St. Louis Industrial MarketBeat Q1 2026
The St. Louis industrial market closed Q1 2026 with a 4.6% vacancy rate and overall asking rents of $5.71 per square foot, with the vacancy increase driven primarily by large-scale vacancies including Royal Canin's departure from a 674,752-square-foot warehouse in the Metro East. The market recorded negative quarterly net absorption of 946,757 square feet in Q1 2026, marking the first consecutive quarters of negative absorption since 2023, though underlying demand remained healthy with over 1.1 million square feet of new leasing activity and just under 2.0 million square feet of renewal activity during the quarter.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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