Job growth delivers bullish KC office market

By Rob Roberts - Reporter, Kansas City Business Journal

January 16, 2018

 

Continuing job growth helped account for another successful year for the Kansas City-area office market in 2017 and promises to propel more growth in 2018.

That was the word at a 2018 commercial real estate forecast hosted Thursday by the Kansas City office of Colliers International.

Based on Mid-America Regional Council data, the metro added just more than 18,700 jobs throughout 2017, Colliers reported. A MARC economic forecast projects job creation to increase to nearly 19,700 jobs in 2018 and add an additional 18,400 jobs in 2019.

"The steady creation of new jobs in the market will continue to drive office absorption and demand," the Colliers 2018 Forecast Report states.

 

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