MO - Springfield Area
MO - St. Joseph
DEMOGRAPHICS
Springfield,
MO
3,010
433,579
180,772
$56,651
174,753
6.7%
Coldwell Banker Commercial
Vanguard Realtors
1334 E. Republic Rd.
Springfield, MO 65804
(417) 887-5950
www.cbcvanguard.com
CONTACT
OFFICE
Vacancy
N
Absorption
P
Rental Rates
Q
INDUSTRIAL
Vacancy
P
Absorption
Q
Rental Rates
Q
MARKET HIGHLIGHTS
•;Mercy Health started
construction on a 199,000
SF, $105 million Orthopedic
Hospital. Wal-Mart’s
Neighborhood Market is
building 6 new grocery stores.
The Wonder of Wildlife Museum
is continuing their $80 million
expansion/renovation.
•;The Assembly of God Financial
Solutions just finished
their 60,000 SF, $10 million
headquarters office building.
Hy-Vee Grocery store opened
its first Springfield location a
$17 million 86,000 SF store.
•;The local economy is diverse
and has weathered the turmoil
with better numbers than the
national economic indicators.
•;Springfield unemployment rate
dropped below 7% and ended
the year at 6.7%.
•;Springfield ranked third
among American cities for job
growth and named in a top
five nationwide for economic
strength.
•;Springfield metro area ranks
9th in all metro area nationwide
for job growth, a 4.4% increase
over the last year with labor
force numbers reaching over
223,500.
RETAIL
Vacancy
Q
Absorption
P
Rental Rates
N
MULTI-FAMILY
Vacancy
N/A
Absorption
N/A
Rental Rates
N/A
DEMOGRAPHICS
St. Joseph,
MO-KS
1,661
127,090
MARKET HIGHLIGHTS
•;St Joseph is located just 35
minutes north of the Kansas
City International Airport on
the Missouri River. It has access
to I-29, a major north-south
Interstate Highway providing a
corridor between Mexico and
Canada and US Hwy 36, which is
the major east-west route thru
Northern Missouri.
51,821
•;This market is in the heart of
the Life Sciences Industry with
over 30 of the major companies
located here.
$55,753
•;Boehringer Ingelheim Vetmedica
is expanding and building a
100,000 SF Office building.
48,146
6.7%
•;The new Easttown Business Park
is complete and offering excellent
Industrial building sites. A 60,000
SF shell building is planned to be
built in 2012.
•;Rosecrans Memorial Airport,
which serves civilian and military
needs, is located 3 miles west of
the city . It boasts two fully ILS-equipped runways and provides
capacity for any size aircraft.
(816) 364-2700
www.cbcommercialgeneral.com
CONTACT
Coldwell Banker Commercial
General Properties
2700 N. Belt Hwy.
St. Joseph, MO 64506
•;St Joseph is served by the Union
Pacific Railway and the Burlington
Northern-Santa Fe Railway to
provide direct access to all parts
of North America.
OFFICE
RETAIL
Vacancy
Q
Vacancy
N
Absorption
P
Absorption
N
Rental Rates
Q
Rental Rates
N
INDUSTRIAL
MULTI-FAMILY
Vacancy
Q
Vacancy
Q
Absorption
P
Absorption
P
32 Rental Rates
P
Rental Rates
P
