More than 100 commercial real estate leaders gathered Aug. 25 at The Gallery in Kansas City’s Power & Light District for REjournals’ fifth annual Kansas City Commercial Real Estate Summit. And the focus of the event? Optimism.
Yes, Kansas City and its surrounding Missouri communities have seen their share of challenges during the COVID-19 pandemic and, most recently, during the rise in cases caused by the Delta variant. But the CRE professionals speaking at the summit said that despite these challenges deals are still getting done.
Some markets — multifamily and industrial, in particular — are still booming. Industrial, in fact, is hot in the Kansas City area as the rise in online shopping inspires ever more companies to open new distribution centers in the area.
And next year? CRE pros filling the panels at the summit predicted that 2022 will be an even stronger year for the Kansas City market as the pandemic, hopefully, fades.
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