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Intelica Industrial Insights – Q1

April 30, 2021

While the pandemic has affected the commercial real estate industry, the industrial sector has proven to be a bright spot. St. Louis has experienced a large spike in new construction. The market rent and sale price per square foot rose slightly, while the vacancy rate continued its downward trend.

“After a solid first quarter, demand continues to outpace supply, creating a very competitive industrial market,” says Gary Parker, Principal at Intelica.

Read the Intelica Industrial Insights to learn more.