2019 Q1 Gundaker Commercial Office Report

The St. Louis office market recorded -339,768 SF of net absorption during 1Q 2019. Direct net absorption totaled -220,474 SF of absorption with Sublet net absorption totaling a -119,294 SF for 1Q 2019. The total vacancy rate increased from 10.6% in 4Q 2018 to 11.1% at the close of
1Q 2019.

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Gundaker Commercial Group

55 West Port Plaza

Suite 200

St. Louis, MO 63146