• In Kansas City, 2017 was a record breaking year in the industrial market posting 7.7 million sq. ft. of net absorption, in tandem with asking lease rates in the office market increasing 7.4% year-over-year.

  • The Downtown office market momentum is expected to accelerate further, with improved fundamentals including rising occupancy rates and asking lease rates.

  • Kansas City's consistent population growth, developing transportation system, and stable economic base have made it a prime target for multifamily investment by national capital.

  • Vacancy rates in the retail market declined 180 bps year-over-year, finishing 2017 at 7.7%. Asking lease rates increased 1.3% or $0.17 per sq. ft. year-over-year.