Category Archives: Capital Markets

Lease and loan agreements help cement future for One Metropolitan Square

0 CommentsBy

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

0 CommentsBy

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

Where are the Workers?

0 CommentsBy
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

0 CommentsBy

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

0 CommentsBy

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

St. Louis Industrial Construction Map

0 CommentsBy

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

David Branding Receives Top Honors

0 CommentsBy

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

Non-Traditional U.S. Cities Emerge as Hubs for Tech Talent and Start-ups

0 CommentsBy

A recently released report by JLL shows that STEM graduates are creating new talent pools in unexpected U.S. markets, many of which are located in the heart of the Midwest. While San Jose still tops the U.S. metros with the highest rate of science and math degrees, Columbus, Indiana and Huntsville,… Read More

Bank of America Plaza Designated as BOMA 360 Performance Building

0 CommentsBy

Property Demonstrates Best Practices in All Aspects of Management and Operations

Bank of America Plaza has been officially designated a BOMA 360 Performance Building by BOMA International according to JLL (NYSE: JLL), property manager for the downtown St. Louis building. The prestigious BOMA 360 designation recognizes commercial properties that demonstrate best practices in all aspects… Read More

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

0 CommentsBy
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… Read More