South Johnson County attracting large office users

Despite the recent announcement that Applebee’s will be moving its corporate office to 8140 Ward Parkway in Kansas City, MO, the Johnson County Office Market continues to attract large users.

For the first half of 2011, the South Johnson County Market experienced significant positive absorption with large deals including Dex One leasing 63,000 square feet at the old Chrysler Financial Building and UnitedLex moving into 24,000 square feet at the Sprint Campus.  Other tenants making the move to The Campus this year have been KeyBank (66,000 SF) and MIQ Logistics (42,000 SF). In addition, FishNet Security announced in July their intent to relocate from downtown Kansas City, MO to The Campus by leasing 63,000 square feet. 

Big picture views help match tenant and correct business deal

Don’t lose sight of the big picture. That seems like a simple piece of advice. But when balancing the day-to-day responsibilities that come with operating a successful business and the chore of finding the perfect space to keep that business running at top performance, keeping the big picture in mind can be a tough task.

For Zimmer’s leasing team, the key to a successful move to new space lies in creating and adhering to an effective map.

Strong plan, partnership pay off for Church of the Nazarene

Since 2006, Zimmer Real Estate Services has been serving the Church of the Nazarene in various roles, managing the development of its new headquarters and Global Ministry Center, brokering the sale of its former headquarters campus and providing property management services for the new facility.

More than four years ago, the Church of the Nazarene began development of a new headquarters building designed to consolidate its officers and employees and provide a new and more efficient replacement for its 13-acre campus on the east side of Kansas City, Missouri.

SBA parameters expand to assist more projects

The SBA 504 loan program is designed to spur economic development and encourage small business owners to grow their businesses.  This program offers long-term, fixed rate financing with aggressive interest rates and as low as a 10% down payment.  It can be used to purchase long-term assets, land, existing buildings, new construction and modifications to an existing facility.

Topeka poised for continued growth

Topeka has had tremendous success landing large industrial deals during the past few years. A historically strong industrial base has long included companies like Goodyear, Hill’s Pet Nutrition, Del Monte Foods Pet Products and Frito Lay. However, aggressive incentives such as free land combined with experienced economic development officials at Go Topeka with a “We Can Do That” attitude have proven a winning recipe for the continued growth of the Topeka industrial market. Go Topeka is the economic development organization for Topeka and Shawnee County and is part of the Topeka Chamber.

Take a look at Kansas City’s underground alternative

The geography in Kansas City offers a unique opportunity to provide underground storage space in a limestone formation prevalent in this part of the country. As the areas have been mined for limestone, the remaining product is a unique space solution for a wide variety of space users. We have been focusing on providing information in our regular market reports on the underground market for industrial space in Kansas City. This is an important part of our market and prudent for prospective users to understand and consider.

The greenest cities

Who doesn’t love a good list? Time Magazine recently published a list of North America’s “greenest” cities. Kansas City didn’t make the list of 27 cities, but St. Louis rang in at No. 26, one spot higher than Detroit, Mich.