19 offices: St. Louis, MO

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Experience of offices in St. Louis, MO
4.5 (264 votes)

Picking up in St. Louis

St. Louis, MO Map
The city is in close proximity to one-third of the country’s population, which makes it an easily reached destination point for the conference or convention visitors. It is also at a short distance to the largest concentration of manufacturing, warehousing, transportation, and other giant industries. For any truck, it would take only one day to reach Kansas, Nashville, Memphis, Chicago, and alike.

Office space rental market in St. Louis

Clayton is the most sought-after location in the city. The vacancy rates for Class A properties are as low as 5%. As downtown is going vertical with the new developments, much of demand is concentrated there, too. Yet, unlike other metros, the city center in St.Louis is not as popular among the tenants. Drive time is a critical factor for the locals. Therefore, they look for office space for lease outside St. Louis’ central area to avoid traffic jams as much as possible. Ultimately, Clayton and West County demonstrate the highest velocity of the markets for office users. Lots of new facilities are created to cater to healthcare tenants, as this industry is on the rise in the city. Asking rates for serviced offices differ across St. Louis’ submarkets with the top numbers in South County, where one sq.ft. would cost nearly $8, to Mid County, where the asking rate is about $3. The price range is mostly affected by the limited inventory supply. The total market is also largely impacted by the presence of over 30 distribution centers with companies that occupy more than 500,000 sq.ft. Unilever, Amazon, FedEx, GM, and other corporate giants have chosen the metro to locate their operations.

St. Louis’ offices from the investors’ perspective

The commercial real estate market is filled with the out-of-state players, while local-raised ones account for only 13-14% of all deals. As the new projects pop out, the developers gain more bargaining power over the tenants in the emerging submarkets such as Clayton, West County, Creve Coeur, and alike. At the same time, the tenants are more powerful in regards to the downtown-set sites. The construction costs are also increasing due to the lack of workers, leading to the organic rise of asking rates for the offices for rent in the new St. Louis’ projects, which are located outside the city, however. The market overall is a very safe bet, as there is a limited oversupply. It’s rare for the city that it has too much product or a new spec development. Therefore, unlike Dallas, Houston, and other cities, where new developments pop out every four years and depress the market as well as rental fees, there is no such issue in St. Louis, making it an excellent destination for those seeking small office space for rent.

FAQs about location

🅿️ What offices in St. Louis, MO provide parking facilities to the customers?
📞 What offices in St. Louis, MO propose phone answering services?
Olive Boulevard, 12747, Suite 300, 63141 St. Louis, MO offer phone answering services to tenants.
🏬 What offices in St. Louis, MO offer the possibility to place the private company sign?
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Added! You will find your saved favorites under the page “Favorites”.

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Added! You will find your saved favorites under the page “Favorites”.

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Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

Added! You will find your saved favorites under the page “Favorites”.

Looks like page with the favourite leases is full. Please remove irrelevant leases from the page to add new ones.

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You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
Lease is provided for “Comparison”
You can compare up to 4 items at a time.
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