St. Louis
Transcription
St. Louis
St. Louis Office Market Report OFFICE MARKET NEWS C L AY TON • NISA will be relocating its corporate office in 1Q 2014, from Old Town Executive to Interco Tower, occupying approximately 60,000 RSF. WES T COUNTY • Cequel III will relocate its current corporate office at Manchester/Hwy. 270 to 520 Maryville Centre and 575 Maryville Centre, approximately 104,000 RSF. S OUTH COU NTY • Regus, the largest provider of executive office suites, will be opening its 5th St. Louis area location in 3Q 2013 at Laumeier II. Volume 5 August 2013 SPOTLIGHT ON CREVE COEUR • Over 4.3 Million RSF of office space • Current vacancy rate of approximately 8.8% • Class A rental rates $22.00 - $26.00 • Class B rental rates $16.00 - $22.00 • CityPlace 6, approximately 224,000 RSF, is being marketed for sale DO WNTOWN • Greensfelder has renewed its lease of approximately 114,000 RSF at 10 S. Broadway for an additional five years. EA RTH CITY • US Bank has signed a lease to occupy approximately 47,000 RSF at 3301 Rider Trail in 3Q 2013. CARLSON/WAPPELHORST F E AT U R E D T R A N S A C T I O N SSM Health Care Corporation • Relocation of Corporate Headquarters to 10101 Woodfield - approximately 64,000 RSF • Renewal of existing leases in the Corporate Square Office Park - approximately 150,000 RSF CARLSON/WAPPELHORST COMPLETED DEALS • Total transaction value: $28,500,000 2Q 2013 PNC Center - Clayton Expansion/Renewal - 9,700 RSF Zebra Technologies Chesterfield Ridge - Chesterfield Renewal - 4,600 RSF SyllogisTeks The Turvey Building - Chesterfield New - 4,400 RSF Freedom Title [email protected] Mike Carlson, CCIM, SIOR [email protected] Brandon Wappelhorst 314-727-6664 www.facebook.com/sansonegroup @sansonegroup 1 2 0 S . C e n t r a l A v e , S u i t e 5 0 0 • S t . L o u i s , M O 6 3 1 0 5 • P h . 3 1 4 - 7 2 7 - 6 6 6 4 • F a x 3 1 4 - 7 2 7 - 6 1 0 1 • w w w. s a n s o n e g r o u p . c o m