[ST. LOUIS, MO/May 30, 2023] – A 70-mile transportation corridor is the epicenter of the historic surge in new construction in the St. Louis regional industrial market. More than 24 million square feet of new industrial space hit the market over the last five years, and nowhere is this construction boom more evident than along the Interstate 70 corridor running from Foristell, Missouri to Marine, Illinois. The major logistics corridor is home to a wealth of national manufacturers, suppliers, and distributors, with room to develop even more. The activity in the corridor and anticipated direction of future growth was the focus of the final session of FreightWeekSTL 2023 on May 26, which was moderated by Doug Rasmussen, CEO and Managing Principal of Steadfast City Economic & Community Partners, and featured panelists Ed Lampitt, Vice Chair of Cushman & Wakefield, and Matt Hrubes, Senior Vice President of CBRE.
