Downtown East Industrial

Downtown East

Office Space Market Report

Number of Listings (last 90 days)
42
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
8,100
As of: July 21, 2017

Downtown East Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown East submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $2 per sqft per year. That's a 7% increase in rent.

Compared to the rest of the St. Louis market, the Downtown East region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Downtown East Listing Supply

In the last 90 days, 42 listings have been posted online, so you'll want to check back regularly for new listings. About 138% of the available leases in the Downtown East are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 10,000 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are approximately 5 floors. Most buildings in this market were built in 1966 and are Class A.

Downtown East Community

This area is fairly equally mixed residential and commercial. Utilities is the dominant industry in this region. Most of the residents of Downtown East work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown East.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown East.
Research