The industrial real estate market is strengthening in the Kansas City metro region, with a new company coming to the area to absorb remaining industrial space with a 1,000 acre Logistics Park Kansas City development project consisting of a 500,000 square foot distribution center. The project is slated for completion by the end of 2013, and a nearby industrial center for Kessinger/Hunter & Co is poised to finish construction within a few weeks. The Kansas City industrial movers have found that the current total industrial space in the region it about 235 million square feet.
The continued growth of industrial competitors in the area will likely raise the profile of Kansas City nationwide for existing industrial retailers as well as companies looking to expand operations into the Kansas City market. Industry experts predict a 25 percent market expansion in the area as companies continue to take advantage of the space available in Kansas City.