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St. Louis office availabilities turn the corner heading into 2025

Declining sublet space leads the way
The building at 101 S. Hanley Road has seen several freshly signed leases recently, including deals to bring Dentons and FleishmanHillard to Clayton from downtown St. Louis. (CoStar)
The building at 101 S. Hanley Road has seen several freshly signed leases recently, including deals to bring Dentons and FleishmanHillard to Clayton from downtown St. Louis. (CoStar)
CoStar Analytics
December 11, 2024 | 2:45 P.M.

Since the start of 2020, the St. Louis office market has endured a significant uptick in availabilities as companies reconsidered their office space usage. This has resulted in record occupancy losses since 2020 and sublet space reaching a record of 2.5 million square feet during the second quarter of 2023.

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