Greater than a 3rd of the constructing is preleased. Picture courtesy of VanTrust Actual Property
VanTrust Actual Property has commenced building on Constructing B2, a 330,000-square-foot industrial undertaking inside New Century Commerce Middle, a 535-acre campus in New Century, Kan. Some 130,000 sq. ft of the constructing are already preleased. This would be the third facility inside the park and CBRE is the unique leasing agent.
New Century Commerce Middle is an industrial undertaking being developed in phases. Section I is designed to accommodate as much as 1.5 million sq. ft and has the 330,000-square-foot Constructing A already offered to Cnano Know-how USA and the 752,000-square-foot Constructing B1 just lately reaching completion and being out there for lease. The already-planned two phases are set to supply 3.6 million sq. ft, with the commercial campus anticipated to ultimately complete roughly 7.1 million sq. ft.
Positioned between New Century Air Middle and John Glenn Parkway, New Century Commerce Middle is near Interstate 35 and 27 miles from Kansas Metropolis. Moreover, the commercial campus will present easy accessibility to the realm’s main transportation hubs and a deep workforce pool. CBRE’s workforce of Senior Vice Presidents Michael Mitchelson and Austin Baier are advertising and marketing the event for lease.
Current industrial exercise within the Kansas Metropolis space
A number of builders introduced industrial tasks within the Kansas Metropolis space this 12 months. In June, Block Actual Property Providers acquired metropolis approval for a 3.7 million-square-foot campus. Tiffany Springs Logistics Middle’s first section will include 1.9 million sq. ft, with building anticipated to start in 2024.
The metro had some 10.2 million sq. ft of business area below building as of October, based on a current CommercialEdge report. One of many newer additions to the pipeline is Vertical Chilly Storage’s multi-modal distribution middle marking the corporate’s eighth such facility.
