9
Jan
KC industrial market, building sizes continue to grow at record pace
As the scope of Kansas City’s industrial real estate market has swelled in recent years, so has the average size of the area’s buildings in that segment.
According to a just-released CBRE Group Inc. fourth-quarter market report, the average size of new industrial buildings in the area has grown 206,882 square feet in the past decade — from 60,896 square feet in the five-year period between 2002-2007 to 267,778 square feet in the 2012-2017 period.
“Yes, we’re truly becoming a big-box market,”…
Source: Arizona Business Journal