Occidental Management, a Wichita-based real estate development firm, broke ground this month on The Offices at Cranbrook, the first new Class A office space in northeast Wichita in four years according to a Wichita Business Journal article. "There are business owners out there who want to expand, want to grow," said Occidental president Chad Stafford at a groundbreaking ceremony for the Offices at Cranbrook, at East 21st Street and Cranbrook, east of Webb Road. Occidental also said during the ceremony that more than 50% of the first phase of the project pre-leased.
The Offices at Cranbrook will total over 60,000 square feet of space in four buildings once complete, with offices that include patios that look out over a lake. This site is also in close proximity to K-96 Expressway offering easy access from anywhere in Wichita. The roughly 24,000-square-foot first phase should be ready for move-in by December or January, according to Stafford. The contractor for the offices is Sauerwein Construction Co. Inc. The architect is Spangenberg Phillips Tice Architecture. Rose Hill Bank is the lead lender with Union State Bank also participating in the loan.
For more news and information visit Blumberg Capital Partners.
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