The Wisconsin-based company said the facility will begin with 15 employees, though that number is expected to grow to 100 during the next five years. ACM is leasing 120,000 square feet of Building 3 in the WestLink Business Center, near Kansas Highway 7 and 43rd Street. Whitney Kerr Jr. and Rob Holland of Cushman & Wakefield led the real estate team for the project. Click here to read more.
The former Environmental Protection Agency's Region 7 headquarters in downtown Kansas City, Kan., finally will find new life. The University of Kansas Health System announced Wednesday that it bought the long-vacant building for an undisclosed amount. It will house behavioral health services and administrative functions for one of the area's largest health systems. Cushman & Wakefield Senior Vice President Suzanne Dimmel served as the listing broker. To read the full article, click here.
Stanton Road Capital LLC, a Los Angeles-based investment management firm, has completed the purchase of 2323 Grand, an 11-story, 321,000-square-foot Crown Center office building, from Assurant Inc. Cushman & Wakefield's Kansas City office has been hired by Stanton Road Capital to provide leasing and property management services for Plaza West and 2323 Grand. Mike Mayer, managing principal of the local Cushman & Wakfield office, said that Miles McCune will lead the leasing effort and that Jeannette Vahle will lead the property management effort. To read the full article, click here.
Kansas City Business Journal: Newsmaker: Accurso thrives in the daily grind of commercial real estate
Joe Accurso figures he’s been involved in transactions totaling somewhere north of a half-billion dollars during his two decades as an industrial real estate broker. As Cushman & Wakefield’s Kansas City tenant representative for big names such as CVS and Amazon, Accurso has helped negotiate leases for distribution facilities ranging from 500,000 to 1 million square feet. Click here to read the full article.
Whitney Kerr Sr., a senior vice president with Cushman & Wakefield, received a lifetime achievement award from the Kansas City chapter of the Urban Land Institute during its Developments of Distinction Awards ceremony on Tuesday. Click here to read more.
Congratulations on Suzanne Dimmel, CCIM--2017 Women Who Means Business Honoree. Now in its 18th year, the Kansas City Business Journal’s Women Who Mean Business program honors top-ranking women in Kansas City businesses who also take an active role in the community and in helping other businesswomen. Since the program began in 2000, it has recognized 450 women. To read more about Suzanne, click here.
As might be expected, San Jose and San Francisco, the bookends of Silicon Valley, rank first and second among top U.S. tech cities in a new report from global commercial real estate firm Cushman & Wakefield. But the top 25 list published as part of the Tech Cities 1.0 report also includes some more unexpected markets, such as Madison, Wis.; Columbus, Ohio; and Kansas City. To read the entire article, click here.
Cushman & Wakefield Launches Inaugural ‘Tech Cities 1.0’ U.S. Report: Surprise findings in a Top 25 that otherwise secures Silicon Valley’s crown as king of tech
KANSAS CITY, MO., June 8, 2017 – Kansas City has emerged in 22nd place within the top 25 U.S. tech cities, with San Jose (Silicon Valley) and San Francisco capturing the first and second spots respectively, according to Cushman & Wakefield’s inaugural “Tech Cities 1.0” national report launched today. “This accomplishment is the result of more than a decade of work from different parts of the community,” said Michael T. Mayer, SIOR, Managing Principal of Cushman & Wakefield’s Kansas City office. “One of the most exciting parts of being included in this list is that it will generate more attention to the diverse successes that led to this national recognition. The city is a great place to be now, and it just keeps getting better." The top 25 tech cities were determined by analyzing the concentration of factors such as talent, capital, and growth opportunity – the key ingredients that [...]
Downtown adaptive reuse projects, suburban build-to-suit, and the explosive coworking trend are among bright spots in the Kansas City regional office market, according to panelists at MetroWireMedia's 2017 Office Summit on June 6 at The Grand Hall at Power & Light. While the tech-friendly vibe of Downtown and the Crossroads Arts District continue to attract creative relocation and expansion projects, the suburban office market-- driven by medical office demand-- is gaining momentum of its own. “The interesting phenomena here is that we are all excited about what’s going on Downtown and the coworking opportunities, but demand for office space in the suburbs is still robust,” said Suzanne Dimmel, director at Cushman Wakefield. “There’s up to 4 million square feet of planned office space in the suburbs currently on the horizon.” To read the entire article, click here.
With the supply of Class A office tightening in Downtown, Briarcliff Development Corp. is gearing up for the final phase of office construction within its nearby 400-acre mixed use community in the Northland. Briarcliff Development President Richie Benninghoven said the firm is starting to market four shovel-ready sites for office buildings in Briarcliff that could range in size from 30,000 to 200,000 square feet. Construction of each probably will begin after lease commitments totaling 40 to 50 percent of the building’s square footage, Benninghoven said. The new office sites include three just south of Missouri Highway 9 and just north of the McCrite Plaza senior-living development and Briarcliff’s newest apartment project, The Landing. Although those three sites are in Kansas City, the fourth new office site lies just north of M-9 next to Cantebury Academy at 1701 NW Platte Road in the Riverside portion of Briarcliff. A formal unveiling is scheduled [...]