Opus Welcomes First Tenants to KS Industrial Facility
- Mar 15, 2019
The Opus Group has closed the first two leases at its recently completed industrial facility in Olathe, Kan., the second building within 56 Commerce Center. The tenants are Gateway Classic Cars and Lanter, two local companies which will occupy more than 85,000 square feet. Newmark Grubb Zimmer represented Gateway Classic Cars while Colliers International arranged the lease on behalf of Lanter.
For collectible and exotic automobile seller Gateway Classic Cars, the upcoming 38,500 square-foot showroom and storage space will represent its first location in the Kansas City area. The company occupies 900,000 square feet of showroom space in 18 markets in the country.
Lanter will occupy 48,500 square feet of space at 56 Commerce Center. The firm worked together with Opus to customize its logistics facility, adding an additional 30 truck stalls and expanded dock door count.
Increased demand for industrial space
“Coming off the heels of a successful first phase at 56 Commerce Center, this momentum demonstrates the strong demand for industrial space in the area,” said Joe Downs, vice president & general manager at Opus, in a prepared statement.
The industrial building was completed in May 2019 and encompasses a total of 230,000 square feet. It includes a 32-foot clear height, front parking lot and rear truck court with a potential for up to 35 stalls. The facility can be reached via interstates 35, 435 and 49. Opus was the developer, design-builder, architect and structural engineer of record on the project.
Joe Orscheln and Mike Mitchelson of CBRE marketed the property for lease, Mark Long at Newmark Grubb Zimmer, on behalf of Jackson Cooksey, represented Gateway Classic Cars and John Stafford at Colliers International represented Lanter.
In the summer of 2018, Opus broke ground on a mixed-use project in Overland Park, Kan., which is set to add 125,000 square feet of retail and office space to the downtown area.
Image courtesy of The Opus Group