St. Louis’ industrial market has seen improvements in quite a few categories in 2024 and the fourth quarter, according to a report from Colliers.

Most notably, leasing activity hit 1.96 million square feet, up by more than a million square feet from the previous three months. Also, it marked the highest quarterly activity since 3.42 million square feet of space was leased in 2021. The biggest deals involved Armstrong Logistics, and Circle K, which leased 487,521 square feet, and 211,269 square feet, respectively.

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