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
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
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
JLL’s Most Expensive Streets report reveals where office tenants pay top dollar
Just how much will companies pay to occupy one of America’s most desired office addresses? According to JLL’s 2017 Most Expensive Streets study, which looks at priciest U.S. office space, Forsyth in Clayton is one address with the most expensive rents… Read More
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
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… Read More
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… Read More
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… Read More