Block & Company Quarterly Review - 3rd Quarter 2025
October 15, 2025
Letter from President David M. BlockThe second half of 2025 has been very exciting, marked by strong positivity and growing activity in the real estate market that is expected to continue well into 2026. Block & Company is seeing a surge of interest in both the acquisition of existing buildings and the development of vacant land sites. Our brokerage team has been highly active in identifying and targeting available properties to meet our clients' needs.
Kansas City as a whole continues to experience strong momentum. With interest rates projected to continue trending downward, enthusiasm for leasing activity this quarter remains high. Without getting into specific regional projects, it's clear that across the metro area there is visible growth - new tenants opening, new construction, and redevelopment projects progressing on schedule. This level of activity is encouraging for Block & Company's business and is expected to carry into next year.
The food and beverage segment of our business has also been especially dynamic. New companies and franchises continue to explore opportunities in the Kansas City market, drawn by the city's national recognition and thriving sports culture. The ongoing visibility brought by Kansas City's championship teams - and even the upcoming high profile wedding - have further boosted interest in the local restaurant and hospitality sectors.
As always, Block & Company remains committed to giving back to the Kansas City community. This year, we've continued to support local employers such as KU Med and Children's Mercy Hospital, as well as charitable organizations that are close to our team's hearts - including Steppin' Stone, Inc., our Q2 Charity of the Quarter.
We sincerely thank everyone who contributes to Block & Company's continued growth and success. Together, we are proud to play a key role in shaping the future of the Kansas City economy. Full Newsletter