St. Louis Commercial Real Estate Update: Retail Momentum Continues Across the Region

BLOG // November 2025

St. Louis Commercial Real Estate Update: Retail Momentum Continues Across the Region

Fall 2025 Newsletter Recap | NAI DESCO
St. Louis continues to see strong leasing, redevelopment, and investment activity across the retail sector heading into late 2025. From national restaurant brands expanding into new submarkets to major retail redevelopments reshaping long-standing centers, the region’s retail, office, and industrial brokers at NAI DESCO are navigating a dynamic landscape that reflects both consumer demand and investor confidence.

Restaurant Expansion Remains a Key Driver
The local dining scene continues to fuel retail absorption. Notable openings include Cava in Des Peres, Dave’s Hot Chicken in Chesterfield and Des Peres, The Mexican and Katie’s Pizza & Pasta in Crestwood, and Chris’s Pancakes in Ronnie’s Plaza. Fast-casual brands such as Dutch Bros, 7 Brew, and Dunkin’ continue to add drive-through locations throughout the metro, underscoring the market’s strong appetite for convenience-driven retail.

Big-Box and Redevelopment Activity
Major tenants are reshaping the retail corridor from Kirkwood to Creve Coeur:
 
• Goodwill and Sierra are expanding their footprints, with Sierra opening its first St. Louis location in Kirkwood.
• Dick’s House of Sport will open in the Galleria, while Nordstrom exits the mall.
• Target and Dierbergs are both under construction at Market at Olive, a mixed-use development redefining the Olive corridor.
• Schnucks is relocating its Creve Coeur store to the new Olia Village site while simultaneously expanding regionally through its acquisition of 51 Festival Foods and Hometown Grocer locations in Wisconsin.

Select Investment and Lease Transactions
NAI DESCO brokers completed a series of high-profile deals this quarter, including:

• Pups Mobile Spa, Webster Groves – sold 1,395 SF retail building
• Plaza Tire Service, Belleville – sold 1.76 acres
• Prime 108 Sports, Bridgeton – leased 18,430 SF industrial facility
• Club 65 Pickleball, Crestwood – leased 19,053 SF retail recreation space
These transactions highlight the depth of experience within NAI DESCO’s retail brokerage, investment sales, and tenant-representation teams.
Featured Listings
• Crossroads Center, Moscow Mills – 176-acre development with parcels from 1–72 acres available
• 920 S. Main Street, St. Charles – 13,550 SF restaurant/retail space at the entrance to Historic Main Street
• Eureka Pointe, Eureka – endcap spaces in Schnucks-anchored center with I-44 visibility
• 8001 Forsyth Blvd, Clayton – ground-floor retail in the new Commerce Bank Tower

Read the Full Fall 2025 Retail Newsletter

Click the links below to download the latest insights for the Industrial sector too!  It will include:

  • The latest industry news
  • Sale comparables
  • Recent transaction highlights

You’ll also find a digest of the Linneman Letter Economic Report, offering insights into key economic trends.