Kansas City Industrial Figures Q4 2025

– Overall net absorption posted positive 360,044 sq. ft. for Q4 2025, bringing the total for 2025 to 6.1 million sq. ft.
– Vacancy rates increased from 4.2% to 4.9% year-over-year, and increased from 3.1% to 4.9% over the previous three years.
– Four new buildings were delivered in Q4 2025, three new build-to-suit buildings were delivered with a total of 1.25 million sq. ft. and one speculative building with 0.35 million sq. ft.
– Asking lease rates in the overall market decreased 3.5% year-over-year ($5.68 per sq. ft. to $5.49 per sq. ft.). Over the previous three years the average asking lease rate increased 3.4% ($5.31 per sq. ft. to $5.49 per sq. ft.).