9801 Renner Blvd.
Lenexa, KS | 117,000 SF | Investment, Development
Opportunity
A 117,000 SF, three-story, class A speculative office building was designed to kick off Renner Ridge Corporate Center, a 75-acre office park, in Lenexa, Kansas.
Results
Initially 60% pre-leased, the building was completed in 2001 with over 90% occupancy. Current occupancy, which includes two corporate offices, Kiewit Power Constructors Co. and George Butler Associates, Inc., is at 99%. This building has been virtually 100% leased for more than 15 years. Cash flow has been consistent and growing since inception, and value has increased significantly.