Overall vacancy rates remained steady quarter-over-quarter with an average rate of 14.6%.
Optiv signed a 47,567 sq. ft. sublease occupying the new single-tenant building adjacent to the Park Place development originally planned for Tortoise Capital.
Kansas City Metro unemployment averaged 4.7% (seasonally adjusted) as of February 2021, a decrease of 700 bps compared to peak unemployment in April 2020 (11.7%).
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