The commercial real estate market in Wichita enjoyed a third straight year of positive growth in 2013. Driven by renewed confidence and pent-up...
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Insight Design Communications
Tracy Holdeman
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Insight Design Communications
Tracy Holdeman
700 S●●●●●ilene
Wi●●ta , Kansas, 67218
United States
View this contact
Insight Design Communications
Tracy Holdeman
700 S●●●●●ilene
Wi●●ta , Kansas, 67218
United States
View this contact
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Weigand Forecast - TO OUR VALUED CUSTOMERS | commercialrealestatewichitaks.com Reviews
https://commercialrealestatewichitaks.com
The commercial real estate market in Wichita enjoyed a third straight year of positive growth in 2013. Driven by renewed confidence and pent-up...
commercialrealestatewichitaks.com
Weigand Forecast - Weigand Commercial Division and Corporate Officers
http://www.commercialrealestatewichitaks.com/officers
Weigand Commercial Division and Corporate Officers. Nestor R. Weigand, Jr.
Weigand Forecast - INDUSTRIAL
http://www.commercialrealestatewichitaks.com/industrial
The industrial market finished 2013 with statistics very similar to 2012. The overall vacancy rate dropped slightly from 19.5% to 18.6% and the overall asking rate was $4.03 per square foot compared to $3.97. Activity across the market was flat with no major movement in any area. Activity in the larger properties slowed considerably during the year. Several factors contributed to the drop in leasing activity:. Many manufacturers are opting to run multiple shifts before considering expansion. A few of the...
Weigand Forecast - INVESTMENTS
http://www.commercialrealestatewichitaks.com/investments
Real estate will continue to be attractive to investors. Lack of inventory, however, will continue to limit the volume of sales activity. Different local investors purchased:. River Park Place in the Central Business District. Terra Cotta Tower at 29th and Rock Road. The Stinson Morrison and Hecker Building at the Waterfront. Portions of the Wilson Estates Office Park at 21st and Rock Road.
Weigand Forecast - MULTIFAMILY
http://www.commercialrealestatewichitaks.com/multifamily
The multifamily market will be very active in 2014 as new projects come on line and others start construction. The additional inventory may cause vacancy rates to increase slightly but won’t have a major impact overall as the demand for rental properties will stay strong. Multifamily 10 Year Vacancy History. Vacancy rates continue to drop. Major new complex announced for the West Bank. Construction begins on new projects. Residential projects in downtown Wichita continue to attract tenants.
Weigand Forecast - RESIDENTIAL
http://www.commercialrealestatewichitaks.com/residential
The residential market should stay active in 2014 with the number of sales similar to 2013. The National Association of Realtors is projecting that the growth in sales could be limited due to rising interest rates, escalating prices and lack of inventory. The construction of new homes will need to increase to meet demand, but growth will continue to be hindered by lending restrictions on builders. Residential Sales Number of Units Sold. Residential Sales Average Sales Value.
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Weigand Forecast - TO OUR VALUED CUSTOMERS
TO OUR VALUED CUSTOMERS. The forces driving the improving commercial real estate market were also evident in the residential sector where year over year sales increased by close to 10%. Residential sales activity remains near pre-recession levels and the declining inventory of existing homes is generating an increase in new home construction.
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