Kessinger/Hunter & Company announced this week that it would seen begin constructing the largest spec building ever constructed near the New Century Airport in Kansas City. The new 821,256 square foot warehouse dubbed "Building B" in the I-35 Logistics Park at 155th and Old 56 Highway in Olathe, Kansas, part of the Kansas City region. No price tag was attached to the Kessinger/Hunter project, but the Kansas City Star reported that the warehouse is expected to be completed in the first half of 2013.
"We are thrilled to have an 800,000-plus-square-foot warehouse coming to Olathe--built by such a quality developer and placed in such a prime location," said Olathe Mayor Michael Copeland. "It's a testament to their optimism about the economy and their confidence in Olathe and Kansas City that Kessinger/Hunter is investing so significantly in our community."
Kessinger/Hunter will exclusively market the new 800,000-sq.-ft. facility for lease. While no tenant has been lined up at this point, Dan Jensen a principal at Kessinger/Hunter, predicted the project will benefit from a sprawling intermodal rail and truck distribution facility being developed by Burlington Northern seven miles away in Edgerton.
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