Kessinger Hunter & Company has finalized a long-term lease with ITRenew, an information technology and service provider from Silicon Valley.
The 315,000+ SF space in Building C was the last vacancy of the 1.3 million SF presently constructed at Olathe's I-35 Logistics Park.
“We could not be more excited to make I-35 Logistics Park our largest North American facility. As our processing and production capabilities continue to scale at a rapid rate, I-35 Logistics Park and Kansas City more broadly offers us the skills and resources we need to grow,” said Aidin Aghamiri, CEO of ITRenew.
Located only 2.5 miles from the city’s new 159th & Lone Elm interchange at I-35, and 8.5 miles from the 1,200-acre BNSF Intermodal Center, I-35 Logistics Park is primed to deliver up to its capacity of 4.7 million SF.
“Companies like ITRenew in the information technology sector are just another example of the continuing strong demand for state-of-the-art, large facilities in the Midwest,” said Dan Jensen, Kessinger Hunter landlord rep.
Based in the heart of Silicon Valley, ITRenew is the world’s leading provider of hyper-scale data center services. The firm is orchestrating a circular global IT hardware ecosystem by providing technology-enabled hardware decommissioning services to the largest technology businesses in the world and using hyper-scale technology to create high-performance compute and storage solutions for all other IT-hardware buyers.
Eliminating all data security risk and ensuring complete regulatory compliance for clients lies at the foundation of the firm’s work.
“We are now looking to move forward on developing our next building at I-35 Logistics Park and our belief is that the availability of Class A big-box space will make Kansas City an even more enticing destination for expanding companies,” Jensen added.
The landlord was represented by Dan Jensen, SIOR and Kurt Jensen, SIOR member associate, both of Kessinger Hunter. ITRenew was represented by Brad Struck, SIOR and Sharon Morrison, SIOR of esrp Tenant Advisory Services of Dallas; and represented locally by Matthew Severns, SIOR of Kessinger Hunter.