Spec Developers Forging Ahead In Kansas City

Both HMBC Logistics I and II at Hunt Midwest Business Center in Kansas City are now 100% leased.

KANSAS CITY—The industrial market in the Kansas City region is experiencing a boom, and it’s not slowing down.  Hunt Midwest has been one of the most active developers in the area, and its officials report that with strong leasing activity at the Hunt Midwest Business Center, both HMBC Logistics I and II are now 100% leased. This momentum has triggered the start of construction on HMBC Logistics III and the permitting of HMBC Logistics IV.

“Our central location, scalable footprint, strong workforce, excellent highway access, and 100% real property tax abatement for 25 years have resulted in just under 200,000 square feet of leases signed in the last eight months,” says Ora Reynolds, president and chief executive officer of Hunt Midwest. “This has prompted us to move forward with 650,000 square feet of additional speculative building inventory,”