As the need for Class A office space increases, the
national market seeks more live/work/play, amenity-rich, creative locations. Large build-to-suit campuses are also highly sought after. Currently,
tech companies drive 24 percent of the national office space demand, with financial services and health care close behind.
Due to a 58 percent lower asking rent rate, diverse industry portfolio, and 3 million sq. ft. of Class A office space, the Kansas City region is positioned as a top mid-sized market. The greater Kansas City area also boasts a wealth of highly skilled
young professional talent in crucial fields like
technology, health care and other STEM related fields.
"Based on the healthy economic conditions, projected job growth, and a well-diversified office sector, the Kansas City office market is well-positioned for another successful year in 2017." -Colliers International
Corrigan Station and
1201 Walnut, located just a short walk from the nationally recognized
KC Streetcar line, are two office spaces recently constructed with the needs of a live/work/play culture in mind. New construction of a 10-story 320,000 sq. ft. building at
13th and Grand will open up even more opportunities for Class A office space.
The Kansas City region has a variety of
large build-to-suit campuses as well. Some, like the fully redeveloped
College Boulevard campus in Overland Park, Kansas, offer visibility in one of the most desired office real estate submarkets of the region.
City Center Lenexa and other properties create a more urban feel within affluent neighborhoods and city cores. Another example of a large amenity-rich build-to-suit campus is
Executive Dr., a scenic office environment overlooking the Kaw River Valley.
To learn more about available real estate in the Kansas City region, contact
Jill McCarthy, senior executive of corporate attraction for KCADC.