2023 Office Space Rent & Sales
- $28.63 2023 Avg. Asking Rent
- 8.46% 2023 Office Vacancy Rate
Clayton office price per square foot in 2023 was $28.63 on average. The local office market recorded an average vacancy rate of 8.46% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Missouri Class A & A+ Office Space$24.89
- Missouri Class B Office Space$20.58
- Missouri Class C Office Space$22.78
Clayton, MO Office Asking Rents by Class
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2023 Office Construction in Clayton, MO
- Clayton, MO Total SF completed in 2023 455,699
During 2023, 455,699 square feet of new office space were delivered across the market. At the close of 2023, the Clayton office inventory included 2 buildings equal to or larger than 25,000 square feet, which comprised 455,699 square feet of office space.
Office building | Address | SF | Completed |
---|---|---|---|
Forsyth Pointe - West Tower | 8049 Forsyth Blvd, 63105 | 220,085 | 2023 |
The Plaza in Clayton | 190 Carondelet Plaza, 63105 | 325,172 | 2002 |
8235 Forsyth Blvd | 8235 Forsyth Blvd, 63105 | 244,800 | 2000 |
7710-7730 Carondelet Avenue | 7730 Carondelet Avenue, 63105 | 89,470 | 1989 |
8151 Clayton Road | 8151 Clayton Road, 63117 | 32,000 | 1989 |
The Hunter Building | 121 Hunter Avenue, 63124 | 33,318 | 1987 |
Hanley Corporate Tower | 101 South Hanley Road, 63105 | 346,451 | 1985 |
Regions Centre | 8182 Maryland Avenue, 63105 | 278,800 | 1985 |
The Bank of America Building | 7800 Forsyth Blvd, 63105 | 100,487 | 1985 |
Hoffmann Building | 8000 Maryland Avenue, 63105 | 194,045 | 1983 |
Worth noting among recent office completions on the Clayton market is Forsyth Pointe - West Tower, which is currently the largest new office development in the city, at 220,085 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Clayton commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.