We have more than a few buildings in Downtown StL that
Posted on: March 3, 2021 at 08:57:06 CT
jumbo73 MU
Posts:
13096
Member For:
19.07 yrs
Level:
User
M.O.B. Votes:
0
are/were confronting similar issues. Significant vacancies resulting from downsized or re-located firms. Bottom line has been that rental rates in the Downtown submarket are 10-15% lower than they were in 1990.
Not a great investment story to tell.