New development in the Wichita market was steady from 2013 to 2019, adding approximately 650 units to the market each year. However, development experienced a sharp decline from 2020 through 2022 with under 1,000 units completed during this three-year timeframe.

Multifamily investments in the Wichita MSA stayed strong through the end of 2020 and throughout 2021. The total value of transactions in the market hit a record level in 2020, and the 2021 surpassed it.

NAI Martens – one of the state’s largest commercial real estate brokerage firms – has taken the next step in its leadership transition by elevating Steven J. Martens, CPM, CCIM, SIOR, to the position of Chairman, and naming Tom Johnson, CRE, as In-House Counsel.

We’ve all seen how the Covid-19 pandemic gave the industrial sector the shove it needed to go from well-poised to interstellar.

A recent report from data provider LightBox suggests there is dawning but cautious optimism among commercial real estate (CRE) professionals when it comes to the prospects of the hospitality sector.

New development in the Wichita market was steady from 2013 to 2019, adding approximately 650 units to the market each year. However, development experienced a sharp decline in 2020 with just over 300 units completed.

Our Q3 2021 Retail Core Report provides an update on how retail in the downtown area is fairing.

Check out our latest market update, featuring trends and statistics for the second quarter of 2021 in the office, industrial and retail markets.

Take a look at our 2021 Industrial Mid-Year Report and review some of the trends, transactions and developments taking place in Wichita's industrial market.

We are excited to once again be honored in the Wichita Business Journal’s Real Estate Awards! NAI Martens has consistently been recognized each year in the Top Commercial Firm, Top Commercial Agent and Deal of the Year categories.

Q1 2021 Market Update Trouble viewing? Click here

The fourth quarter in Wichita continued with second and third quarter trends for the most part, seeing increased vacancies across the market – primarily in retail and office. However, multiple…