Why Kansas City developers are investing in industrial spaces for smaller tenants

why-kansas-city-developers-are-investing-in-industrial-spaces-for-smaller-tenants

Kansas City has seen a complete transformation of its industrial market over the past several years, with 80 speculative warehouse buildings totaling 32 million square feet of space delivered over the last five-and-a-half years. There has been no shortage of demand for that space, as the occupancy rate in those buildings is around 90%, but even with all the new construction, one segment of the market has been overlooked. Very little new product has been delivered for tenants in search of spaces 75,000…