Our Market

At the start of 2000, the St. Louis region’s 12 largest firms had a stock market value of $100 billon.  In the second half of this decade, five of those companies, Anheuser-Busch, May Department Stores, Ralston Purina, A.G. Edwards and Mallinckrodt, were sold.  Those five companies alone were worth about $55 billion.  The good news – seven more companies collectively worth more than $86.4 billion stepped up to take their place.  St. Louis traded the domestic beer and department stores for very different markets involving plant and crop genetics, non-petroleum energy and health care with such companies as Emerson, Express Scripts, Monsanto and Enterprise Rent-A-Car.  This says a lot about St. Louis’ economic profile.  The region has continually adapted well to changes and challenges, even in the most recent economic times.

The same is true in St. Louis’ commercial real estate sector.  Even though many area companies have not survived the recent economics and the area has experiencing high unemployment rates much like the rest of the country, commercial real estate has kept its head above water, faring much better than other metropolitan areas.  As is characteristic of St. Louis’ conservative nature, Landlords and businesses have taken a somewhat conservative approach – very little speculative developing, with companies “trimming the fat” and choosing to down size.  This trend has caused Landlords to offer even greater incentives to stimulate absorption, making the real estate climate most definitely a Tenant’s market, a trend seen in all submarkets (office and industrial) of the St. Louis area.
 
Partnering with advisors who understand your needs and only represents your interests even further strengthens negotiating power in the real estate market.  At CresaPartners St. Louis, clients benefit by the support of an entire team, not by just a single individual or traditional broker.  Our group is well-balanced with expertise in strategic planning, finance, accounting, law, development, engineering and construction.  Our Project Management staff is LEED accredited to further enhance our construction know-how.  The combination enables us to give every client the benefit of a wide base of knowledge and many years of experience to always obtain successful results, a guarantee to our clients.

Our Company

CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Workforce & Location Planning, Subleases and Dispositions, Lease Administration, Capital Markets, and Facilities Management. With more than 50 North American offices, CresaPartners is the largest pure tenant representation firm in the U.S. and Canada. Through a partnership with BNP Paribas, CresaPartners is a member of one of the leading real estate organizations in the world, covering 35 countries.