2024 Quarter 3 Update

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Wichita Market Overview Quarter 3 Update

Q2 2024: 26.64%

Q3 2024: 25.08%

Q2 2024: 45,219 Q3 2024: 129,487

Q2 2024: $14.18

Q3 2024: $14.15

Net Absorption Q2 2024: 9.70% Q3 2024: 9.33% Q2 2024: (191,859) Q3 2024: 180,893

Weighted Average Rate Q2 2024: $5.78 Q3 2024: $5.77

Weighted

Rate Q2 2024: $10.92 Q3 2024: $10.91 Q2 2024: (66,925) Q3 2024: 41,003 Q2 2024: 14.50% Q3 2024: 14.60%

NAI Martens is the largest full-service commercial real estate firm in Kansas. Founded in 1948 and headquartered in Wichita, NAI Martens provides a vast array of commercial real estate services throughout south-central Kansas. President Grant Glasgow, SIOR leads a team of professionals with over 150 years of combined commercial real estate experience.

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