Following the national trend of an overall lower unemployment rate, United States office market vacancy rate closed at 11.2%, down from 12.1% at the close of 2013. The decline in vacancy was helped by the overall positive absorption over the past year of 92 million square feet of space. This positive impact was helped by the United States adding more than two million jobs since the beginning of the year, which our country has not seen since 1999.
Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.
Showing posts with label Kansas City Office Commercial Real Estate. Show all posts
Showing posts with label Kansas City Office Commercial Real Estate. Show all posts
Friday, December 19, 2014
Market Report 2015 Sneak Peak - Day 7 Office
As office markets saw positive strides in 2014, the Kansas City Metropolitan area real estate border war continued to impact many of the cities’ key submarkets.
Following the national trend of an overall lower unemployment rate, United States office market vacancy rate closed at 11.2%, down from 12.1% at the close of 2013. The decline in vacancy was helped by the overall positive absorption over the past year of 92 million square feet of space. This positive impact was helped by the United States adding more than two million jobs since the beginning of the year, which our country has not seen since 1999.
Following the national trend of an overall lower unemployment rate, United States office market vacancy rate closed at 11.2%, down from 12.1% at the close of 2013. The decline in vacancy was helped by the overall positive absorption over the past year of 92 million square feet of space. This positive impact was helped by the United States adding more than two million jobs since the beginning of the year, which our country has not seen since 1999.
Thursday, August 28, 2014
Class A, Class B or Class C: Special Orders Don't Upset Us
You need a "special sized CRE Space" we can help you! Got Questions? We have the answers!
In the Commercial Real Estate (CRE) field there are many questions that need to be answered before
narrowing down the property list for a buyer. Did you know there are three different types of office space? Class A, Class B and Class C. Buildings are given a classification depending on the quality of building materials, the location, and the onsite or surrounding amenities.
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CityPlace Class A Office |
Thursday, August 14, 2014
Business Tips to Look for When Leasing Your Property
There are many tips out there designed to help you during
the office leasing process, but what should you consider before starting the
process of contacting a broker and looking at properties? There are three areas that will help you
identify your real needs in a new building and speed the overall process along:
- Timing
- Location
- Space
Tuesday, June 24, 2014
BRES' Deal of the Week - Mission Corporate Centre
Matt Spachman and Kenneth G. Block of Block Real Estate Services, LLC (BRES), completed a multi year office lease in Mission, Kansas.
Monday, June 9, 2014
BRES' Deal of the Week - Sale of a Leawood, Kansas Office Building
Grant Reves, Harry Drake, Kenneth G. Block, Aaron Mesmer, Brian Beggs and Dan Durkin from Block
Real Estate Services, LLC (BRES) all teamed up to complete the sale of a Class-A office building in Leawood, Kansas.
Real Estate Services, LLC (BRES) all teamed up to complete the sale of a Class-A office building in Leawood, Kansas.
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