OVERLAND PARK, KS-Axxcess Realty Advisors LLC, based in NewportBeach, CA, was recently named by a private family investment groupin that state to manage two office properties here. The group ownsCreekview Corporate Center and Highland Corporate Campus, bothlocated in this Kansas City, MO suburb.

Craig Morris, Axxcess CEO, had previously been managing the twoproperties for the family as he worked at a smaller firm inCalifornia. He’s also handled property management for both Grubb& Ellis and Cushman & Wakefield. In his move to Axxcess,Morris said he brought these two properties over. “The familyrehired me,” he says.

The 112,750-square-foot Highland, at 10740 Nall St., is 86%occupied with tenants such as Verizon, ING and FCB Bank. Creekview,a 121,475-square-foot building, is 91% occupied by tenants such asGentiva, Accredo and Thrivent Financial. Both were developed by theOpus Group less than 10 years ago. “The effective lease rate at thecomplexes is in the $19 per square foot range, depending on thenuances of the deal and the tenant,” Morris tells GlobeSt.com.“We’ll probably sign two new leases in the next 30 day, as well asa large renewal.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.