Sansone Group
Since 1956
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For over 68 years, Sansone Group has combined family values with national expertise.

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Market Intelligence

Markets
Market Intelligence

St. Louis
Market Reports

Comprehensive commercial real estate market data and analysis for the Greater St. Louis metropolitan area.

4.2%
-0.3% YoY
Industrial Vacancy
12.8%
-1.1% YoY
Office Vacancy
$7.45
+4.2% YoY
Avg Industrial Rent/SF
93.5%
+1.8% YoY
Multifamily Occupancy
Sectors
Sector Analysis

Market By Sector

Strong
Industrial

Industrial and Logistics

Continued strong demand driven by e-commerce and supply chain nearshoring. New construction remains active in key corridors.

4.2%
Vacancy
$7.45
Avg Rent/SF
Recovering
Office

Office and Flex

Flight-to-quality trend accelerating as tenants upgrade to Class A space. Suburban markets outperforming CBD.

12.8%
Vacancy
$22.50
Avg Rent/SF
Stable
Retail

Retail and Shopping Centers

Experiential retail driving leasing activity. Grocery-anchored centers remain top performers with low vacancy.

6.1%
Vacancy
$15.80
Avg Rent/SF
Strong
Multifamily

Multifamily and Apartments

Strong rent growth and occupancy across the metro. New deliveries being absorbed quickly in prime submarkets.

93.5%
Occupancy
$1,285
Avg Rent
Growing
Development

New Development Pipeline

Active development pipeline across industrial and multifamily sectors. Build-to-suit demand remains robust.

2.1M
SF Under Construction
1,200
Units Planned
Opportunity
Investment

Capital Markets and Investment

Institutional interest growing in St. Louis metro as cap rates remain attractive relative to coastal markets.

6.8%
Avg Cap Rate
$1.2B
Transaction Vol
Market Outlook

St. Louis CRE
Outlook 2026

The Greater St. Louis commercial real estate market continues to demonstrate resilience and opportunity. Industrial and multifamily sectors lead growth, while office markets show encouraging signs of recovery driven by flight-to-quality trends.

As a firm with nearly seven decades of local expertise, Sansone Group is uniquely positioned to help investors and tenants navigate this evolving landscape.

  • Industrial vacancy at historic lows, fueled by logistics demand
  • Multifamily rent growth outpacing national averages
  • Office flight-to-quality creating Class A opportunities
  • Retail recovery strongest in grocery-anchored centers
  • Cap rate compression making STL attractive vs. coastal markets
  • Development pipeline focused on industrial and multifamily
  • Foreign and institutional capital increasing market activity

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Analysis?

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