Real Estate and Development

Construction Executives Poised to Move Ahead

The past year has brought considerable tumult to the nation’s economy, but somewhat surprisingly, the construction and design sector in this region seems to fare somewhat better than in other parts of the country. A survey by the Association of… more

Kansas City office market vacancy rates fair better nationally in 2020 as tenants, investors hold on

A lesser impact overall reflected in data on the Kansas City office market show the minimal impact will lead the region toward quicker healing. According to a Q4 report by JLL, although negative absorption and increasing vacancy and availability was seen… more

Kansas City, Kan. noted among top U.S. cities where more young residents are buying homes

A national ranking by personal finance technology company SmartAsset on the top U.S. cities where more young residents are buying homes found Kansas City, Kan. to be among the top 50, landing at 48. Using data collected by the U.S.… more

New home listings show first decline since July

Key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending Jan. 10, 2021 included a mixture of increases and falls. The median home sale price increased 14 percent year over year to $320,025, according to real… more

Northpoint sells logistics center to General Motors

Automaker General Motors now owns the deed to the 1.26 million-square-foot Arlington Automotive Logistics Center, according to Tarrant County deed records. The two-building property, built on the site of the former Six Flags Mall in Arlington, was part of a… more

Soaring home values add more U.S. cities to million-dollar list

The typical value of a home in the United States is a little more than a quarter-million dollars ($263,351 in November 2020, to be exact). But in 312 cities and towns nationwide, the typical home is worth a cool million or… more

Affordability concerns ahead for housing market in 2021

Apartment prices may be steady now, but rent is expected to rise within the latter half of 2021. Dense urban areas should continue to struggle with weaker rental prices and drops in average rents, according to John Loper, an associate… more

IT firm seeks expansion to KC metro with federal contract

U.S. Citizenship and Immigration Services' National Benefits Center could soon approve an expansion of global company IT Coalition Inc. to a Lee’s Summit facility. IT Coalition Inc. is a global information technology and cybersecurity service provider and is awaiting the… more

Council shoots down proposed $55M development

The Overland Park City Council downvoted a $55 million active-adult community in a 9-2 decision on Monday. Located just south of Ranch Mart shopping center, developers were denied rezoning for the 11.5-acre project. EPC Real Estate Group LLC plans involved… more

Naples company acquires Missouri vineyard, other assets

Augusta, Mo. will see development which could soon make the area home to the largest vineyards and winery in the Midwest. This news arrives with the acquisition of the Balducci Winery and Vineyards, the Knoernschild Vineyards, The Old Augusta Wine… more