This article originally ran in the St. Louis Business Journal on September 28, 2021.
With demand for warehouse space at an all-time high, the St. Louis area will get its first speculative industrial warehouse to measure more than 1 million square feet next year in the Metro East.
When the fourth warehouse at Gateway Tradeport in Pontoon Beach finishes construction in the third quarter of 2022, it will be the largest speculative facility ever built in the St. Louis region, commercial real estate firm JLL, the broker for the project, said Monday.
The announcement comes as Contegra Construction, which has been building all the warehouses at the Tradeport, has finished construction on the industrial park’s third warehouse, measuring 625,000 square feet. That building is now available for lease.Read More