Plaza Colonnade — Sale in Kansas City, MO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Kansas City, MO 64112

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Description

Jones Lang LaSalle Americas ("JLL") is pleased to present the exclusive opportunity to acquire Plaza Colonnade (the "Building", "Property" or "Asset"), a premier 292,006 square foot ("SF") trophy asset consisting of a 284,154 SF office building and 7,852 SF of boutique jewel-box retail, ideally located in the heart of Kansas City's esteemed Country Club Plaza submarket. The Property is 92% leased across the office and retail components – trending to 94% leased with prospective leasing activity – and a weighted average lease term (“WALT”) of 7.3 years . The anchor tenant, Husch Blackwell, recently executed a 12-year renewal of their headquarters while allocating $15.5M ($164/SF) in out-of-pocket capital towards an extensive renovation of their space and extending the weighted average lease term of the three largest tenants to 9.5 years . Husch Blackwell’s tenant investment complements a comprehensive 2024 repositioning of the Property's common areas, which delivered an exclusive tenant lounge, a state-of-the-art fitness center, and a tech-enabled tenant conference facility. Plaza Colonnade is one of only four trophy office buildings on the Country Club Plaza , a supply-constrained micro-market where competing assets operate at 98–100% occupancy, positioning the Property to quickly absorb its remaining availability. With below-market in-place rents offering 34–35% mark-to-market upside on its two largest tenants (Husch Blackwell & Five Elms) and new trophy construction requiring rents above $77/SF , the Property is well-positioned to capture sustained rent growth while benefiting from Kansas City's broader economic momentum, including over $5.8 billion in corporate investment since 2020 . Adjacent to the Property, the Kansas City Symphony is developing a $70 million live music venue that will draw touring artists and large-scale performances to the district, reinforcing South Plaza's standing as one of the city's premier mixed-use destinations. Ownership is in activ

Market Context

This office in Kansas City, MO is listed for sale. Compare it against other office listings for sale in Kansas City, MO — view the full market.

As of Q2 2026, the Kansas City office market showed a 17.8% vacancy rate, average asking rents near $23.30/SF/yr, and rents up 5.8% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

Is the Kansas City office market tightening or softening?
Vacancy is around 17.8%, with asking rents rising year over year (Q2 2026).

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