Kansas City-Lawrence 2022 Commercial Real Estate Forecast Report

Looking back on 2021, the resilience of our city is to be commended. Despite ongoing challenges facing the local economy, industry and people, the last year has shown the strength of our community. We’ve made dramatic changes to our lifestyle, work environments, daily interactions and the way we conduct business. Through hard work, dedication and resiliency, we were able to deliver extraordinary results amid the challenges caused by the global COVID-19 pandemic. Additional challenges will remain throughout the upcoming year; however, I am confident we will continue to adapt and innovate to better serve the Kansas City business community.

Throughout changing climates and markets, our purpose at Colliers Kansas City-Lawrence remains the same: to serve the needs of our clients. As we take time to reflect on the Kansas City commercial real estate market in 2021, we are also focused on the future and what changes to the industry will look like going forward. Delivering key data and insight is a priority to put our clients in a position to make informed decisions now and in the future.

We hope you remain healthy and safe throughout 2022. We are optimistic about the upcoming year and eager to reconnect soon.

Kansas City-Lawrence 2022 Commercial Real Estate Forecast Report

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Ed Elder

President

Kansas City

+1 816 556 1135

+1 816 405 5303

Ed is the President of the Colliers Kansas City office and is responsible for overseeing all brokerage operations of the Kansas City, Missouri and Lawrence, Kansas offices.

Ed also remains very active in the sale and leasing of industrial properties, along with providing clients expertise on site selection and development services for new construction in the Kansas City metropolitan area.

Ed has significant experience in representing many local and national clients in their real estate assignments.

COMMUNITY INVOLVEMENT

Ed is an active member of the Kansas City community and supports many organizations. Some of these organizations include Cristo Rey Corporate Work Study Program, Morning Glory Ministries and United Way Tocqueville Society. Ed also serves as a board member for The University of Kansas - Cancer Funding Partners, The Police Foundation of Kansas City, and the NE Kansas Catholic Charities Foundation Board. He is a former board member of Coaches vs. Cancer with the American Cancer Society.

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Martin Maguire

Senior Director Research

Kansas City

+1 816 556 1102

Martin Maguire is the Senior Research Director for Colliers International | Kansas City. As part of this role, he coordinates and supervises the various resources and personnel in the research department. Martin is responsible for the aggregation, analysis, interpretation, and reporting of market research, including all quarterly and annual market reports for the Kansas City and Lawrence markets. He establishes procedures for acquiring, entering and verifying real estate marketing data related to properties, listings, tenants and comparable transactions for all local divisions tracked within the database, while maintaining data integrity. He works with all transaction service professionals in serving clients by providing an elevated set of skills, analysis and project management. He is in charge of producing all reports and gathering data for use in analysis, marketing and presentations to corporate clients. He develops client-oriented interpretations and market trend graphics for client understanding.

Martin has been with the firm since July 2012. Prior to his association with the firm, Martin was employed by Cohen Financial, a commercial real estate investment banking company specializing in loan servicing with the asset management team. Prior to his move to Kansas City, Martin previously worked with Capital One N.A. as a disposition analyst within the REO Division, as well as with CoStar Group Inc. as a research associate.

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