St. Louis Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Cushman & Wakefield, CBRE, JLL, Newmark, Colliers
Quarterly industrial market indicators for St. Louis, aggregated by CREhunt from Cushman & Wakefield, CBRE, JLL, Newmark, Colliers. As of Q2 2026, average asking rent was $5.61/SF/yr and vacancy was 5.1%, per Cushman & Wakefield.
Projected current industrial pricing — St. Louis
Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for St. Louis industrial yet, so this applies the typical cap rate across comparable industrial markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q2 2026 multiple brokerages asking-rent data (benchmark cap rate 5.5%–7.5%, asking rent held flat). Assumes ~92% occupancy (vacancy not reported) and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Cushman & Wakefield | $5.61/SF/yr | 5.1% | -46K SF | — | Cushman & Wakefield |
| Q2 2026 CBRE | $5.67/SF/yr | 7.1% | 45K SF | — | CBRE |
| Q1 2026 CBRE | $5.49/SF/yr | 6.8% | — | — | CBRE |
| Q1 2026 JLL | $5.61/SF/yr | 6.3% | -1.8M SF | — | JLL |
| Q4 2025 Newmark | $6.03/SF/yr | 5.4% | -2.1M SF | — | Newmark |
| Q3 2025 Newmark | $5.94/SF/yr | 4.8% | — | — | Newmark |
| Q2 2025 Newmark | $5.93/SF/yr | 4.5% | — | — | Newmark |
| Q2 2025 Cushman & Wakefield | $6.00/SF/yr | 2.8% | 470K SF | — | Cushman & Wakefield |
| Q1 2025 Newmark | $5.91/SF/yr | 4.1% | 1.1M SF | — | Newmark |
| Q4 2024 Newmark | $5.60/SF/yr | 4.6% | 182K SF | — | Newmark |
| Q2 2024 Newmark | — | 5.3% | 637K SF | — | Newmark |
| Q2 2022 Colliers | $6.17/SF/yr | 3.9% | 6.1M SF | — | Colliers |
| Q3 2017 Colliers | — | 3.4% | 6 SF | — | Colliers |
| Q3 2017 Cushman & Wakefield | $5.40/SF/yr | 6.0% | 1000.0M SF | — | Cushman & Wakefield |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each St. Louis industrial submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Central County | $8.55/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| City | $6.49/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Downtown | $4.87/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Earth City | $5.18/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Fenton | $8.01/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Maryland Heights | $6.01/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| Metro East | $4.39/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Mid County | $8.30/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| North County | $4.95/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Saint Charles County | $6.20/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
| South County | $8.90/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| St. Charles | $7.46/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| West County | $8.46/SF/yr Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Westport | $7.16/SF/yr CBRE · Q1 2026 | CBRE, Q1 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for St. Louis industrial did not fully agree. On vacancy, the sources span 2.0 points — from 5.1% (Cushman & Wakefield) to 7.1% (CBRE). Asking-rent estimates differ by $0.06/SF/yr — from $5.61/SF/yr to $5.67/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| CBRE | 7.1% | $5.67/SF/yr | — |
| Cushman & Wakefield | 5.1% | $5.61/SF/yr | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for industrial space in St. Louis?
- As of Q2 2026, the average asking rent for industrial space in St. Louis was $5.61/SF/yr, per Cushman & Wakefield.
- What is the industrial vacancy rate in St. Louis?
- The industrial vacancy rate in St. Louis was 5.1% as of Q2 2026 (Cushman & Wakefield).
- Where does CREhunt's St. Louis market data come from?
- This report aggregates quarterly industrial market data for St. Louis from Cushman & Wakefield, CBRE, JLL, Newmark, Colliers.
- How much do brokerage estimates differ for industrial space in St. Louis?
- For Q2 2026, the brokerage sources CREhunt aggregates for St. Louis did not fully agree. On vacancy, the sources span 2.0 points — from 5.1% (Cushman & Wakefield) to 7.1% (CBRE). Asking-rent estimates differ by $0.06/SF/yr — from $5.61/SF/yr to $5.67/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.