IRVING, TEXAS — Scott + Reid General Contractors has completed the 172,000-square-foot Caris Life Sciences headquarters, a conversion of a 12-year-old commercial office building. Located at 6655 N. MacArthur Blvd. in Irving, the property features a 27,000-square-foot laboratory. The company will eventually employ more than 700 workers at the property.
Life Sciences
GERMANTOWN, MD. — Rockville, Md.-based Fisher BioServices has signed a 7-year lease with Minkoff Development Corp. for 20,249 square feet of space in the former MiddleBrook Pharmaceuticals building. The 53,054-square-foot property is located in the Seneca Medows Corporate Center at 20439 Seneca Meadows Parkway in Germantown. Henry Bernstein and Matt Brady of Scheer Partners negotiated a release of MiddleBrook’s current lease so Fischer could move into the building on October 1.
What area is your expertise? Office market in the Kansas City metropolitan area. What trends do you see presently in office development in your area? Little new development. Some mixed-use projects in the works. Who are the active office developers in your area? Local developers. Please name one or two significant office developments in your area. What impact will these projects have on the market? Park Place – Mixed-use suburban office project including retail, residential, office and hotels. Located in suburban Kansas City (Leawood, Kan.) Plaza West – mixed-use office, retail, hotel project on Country Club Plaza. Will be corporate headquarters for local advertising firm Bernstein Rein. Where is the majority of development taking place? Why is this area doing well? Suburban Kansas City What area do you expect to be the next big development market? Why? Suburban Kansas City What areas are doing well in terms of office leasing? Which areas are struggling with office leasing? Suburban Kansas City and Country Club Plaza do well. Downtown Kansas City has struggled but with a new entertainment district along with opening of Sprint Center, it is poised to take off. Please give a measure of office vacancy rates. Please give a …
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