St. Louis CBD Coming Back to Life

ST. LOUIS—Like many Midwestern cities, St. Louis was hit hard by the recession, but in the past few years a real recovery got started and has helped revive both the office and industrial sectors. And JLL officials say that gathering strength will help them find a buyer for the Gateway Tower, a 213,228-square-foot, class A office tower located in downtown St. Louis next to the iconic Gateway Arch, one of the most recognizable structures in the US.

“The St. Louis office market has gotten significantly better, especially when it comes to leasing activity and the region’s economic fundamentals,” Peter G. Harwood, executive vice president of capital markets at JLL, tells GlobeSt.com. Harwood and James Postweiler, also of JLL, will lead the just-launched marketing efforts for the building.