News that Sears Holdings would close another 142 Sears and Kmart stores broke Monday following the company declaring Chapter 11 bankruptcy. Once again, the national real estate market will have to explore options for millions of square feet of retail space.

Social media has made receiving news from a variety of sources easier than ever! One of the most-used platforms by news sources worldwide is Twitter and Wichita is no exception. Below, in no particular order, are eight Twitter accounts that often cover news concerning local commercial real estate and a mix of other relevant topics.

With the recent number of significant developments and growth in differing sectors of the Wichita market, an important question arises: whether to own or lease your commercial property. Do you want office space downtown, where new investment has created significant changes, with lower rates in some areas?

In 2017, the City of Wichita adopted a Speculative Industrial Building Program. The Spec Industrial Program provides an incentive to provide large industrial/warehouse space needed in Wichita for Economic Development recruitment.

From indoor climbing gyms to ping-pong clubs and ballet studios, there has been a big push for unique “fitness concepts” in recent years in vacant shopping centers and malls. We expect this trend to continue into 2018 and beyond with a variety of new fitness concept trends coming to a neighborhood near you.

NAI Martens presents the Q2 2018 Market Update. Inside you will find market trends and statistics for local commercial real estate from the second quarter. Learn about the office, retail and industrial markets.

NAI Martens is proud to announce the sale of the former Days Inn Motel in Pratt, KS. Troy Farha, Vice President of Retail and Investment with NAI Martens, represented the seller in the transaction.

Small format stores may not be the next “big thing,” as much as they are a natural step in retail’s revolution, given you understand the role physical retail will play in the future.