1. TENANT DENSITY METRICS
Kansas City, MO August, 2009
:: VACANCY RATES
Vacancy Rates (2Q09)
Class A Class B Combined Total
Total Vacant SF
Kansas City 20.40% 11.80% 13.40% 13,469,443
S. Johnson County & College Blvd 22.40% 10.10% 13.20% 3,444,457
:: AVAILABLE SPACE BY SIZE
Breakdown of available space by size
# of buildings with over ____ s.f.: Class A
15,000+ 30,000 + 45,000+ 90,000+
Kansas City 43 29 19 14
S. Johnson County & College Blvd 18 11 6 5
# of buildings with over ____ s.f.: Class B
15,000+ 30,000 + 45,000+ 90,000+
Kansas City 96 45 28 9
S. Johnson County & College Blvd 30 12 9 2
# of buildings with over ____ s.f.: Total A & B
15,000+ 30,000 + 45,000+ 90,000+
Kansas City 139 74 47 23
S. Johnson County & College Blvd 48 23 15 7
:: TENANTS BY SIZE
Breakdown of Tenants by size (not expiration)
# of tenants over: Total 5,000-14,999 15,000-29,999 30,000- 45,000-
1,000-4,999 44,9999 89,999 90,000+
Kansas City 1,661 606 168 66 52 27
S. Johnson County & College Blvd 584 241 56 21 11 6
Percent of Market 64.4% 23.5% 6.5% 2.6% 2.0% 1.0%
:: LARGE TENANTS BY AREA
Kansas City: Over 30,000 SF 43.2%
Over 15,000 SF 59.0%
S. Johnson County & College Blvd Over 30,000 SF 32.75%
Over 15,000 SF 49.61%
:: SPACE COVERAGE
If 25% of Tenants are in market: (average term of 4 years) - Space coverage
25% in Market estimate: 1,000- 5,000- 15,000- 30,000- 45,000-
4,999 14,999 29,999 44,9999 89,999 90,000+
Tenants Kansas City 415 152 42 17 13 7
Tenants S. Johnson County & College Blvd 146 60 14 5 3 2
Space Coverage Kansas City 3.31 4.48 3.62 3.41
Space Coverage S. Johnson County & College Blvd 3.43 4.38 5.45 4.67
(Space coverage is the ratio of the number of spaces available for the number of tenants in the market at that size)
Every 30,000 s.f. tenant (S. Joco) in the market today has 21 choices and there are 2.55 spaces for each one.
Brent Roberts, CCIM ©2009 CB Richard Ellis, Inc. The information above has been obtained from sources
816.968.5830 believed reliable. While we do not doubt its accuracy, we have not verified it and
make no guarantee, warranty or representation about it. It is your responsibility to
brent.roberts@cbre.com independently confirm its accuracy and completeness.