Residential Real EstateMarket Conditions: Kansas City Commercial Real Estate
Expert Dan Sight reports that in 2008 the Kansas City Commercial Real Estate market is staying strong, and increased activity in downtown Kansas City has put the area on the map with national investors.
Kansas City has experienced $9 billion of total construction over the last two years, and
Dan says that it"s a great time to expand or move your office space as the office segment of the market is experiencing a 14.8 percent vacancy in class a properties and 13.25 percent in class B.
The Industrial market is experiencing much lower vacancy rates, with bulk industrial being at 6 percent and light industrial being at 10.6 percent.
The retail market has overall vacancy rates of 9.4 percent.
There are many exciting new developments where you can expand or grow your business, and with vacancy rates and interest rates so low, it is a great time to look at buying or building a new facility.
Sight Commercial Realty has financing available that will let you finance up to 100 percent of your project.
For more information on this market, contact Dan Sight at:
http://www.sightrealty.com.
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