Q3 2019 marked the strongest quarter of positive net absorption in twenty-two quarters, since Q2 2014.
Centene’s Clayton campus expansion delivered Q3 2019 accounting for 82% of office deliveries; the 551,000 sq. ft. Class A office tower is 100% pre-leased.
The Mid-County/Clayton submarket continued to lead the market in both overall & Class A asking lease rates.
St. Louis unemployment rate drops back down to all time low rate of 3.3%.