Technology

Kessinger Hunter brings Silicon Valley's ITRenew to I-35 Logistics Park

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.

A.L. Huber grows in scope and size

Coming off a record year in 2018, A.L. Huber is building on its longtime reputation for quality construction and positioning itself for growth in additional market niches such as healthcare, industrial, and information technology.

 “We are a 116-year old company and in a successful time of transition,” said A.L. Huber President Phil Thomas who assumed majority ownership of the company in 2015. “It’s been a great 3 ½ years. Along with my ownership, we have four additional owners as well. Our future is very exciting.”

 A.L. Huber’s revenue topped $83 million in 2018, up more than 70 percent from $48 million in 2017. Thomas says the growth is largely due to the firm’s strong preconstruction team, which has tripled over the past five years and has helped transform A.L. Huber’s business model.

“A lot of times, people think because we are doing preconstruction work that our pipeline is two years out, but we actually can build 6-8 months down the road,” Thomas said. “We collaborate closely with owner and design team and move projects through the design phase quickly. We know that if we can get the budget and schedule to the owner early, that means we don’t have hiccups when submitting for permits and don’t end up over-budget.”

In the technology market, A.L. Huber recently completed Fishtech Group’s new Cyber Security Operations Center in Martin City as well as Sprint’s new 5G Experience project. The firm reinforced its industrial division in 2018, completing a 315,000-square foot manufacturing facility for Aspen Products in Kansas City and a 255,000-square foot distribution center for TVH in Olathe. On the healthcare front, A.L. Huber is expanding geographically – currently completing construction of a hospital addition in Fall Rivers, S.D..

A.L. Huber’s founding family, the Huber’s, remain partners and very active in the storied construction firm, with Augie Huber serving as CEO. Thomas and Senior Vice President Keith Dorrian guide the firm’s day-to-day operations.

“One of the unique things about our story is that my only job has been at A.L. Huber, and Keith’s only job as been at A.L. Huber. I started here 35 years ago and Keith 23 years ago, so try to drive best practices from everyone we meet—including our peers,” Thomas explained.

With more than 100 years as a family-run business, A.L. Huber prides itself on low turnover. Once they start, employees typically stay with the firm for the remainder of their career.

“It’s still a family culture here, and we truly work hard at finding the best people and then we work hard at keeping them together.”