CenterPoint Properties Announces 450,660 SF Speculative Facility at CIC-Kansas City
Posted By Staff Writers On May 14, 2015 @ 7:17 pm
OAK BROOK, IL – CenterPoint Properties is pleased to announce a new 450,660 SF speculative building within the CenterPoint Intermodal Center – Kansas City. The facility will be located on 38 acres of the transportation and logistics park, which offers direct access to the Kansas City Southern Class I rail line and proximity to 80 percent of the U.S. population within a one-day drive. Mark Long, SIOR, CCIM, and Tracey Mann, SIOR, CCIM of Newmark Grubb Zimmer will have direct responsibilities for marketing the facility.
“The new speculative development in Kansas City exemplifies CenterPoint’s mission to accommodate current and future industrial real estate needs in growing logistics markets,” said Madelyn Montague, Development Manager of CenterPoint. “The demand for facilities of this size is currently underserved in Kansas City. We view this as an opportunity to fill a critical void and help businesses take full advantage of the region’s premier transportation infrastructure,” stated Montague.
This announcement extends the recent wave of development and leasing activity at the CenterPoint Intermodal Center – Kansas City. In February, a newly constructed 300,000 SF speculative facility at the park was fully leased to three tenants. Last October, CenterPoint broke ground on a 55,950 built-to-suit truck terminal for a large retail chain.
“Companies are consistently seeking larger warehouse and distribution space in Kansas City in order to anchor their regional and national supply chains,” said Mark Long, Senior Vice President, Principal of Newmark Grubb Zimmer. “The CenterPoint Intermodal Center – Kansas City continues to be an ideal setting with the space, amenities and strategic location to match a variety of tenant needs.”
A groundbreaking event for the new development will be held on June 3, 2015, at CIC-Kansas City. For more information or for press registration for the event, please contact Jacque Engle, email@example.com.
About CenterPoint Properties
CenterPoint Properties is focused on the development, acquisition and management of industrial property and transportation infrastructure that enhances business and government supply chain efficiency. The company invests in major coastal and inland port logistics markets anchoring North America’s principal freight lanes. CenterPoint‘s portfolio includes 57.3 million square feet and 4,500 acres under development in the company’s integrated intermodal industrial parks. For more information on CenterPoint Properties, visit www.centerpoint.com or follow @centerpointprop on Twitter.
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