Category Archives: St. Louis real estate

Malls still have their place – but they need to adapt

by Dan Rafter Shopping malls were already struggling. Then Sears announced it would close 150 Sears and Kmart locations. Macy’s announced it will shutter 68 stores. These stores are anchors for malls across the Midwest. The new round of closings … Continue reading

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JLL: St. Louis industrial market to set new-construction record

by Dan Rafter Developers are expected to bring nearly 7 million square feet of new industrial buildings to the St. Louis region by the end of the year, one more piece of evidence that this area’s industrial market is booming. … Continue reading

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Multifamily still booming in St. Louis – and there’s no end in sight

by Dan Rafter The multifamily sector is soaring across the country and the Midwest. The St. Louis market is no exception, as developers continue to bring new units to the region and existing apartment properties continue to enjoy low vacancy … Continue reading

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St. Louis industrial market in middle of historic year

by Dan Rafter There’s plenty to brag about when it comes to St. Louis’ industrial real estate market. In fact, according to Cushman & Wakefield’s State of Real Estate St. Louis conference — held in late September — the St. … Continue reading

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ABODO report: Detroit sees fifth-highest jump in apartment rents in September

by Dan Rafter The average rent for a one-bedroom apartment jumped 6 percent in Detroit from August to September of this year. This gave Detroit the fifth-biggest one-bedroom rent jump during this time in the country, according to the latest … Continue reading

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Mid-America’s $10 million deal another sign of strength in St. Louis’ retail market

by Dan Rafter The retail market has been slowly, but steadily, improving in the St. Louis area. An example of that came earlier this month, when Mid-America Real Estate Corporation’s investment sales team closed a $10 million retail sale in … Continue reading

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It’s a continuing trend: Two-building office campus in St. Louis headed for online auction

by Dan Rafter Online real estate company Ten-X is auctioning off a two-building office tower campus in the St. Louis area. Bidders will see on Oct. 5 which buyer will become the new owner of the property. The sale of … Continue reading

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