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10.15.2009 12:44 pm

More office, industrial space available for sublease

St. Louis Post-Dispatch

There’s more space available, for less money, than there has been in quite some time in this town.

That’s the nut of a new report from CB Richard Ellis on the St. Louis commercial real estate market.

The lousy economy and high…

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07.14.2009 1:09 pm

Report: St. Louis office, industrial real estate markets both hurting

St. Louis Post-Dispatch

Office vacancy rates fell a bit in the second quarter in the St. Louis area, but the amount of space available for sublease grew, according to a new report out today from real estate brokerage CB Richard Ellis.

In all, nearly…

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04.21.2009 1:17 pm

From empty K-Mart to small business hub in Hazelwood

St. Louis Post-Dispatch

The rise of big-box retail raises all sorts of tricky questions for development, but one of the trickiest is this: What do you do with the box after the retailer has moved on?

One attempt at an answer opened Tuesday in…

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03.25.2009 10:57 am

Experts: St. Louis commercial real estate kind of gloomy all around

St. Louis Post-Dispatch

Just came back from the big SIOR 2009 St. Louis Metro Market Forecast in Clayton this morning. And, along with a healthy dose of gallows humor and a fair number of “light at the end of the tunnel” analogies, we…

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03.02.2009 1:46 pm

Residential construction falls, but non-residential falls faster

St. Louis Post-Dispatch

The latest sign of the fast-weakening commercial real estate market came today, in new Commerce Department numbers showing something we haven’t yet seen: Construction spending on big building projects is falling faster than it is on homes.

Yes, private sector residential construction…

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02.19.2009 1:43 pm

Old Jamestown Dillard’s hits the auction block

St. Louis Post-Dispatch

Want to buy an old Dillard’s?

Now’s your chance.

Commercial brokerage Solon Gershman Inc. said today they will sell the 220,000-square-foot former Dillard’s at the Jamestown Mall to the highest bidder this April. The old department store, which closed in 2006 and…

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02.10.2009 11:25 am

Want to buy the tallest building in New England?

St. Louis Post-Dispatch

Normally, Building Blocks likes to stay focused on St. Louis-area real estate, but some sad news this morning tugged at the heartstrings of this native Bostonian.

The John Hancock Tower, the 60-story I.M. Pei-designed glass tower that holds the title…

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02.02.2009 10:03 am

More on empty big boxes

St. Louis Post-Dispatch

In researching this story about the re-use of empty big-box retail stores, which ran in Sunday’s Post-Dispatch, I came across an interesting experiment by Joel Garreau, “cultural revolution” correspondent at the Washington Post.

Back in November, he enlisted a team of architects…

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01.23.2009 10:38 am

Will commercial real estate crunch spark more bank mergers?

St. Louis Post-Dispatch

Interesting piece in the New York Times Thursday looking at the prospects for more consolidation among small and mid-sized banks in the months to come, as the commercial real estate market sours. We’ve already seen a big shakeout among the…

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01.20.2009 11:54 am

Aldermen to hear latest on Ballpark Village Thursday

St. Louis Post-Dispatch

The latest proposal for Ballpark Village takes up much of the agenda for a Thursday hearing of the Housing, Urban Development and Zoning subcommittee of the St. Louis Board of Alderman.

The long-awaited project, currently slated to be an office tower…

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