St. Louis Industrial Market Report

By PropZone Research · Data through Q4 2025 · Aggregated from Newmark, NAI DESCO 5 Key Take, Cushman & Wakefield, Colliers

Quarterly industrial market indicators for St. Louis, aggregated by PropZone from Newmark, NAI DESCO 5 Key Take, Cushman & Wakefield, Colliers. As of Q4 2024, average asking rent was $5.60/SF.

Projected current industrial pricing — St. Louis

low confidence
Projected asking rent
$5.60/SF/yr
Estimated sale value
$49–$60/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2024 Newmark data (cap rate 7.5%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 7288% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q4 2025-2.1M SFNewmark
Q4 2024$5.60/SFNewmark
Q4 2024$5.60/SFNAI DESCO 5 Key Take
Q2 2024Newmark
Q3 2017$5.40/SF6.0%1000.0M SFCushman & Wakefield
Q3 20173.4%0K SFColliers

Frequently asked questions

What is the average asking rent for industrial space in St. Louis?
As of Q4 2024, the average asking rent for industrial space in St. Louis was $5.60/SF, per Newmark.
What is the industrial vacancy rate in St. Louis?
Vacancy data for St. Louis industrial is aggregated from brokerage reports; refer to the quarterly table for available quarters.
Where does PropZone's St. Louis market data come from?
This report aggregates quarterly industrial market data for St. Louis from Newmark, NAI DESCO 5 Key Take, Cushman & Wakefield, Colliers.