Category: Martens Companies

NAI Martens is pleased to announce that Troy Farha is representing the leasing of the former Greyhound bus terminal.  Located in downtown Wichita, blocks from Intrust Bank Arena the property is currently undergoing extensive remodeling.  For more information on this property click HERE! This property features 14,426 SF on 2 levels; ground level has 8,510 SF and the second floor has 5,916 SF Zoned:  CBD- Central Business District High ceilings, flexible space Covered Parking Lot Remodel includes new roof and HVAC system Great office, restaurant, or office/showroom space.   Click HERE…

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Steve Martens, Kris Wessel and Tom Johnson just returned from the NAI Global Convention held in Carlsbad, California last week. Principals, brokers and marketing managers from offices around the world convened at the La Costa resort for three days of meetings, breakout sessions, education classes and networking. We had the opportunity to meet with representatives of companies across Europe and new members throughout the country and share information on Wichita at the New Professional and International Welcome Reception held the first evening. There were excellent presentations throughout the three days…

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The NAI Martens research department and Multifamily Team of Jeff Englert and Nathan Farha are pleased to present the Wichita Multifamily Market Update for Q3 2017.   Click HERE to view this report. Click HERE to view all our research publications. About NAI Martens 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 and Topeka. NAI Martens is led by CEO Steve Martens, CCIM, CPM, SIOR…

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NAI Martens is pleased to announce that Jeff Englert and Grant Glasgow have been selected to represent the sale of the Ridgefield Twin Homes.  Located in Valley Center, Kansas the newly constructed Ridgefield Twin Homes encompasses 90 units in 45 buildings.  For more information on this property click HERE! This property features Mostly three-bedroom, two-bathroom duplexes with options for a one or two-car garage. Amenities include a neighborhood playground, fishing pond and a party pavilion with a grill. Unit amenities include beautiful concrete flooring, granite counter tops, washer and dryer hook-ups, walk-in…

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  Site work has begun and construction will start later this month on a highly anticipated College Hill development. A local development group called Uptown Landing LLC recently closed on its purchase of more than 4.5 acres of land northeast of Hillside and Douglas. That entity purchased the land from the city of Wichita for $300,000. Now, the group is moving forward with a $25 million development plan for the properties at 3241 E. Victor Place and 3221 E. First Street. The project brings with it plenty of local involvement.…

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Overall Economic Activity Economic activity expanded at a modest to moderate pace across all twelve Federal Reserve Districts in July and August. Consumer spending increased in most Districts, with gains reported for nonauto retail sales and tourism, but mixed results for vehicle sales. Capital spending also increased in several Districts. Manufacturing activity expanded modestly on balance. That said, reports were mixed regarding auto production, and contacts in many Districts expressed concerns about a prolonged slowdown in the auto industry. Both residential and commercial construction increased slightly overall. Low inventories of…

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NAI Martens is pleased to announce that Kris Wessel and Ryan Hubbard have been selected to represent the lease of 149 N. Andover Road.  Located on Andover Road this  630 SF space is the only vacancy remaining in the highly visible property. For more information on this property click HERE! This property features An office suite with Andover Road signage Ample door-side parking Great visibility A functional layout Click HERE to view the property flyer About NAI Martens   NAI Martens is the largest full-service commercial real estate firm in…

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Like all Americans, our hearts go out to the City of Houston and all its residents during this time. The CoStar Group has published an interesting white paper about the impact of Hurricane Harvey on the Houston commercial real estate market.  Here is a link to the white paper: Hurricane Harvey Impact on Houston Commercial Real Estate Market. This post originally appeared on The Tenant Advisor. 

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Virtual reality (VR) is expected to make a $15.6 Billion impact on the economy in 2020, so it’s safe to say that this is less of a trend and more of a future way of life. Just as most technology and visual media disruptions have historically impacted commercial real estate – VR is no exception. Here are three ways virtual reality is impacting CRE the most! Virtual reality lets you see a space before it’s even made. Whether you’re turning a demolished pile of rubble into a luxury apartment building, a…

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For Immediate Release   Contact:            Andrew Braun 316.847.4913 [email protected]   NAI Martens Represents Sale of Farm Credit Bank Building   WICHITA, KS – August 17, 2017– NAI Martens announced Thursday that it brokered the sale of the Farm Credit Bank Building. Kris Wessel and Grant Glasgow of NAI Martens represented the buyer, while Tom Johnson, also of Martens, represented the seller. Delano Investment LLC, a partnership between BirdsEye Holdings and  Murfin Inc., purchased the 257,364-square-foot building, located at 245 N. Waco, from CoBank, part of the Farm Credit System based…

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