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A serial entrepreneur and former Freightquote CFO is launching a new flexible office concept for small businesses and startups. Edison Spaces, which debuts in Leawood in November, plans to capture growing businesses in their awkward phase, where business is picking up and real estate needs are growing, but the uncertainty of the startup's survival is threatening.
The new and exciting industry of virtual reality is proving to hold tremendous potential for the future of entertainment, design, and the unthinkable. Here in Kansas City, a local architecture firm is pioneering the technology, becoming the first business in the area to take the tool to new heights.
The University of Missouri-Kansas City has hit its $48 million fundraising target for bringing its Conservatory for Music & Dance to the corner of 18th and Broadway, just across from the Kauffman Center for the Performing Arts. Check out what the next steps are, and how Helix Architecture + Design will tie the campus into the neighborhood.
Greg Graves is the outgoing chairman and CEO of Kansas City-based Burns & McDonnell. After 13 years at the helm of the company during a time of impressive growth, Graves is now headed for retirement. This week, he sat down with members of the Urban Land Institute to share some of his biggest business lessons learned and give a glimpse into what his retirement will entail. As far as we can tell, he isn’t slowing down anytime soon.
With 94 different floor plans Aaron Neighbors and his team has built over the last year, getting to this point is a sigh of relief, if not a little bittersweet.
Some are beginning to raise an eyebrow at the onslaught of new apartments going vertical in the Kansas City metro. Will the absorption rate keep pace with new construction? Will younger professionals and empty nesters continue to trade in their yards and spacious homes for a maintenance-free lock and leave lifestyle?
But Thomas has caught a glimpse of the future.
Two Kansas City firms are forging a relationship that’s leading to impressive growth numbers for both teams. HOK and Polsinelli are now on their 13th project in 11 cities over the past five years. We sat down with HOK President Peter Sloan, HOK project designer Eric Linebarger, Polsinelli director of facilities Mike Polk and Polsinelli chief marketing officer Allison Berey, the small but hard-working team that’s designing and rolling out new Polsinelli offices across the country to hear the secret to their success and the challenges that come with rapid expansion plans.
"Developers know that they’re going to make use of this tool or tools elsewhere to get money, and who can blame them? If you’ve got a fiduciary responsibility to your shareholders, you go get the best deal you can. But I wish our city leaders would stop being suckers about who they give money to."
--Patrick Tuohey, The Show-Me Institute
DEALS OF THE WEEK
Kessinger Hunter brokers a deal that lands a new tenant at a climate-controlled warehouse in Kansas City, Kan.
With Newmark Grubb Zimmer brokers on each side of the deal, a St. Louis investment entity sells an Olathe retail center to new owners.
The capital markets team at Newmark Grubb Zimmer have negotiated the sale of a popular shopping center in Gladstone, Mo.
With this transaction, Newmark Grubb's Capital Markets team has closed or put under contract investment assets in Missouri and Kansas totaling $73.million and 1.45 million square feet.
Block & Company brokers inked a deal to bring a new retailer to Lenexa.
Spartan Logistics has 3.22 million square feet of space nationwide, mostly in Ohio. Now the company is making its way into Kansas City with a lease to fully occupy an industrial warehouse facility at 4700 Deramus Ave. in Kansas City, Mo.
Brokers from Cushman & Wakefield's Kansas City office have closed on the sale of an office building in Johnson County.
The original 107,000-square-foot building was constructed in 1904, then renovated and expanded with a 25,000-square-foot concrete addition in 1985. It was renovated again in 2007. Today, the six-story, 132,000-square-foot center serves as a primary gateway to Kansas City’s central business district.
Debbie Schulte and Greg Swetnam of Kessinger Hunter have closed on the sale of the 207,421-square-foot Flashcube building at 720 Main. It sold to MRNS Holdings LLC. The listing price was $3.5 million.
Colliers International takes home the deal of the week with the sale of an industrial building in Parsons, Kan., and Kansas City, Kan.
- Newmark Grubb Zimmer
- Copaken Brooks
- Lee's Summit
- Helix Architecture + Design
- Colliers International
- NorthPoint Development
- Hunt Midwest
- McCownGordon Construction
- Cushman & Wakefield
- Block & Company Inc. Realtors
- Crossroads Arts District
- Rick McDowell
- NAI Heartland
- Lee's Summit EDC
- Burns & McDonnell
- Shafer Kline & Warren
- KCRAR Commercial
- Kessinger Hunter
- Block Real Estate Services
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