REBusinessOnline

Colliers Brokers Sale of 119,920 SF Industrial Building in Lenexa, Kansas

LENEXA, KAN. — Colliers International has brokered the sale of a 119,920-square-foot industrial building in Lenexa for an undisclosed price. The property is located at 16002 W. 110th St. John Stafford of Colliers represented the seller, Himoinsa Power Systems Inc. NT Realty represented the buyer, 110th Street Lenexa

Taqueria Signs Lease to Open Second Location in Metro Kansas City

LENEXA, KAN. — Rudy’s Tenampa Taqueria has signed a lease to open its second location at 8710 Lackman Road in Lenexa. The Mexican restaurant will occupy 4,678 square feet at Country Hill Shopping Center. Other tenants at the property include Rimann Liquors, Ace Hardware, Panera Bread and Sherwin Williams. The original Rudy’s opened in Kansas City in 1993. The opening for the new restaurant is scheduled for mid-August. David Block and Rob Epstein of Block & Co. Inc. Realtors negotiated …

Block & Co. Brokers $1.1M Sale of Gas Station, Convenience Store in Stilwell, Kansas

STILWELL, KAN. — Block & Co. Inc. Realtors has brokered the $1.1 million sale of a 2,887-square-foot gas station and convenience store net leased to Shell in Stilwell, about 30 miles south of Kansas City. The property is located on a 2.4-acre lot at 7770 W. 199th St. David Block and Daniel Brocato of Block & Co. represented the seller, 8386 Blackburn Partners LLC. Arshad Mahmood purchased the

Hunter Hotel Advisors Arranges Sale of 147-Room Hotel in Kansas City, Kansas

KANSAS CITY, KAN. — Hunter Hotel Advisors has arranged the sale of the 147-room Hilton Garden Inn in Kansas City for an undisclosed price. Peachtree Hotel Group purchased the hotel from Fairwood Capital. The property is located next door to the Reardon Convention Center and offers more than 1,375 square feet of meeting and event space. David Perrin of Hunter Hotel Advisors brokered the transaction.

Coleman Signs 1.1 MSF Industrial Lease Renewal in Gardner, Kansas

GARDNER, KAN. — The Coleman Company Inc. has signed a 1.1 million-square-foot industrial lease renewal in Gardner, about 30 miles southwest of Kansas City. The property is situated on 25 acres at 17150 Mercury St. Built in 2009 as part of the Midwest Commerce Center, the warehouse features a clear height of 32 feet, 100 dock doors and parking for 300 trailers. Mark Long and John Hassler of Newmark Grubb Zimmer represented the owner, Gramercy Property Trust Inc., in the lease transaction. …

Rock Enterprises Begins Office Conversion Project in Wichita, Kansas

WICHITA, KAN. — Contractor Rock Enterprises is converting a 12,674-square-foot historic building into a multi-tenant office and retail development. Built in 1911, the property is located at 930 W. Douglas Ave. in Wichita’s Delano District. Property suites will range from 1,200 to 3,500 square feet in size. The building will have a common kitchen, lounge area and conference room. Jeff Englert and Nathan Farha of NAI Martens, the leasing agents for the property, have negotiated leases for No …

Led by Aerospace, Wichita’s Industrial Market Shows No Signs of Slowing Down

The industrial sector remains the prime beneficiary of the numerous technological shifts occurring throughout the economy. E-commerce continues to fuel demand for distribution and warehouse space in the national industrial sector. The Wichita market remains focused on the aerospace cluster, advanced manufacturing and the growing advanced materials sector to sustain and grow the industrial segment. [caption id="attachment_202256" align="alignright" width="100"] Glenn Cox, NAI …

Professional Packaging Systems Signs 247,589 SF Industrial Lease in Olathe, Kansas

OLATHE, KAN. — Professional Packaging Systems LLC has signed a 247,589-square-foot industrial lease in Olathe. The distributor of packaging equipment will occupy space at 16231 S. Lone Elm Road. Ed Elder and John Stafford of Colliers International represented the landlord, STAG Industrial Holdings LLC. Mike Mitchelson of CBRE represented the

Marcus & Millichap Brokers Sale of 10,000 SF Property Net Leased to Fortiline Waterworks in Kansas City

KANSAS CITY, KAN. — Marcus & Millichap has brokered the sale of a 10,000-square-foot property net leased to Fortiline Waterworks in Kansas City. The sales price was not disclosed. Fortiline is a wholesale distributor of underground water, sewer and storm utility products. The property, built in 2017 as a build-to-suit for Fortiline, is located at 330 S. 59th Lane on a four-acre lot. Patrick Doherty, Douglas Diffie, David Houston, Bruce Bentley III and Scott Ryan of Marcus & Millichap …

Waypoint Residential Acquires Four Multifamily Properties in Midwest

ILLINOIS, KANSAS AND OHIO — Waypoint Residential has acquired three multifamily properties and one student housing property in the Midwest. Neither the purchase price nor the sellers were disclosed. The properties include the 196-unit Legacy at Poplar Creek in Schaumburg, Ill.; the 70-unit Two Itasca Place in Itasca, Ill.; the 184-unit The Attleigh in Columbus, Ohio; and the 500-bed Rockland West near the University of Kansas in Lawrence. Dan Price leads Waypoint’s acquisitions in the …

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