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So far St.Louis has created 43 blog entries.

St. Louis Industrial Market Absorption Expanding; Strong Leasing Activity in Suburban Office Space

St. Louis Industrial Market Expands with 2.2 MSF of Positive Net Absorption in the Second Quarter New Large blocks of Suburban Office Space and Strong Leasing Activity to Continue in 2018 ST. LOUIS, July 18, 2018 – Cushman & Wakefield announced the St. Louis industrial market recorded 2.2 million square feet (msf) of positive absorption in the second quarter of 2018. For the St. Louis office market, suburban asking rates reached an average of $20.14 per square foot (psf), increasing by $0.32 psf quarter-over-quarter as tenant demand remains strong. “Development activity has been the biggest story over the past several years with 4.6 million square feet (msf) of new industrial construction and 571,000 sf of new office construction in 2017,” said Brian Ungles, Managing Principal, Cushman & Wakefield, St. Louis. “We expect that trend to continue, as we had 1.5 msf of office space and 5.8 msf of industrial space [...]

2018-07-19T15:15:06-05:00July 18th, 2018|Market Research, News & Insights, Research|

WIN St. Louis Chapter 2018 Lunch & Learn

More than 70 associates attended the WIN Lunch & Learn hosted by the St. Louis Chapter. The event was focused on helping WIN members create strong professional bios while giving them an opportunity to update their profile picture as well. It was a great event that allowed attendees to network with associates in other offices and departments across the St. Louis region. WIN Lunch and Learn St Louis 2018 WIN Lunch and Learn St Louis 2018    

2018-06-27T11:09:18-05:00June 27th, 2018|News & Insights|

Cushman & Wakefield Honored as a 2018 Top Workplace by the St. Louis Post-Dispatch

Cushman & Wakefield Honored as a 2018 Top Workplace by the St. Louis Post-Dispatch!          Based on survey responses from more than 44,000 people, the St. Louis Post-Dispatch is able to name 150 area employers as Top Workplaces for 2018. These employers — ranging from small businesses to some of the region's biggest corporations — share key qualities: effective leadership, strong values, clear direction and motivated workers. Read more here about how top workplaces are identified. At Cushman & Wakefield, we firmly believe our greatest asset is our amazing employees! Our success is a direct result of their dedication to consistently deliver superior value to our clients and to move our company forward. 2018 Top Workplaces Event Attendees

2018-07-02T14:05:14-05:00June 26th, 2018|News & Insights|

33rd Annual Cushman & Wakefield/Ronald McDonald House Golf Tournament & Dinner Auction

We would like to extend the sincerest thanks to all of those who assisted and volunteered at this year's 33rd Annual Cushman & Wakefield/Ronald McDonald House Golf Tournament & Dinner Auction. We are proud to announce that the RMH goal of $900k has been met and surpassed with a gross revenue of $922K, breaking previous records! At Cushman & Wakefield we firmly believe that our greatest asset is our network of highly skilled professionals committed to our community.  Volunteers are critical to the success of any organization or event, and want to remind you of just how much your efforts are greatly appreciated, year after year.  Volunteers make the difference in the lives of all the families that come through the Ronald McDonald House doors.  RMH is supported by more than 400,000 volunteers who dedicate their time and resources, allowing for more donations to be directed back to programs supporting [...]

2018-06-27T09:34:42-05:00June 20th, 2018|News & Insights|

Cushman & Wakefield Arranges Sale for Priderock Capital Partners

Cushman & Wakefield Arranges Sale for Priderock Capital Partners ST. LOUIS, Missouri, June 6, 2018 – Cushman & Wakefield has arranged the sale of Sun Valley Lake, a 680-unit apartment community located in St. Charles, Missouri. Mike Kemether of Cushman & Wakefield’s Atlanta office, along with Mike Hanrahan and Bobby Mills of Cushman & Wakefield’s St. Louis office, represented the seller, Priderock Capital Partners, in the transaction. Ascent Residential acquired the property. “Our Cushman & Wakefield team is pleased to have represented the seller, Priderock Capital Partners, in the sale of this iconic multifamily property,” Mills said. “Our collaborative marketing efforts with our Atlanta team successfully attracted a first-time buyer to the Midwest, which is another testament to the influx of new capital entering the St. Louis market as a result of higher yields that primary markets cannot offer.” Built in 1986, Sun Valley Lake is a premier Class A [...]

