Category Archives: Office

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… Read More

Office Market Gets Back on Track

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St. Louis Office Market Highlights:

  • Quarterly absorption totaled 160,764 square feet. Clayton and West County buoyed the market with 294,176 square feet of absorption.
  • The suburbs continue to carry the region. Class A asking rates in the suburbs are 29.7 percent higher than the CBD.
  • Healthcare and financial services firms are driving future activity, the two
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Five new places where you can find tech talent

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If you’re a technology company facing a real estate decision now, or in the near term, you’re likely looking at a challenging marketplace. JLL research reports:

  •  Competition for a limited talent pool is fierce.
  • Competition for a great location, also fierce.
  • Once you’ve picked a location, finding the right space is also
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Decline in St. Louis Bank Branches Significantly Less Than National Average

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Customer needs and technology are changing the way banks utilize brick and mortar branches. The ability to deposit checks, transfer money, and pay others by computer or cell phone is lessening the need for in-person banking. The result is fewer and smaller branches.

Since 2010 the number of bank branches in JLL markets has fallen by… Read More

Team JLL “Masters the Met” and Raises Funds for the American Lung Association

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After Climb Team Photo

Members of Team JLL, along with more than 1,000 participants, took part in the “Master the Met” race, a vertical challenge to the top of the Metropolitan Square Building, the tallest building in St. Louis. JLL St. Louis, which manages the building and also is headquartered… Read More