read More