2018-06-20T08:33:57-05:00June 20th, 2018|News & Insights|

Remembering Clarence “Turk” Turley

ST. LOUIS, February 22, 2018 - Clarence "Turk" Turley, an icon in St. Louis real estate for 55 years, passed away peacefully on February 21, 2018, at the age of 89. A Korean War Veteran, Mr. Turley returned from service to work with his father in commercial real estate and was instrumental in the creation and development of Turley Martin - the most powerful commercial real estate firm in St. Louis. The Turley Martin Company evolved into Cassidy Turley, and in 2015 the Cassidy Turley organization merged with Cushman & Wakefield. Turk’s commitment to the St. Louis Community extended well beyond his retirement in 2008. He was also a staunch advocate for his clients and was a major contributor to the development of the company’s culture, treating everyone with respect and care. A great joke teller, Turk was committed to his friends and colleagues and will be remembered as a [...]

2018-04-13T10:02:13-05:00February 22nd, 2018|News & Insights|

St. Louis Office Market Performs Well in Fourth Quarter

Industrial Market Sees 3.58 MSF Under Construction, Reports Cushman & Wakefield ST. LOUIS, January 12, 2018 – Cushman & Wakefield announced that the St. Louis office market had a stellar year in 2017 with 815,000 square feet (sf) of positive absorption. By the end of the fourth quarter, overall vacancy had dropped to 11.7%, more than 260 basis points lower than at the end of 2015. “Demand for additional office space continues to grow, and there are only a few large blocks of available space left,” said Brian Ungles, Managing Principal of Cushman & Wakefield’s St. Louis office. “The lack of available space has led to a significant increase in construction activity in the past year with 2.2 million square feet (msf) under construction, of which 86.1% is build-to-suit.” Annual absorption in West County (631,000 sf), was the highest it has been since 2006, driven by deliveries of several new [...]

2018-01-12T15:58:49-06:00January 12th, 2018|News & Insights|

Cushman and Wakefield’s Jeremy Hemann Named to the “40 Under 40” Class of 2018 by St. Louis Business Journal

ST. LOUIS, December 28, 2017 – Cushman & Wakefield announced today that Chief Client Accounting Officer, Jeremy Hemann, has been named to the St. Louis Business Journal’s “40 Under 40” Class of 2018 from more than 500 nominations. Members of previous “40 Under 40” classes selected the class of 2018, represented by businesses from commercial real estate to health care to education fields and more. “I am honored to be selected as a recipient of this award.  To be included as part of a group with this level of talent is exciting and humbling.  More than anything, I would like to thank my team.  It's the dedicated and talented people that I have around me that enable my success." said Mr. Hemann. In his role, Mr. Hemann is responsible for oversight of the Client Accounting organization spanning the U.S. and Canada.  His team includes 425 professionals who are focused on servicing the [...]

2018-04-13T10:02:13-05:00December 28th, 2017|News & Insights|

Congratulations Keith Schneider of Cushman & Wakefield: Midwest Real Estate News Magazine – 2017 Hall of Fame

Midwest Real Estate News Magazine has selected Keith Schneider as a member of the eighth class of the Midwest Commercial Real Estate Hall of Fame (2017). He is joining a select group of real estate professionals who have made a true difference in their industry and communities. The complete profile will appear in the December/January issue and online at www.rejournals.com.  

2017-12-12T11:38:25-06:00December 12th, 2017|News & Insights|