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STATE OF THE OFFICE MARKET
FACT
MYTH
REALITY
Vacancy rates across the country are the highest in history at nearly 20% by most measures.
This itself creates leverage allowing tenants to reduce occupancy cost on a
per square foot
basis.
Lease rates are climbing. The two big culprits: 1) cost of funds/debt, and 2) construction costs are higher (and not going down).
FACT
MYTH
REALITY
There is more space on the market in Kansas City than ever before.
I can find something that meets my current organizational needs, no problem!
The space that is available, or the building or location, is not a viable solution for the new office model.
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Property Mgt Services
Select Properties Managed
Project MGMT
Project Mgmt Services
Select Managed Projects
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Office
Retail
Industrial
Property Management
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Services
Landlord Representation
Tenant Representation
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Property Management
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