Why implement your industrial space in St. Louis?
St. Louis boasts a thriving market for industrial space for lease, catering to a diverse range of businesses and industries. The city offers a wide selection of options, including warehouses, manufacturing facilities, distribution centers, and logistics hubs.
With its central location in the Midwest, St. Louis provides excellent connectivity to major transportation routes, making it an ideal hub for logistics and distribution operations. The city's robust infrastructure, skilled workforce, and favorable business environment further contribute to its appeal for industrial leasing. Whether businesses require expansive square footage, specialized facilities, or proximity to key markets, St. Louis offers a range of industrial spaces for lease to accommodate various operational needs.
How much does it cost to rent an industrial space in St. Louis?
The cost of renting an industrial space in St. Louis can vary depending on factors such as location, size, amenities, and specific requirements. The average rental rates for industrial space in St. Louis range from approximately $4 to $9 per square foot per year.
To read: our St. Louis MarketBeat Industrial report analyzes quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Are industrial space rents likely to increase in St. Louis?
The rental market in St. Louis is subject to change, but the city has seen steady growth in recent years. While rent increases can't be predicted with certainty, it's important to keep an eye on market trends when considering an industrial space for lease in St. Louis.
Popular neighborhoods in St. Louis?
St. Louis offers several popular neighborhoods for leasing industrial space, each with its own advantages and characteristics. Some of the popular neighborhoods in St. Louis for industrial leasing include:
- Downtown St. Louis: The downtown area provides convenient access to major highways and transportation networks, making it a sought-after location for industrial operations. It offers proximity to the central business district and has a mix of warehouses and industrial buildings suitable for various industries.
- Soulard: Located just south of downtown, Soulard is a historic neighborhood with a mix of residential and industrial spaces. It offers easy access to major highways and is known for its charm and character, making it an attractive option for businesses seeking industrial space with a unique atmosphere.
- North Riverfront: Situated along the Mississippi River, the North Riverfront neighborhood is known for its industrial infrastructure. It provides easy access to river transportation and has a range of industrial spaces, including warehouses and manufacturing facilities.
- St. Louis Hills: Located in southwest St. Louis, St. Louis Hills offers a mix of residential and industrial areas. It has a variety of industrial properties available for lease, particularly for businesses looking for light industrial operations.
- The Hill: The Hill is a vibrant neighborhood known for its Italian-American heritage and rich culture. It offers a mix of industrial spaces suitable for different purposes, such as small manufacturing, distribution, or specialty operations.
Getting to and from St. Louis?
St. Louis, located in the Midwestern United States, can be easily accessed by several transportation options.
- By Air: The city is served by the Lambert-St. Louis International Airport (STL), which is located approximately 13 miles from downtown St. Louis. The airport is well-connected to several domestic and international destinations and offers ground transportation options such as rental cars, taxis, ride-sharing services, and public transportation.
- By Car: St. Louis is located at the intersection of several major highways, including Interstate 70, Interstate 44, and Interstate 55. The city is also connected to several major cities in the Midwest by a network of interstate highways.
- By Train: Amtrak offers train service to St. Louis via its Gateway Station, which is located in downtown St. Louis. The station is served by several routes, including the Missouri River Runner, which connects St. Louis to Kansas City, and the Texas Eagle, which connects St. Louis to Chicago and San Antonio.
- By Bus: Several bus companies offer service to St. Louis, including Greyhound and Megabus. The city is also served by a local public transportation system, Metro Transit, which offers bus and light rail service throughout the region.
Commercial Real Estate Services in St. Louis, Missouri