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Kansas City Rings Up Another Good Quarter

KANSAS CITY—This quarter much of the growth occurred in the city's submarkets and not just South Johnson County.

By Brian J. Rogal | Updated on January 21, 2015

KANSAS CITY—According to DTZ, Kansas City’s 49.5-million-square-foot office market produced 269,000-square-feet of net absorption in the fourth quarter, the strongest period of a year when the market showed signs of life. Total growth of occupancy for 2014 was 372,000-square-feet.

Significantly, even though historically it’s the suburban submarkets like South Johnson County that have performed the best, this quarter much of the growth occurred in the city’s submarkets, the researchers found. The Crown Center submarket, for example, saw the General Services Administration move into 140,000-square-feet at 2300 Main St. in December.

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