St. Louis office space availability falls from its peak

Since the start of 2020, the St. Louis office market has endured a significant uptick in availability as companies have reconsidered their office space usage. As of March, the market had about 14.8 million square feet of available space. While that is still elevated from the market’s pre-pandemic level, it is an improvement of 16% from the 2023 peak. Several suburban parts of the market have led this turnaround.