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cassidyturley.
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Industrial Market Snapshot
Economic Indicators
Q2 12 Q2 13
St.
Louis
Employment
1310.
4 1319.
8
St.
Louis
Unemployment
7.
30% 7.
00%
U.
S.
CCI 65.
4 81.
4
U.
S.
Unemployment 8.
20% 7.
60%
Vacancy Rate
ST.
LOUIS INDUSTRIAL
Market...
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www.
cassidyturley.
com
Industrial Market Snapshot
Economic Indicators
Q2 12 Q2 13
St.
Louis
Employment
1310.
4 1319.
8
St.
Louis
Unemployment
7.
30% 7.
00%
U.
S.
CCI 65.
4 81.
4
U.
S.
Unemployment 8.
20% 7.
60%
Vacancy Rate
ST.
LOUIS INDUSTRIAL
Market Tracker Vacancy
8.
2%*Arrows = Current Qtr Trend
Net Absorption
639,164 SF
Deliveries
0 SF
Effective Rent
$4.
07 NNN
Following a strong first quarter, the industrial market realized additional occupancy
growth in the second quarter of 2013.
A total of 639,000 square feet of positive
absorption was realized in the quarter as the vacancy rate held at 8.
2%.
The growth for
the industrial sector marks the fourth consecutive quarter of positive absorption with
over 2,100,000 square feet absorbed over that time.
The 639,000 square feet of positive absorption included 479,000 square feet of newly
constructed space at the Westway I building in Edwardsville.
Contegra Construction
Company doubled the distribution center for Procter & Gamb
Less
