Already, nearly half of the medical building has been leased.Among the tenants in the 54,000-sf building will be a physiciansgroup and an outpatient surgical center. The remaining space in themedical building is being leased for $26.50 per sf.

The new medical office building, on the north side of Interstate435 near Nall Ave., is nearly centered among four hospitals: SaintLuke's South, Menorah Medical Center, Saint Joseph Health Centerand the Overland Park Regional Medical Center. Grubb &Ellis/The Winbury Group is handling lease negotiations for Grubb& Ellis, the developer. Cohen-Esrey Real Estate Services Inc.is representing the signed tenants.

Other plans for the corporate campus include buildings totalingabout 340,000 sf. After the medical office is complete, about150,000 sf will remain undeveloped. Three to four more buildingsare expected to be constructed. The first building to be erected inthe office park was built by Opus Northwest, which purchased theland from the Sutherland family, owners of several regional homeimprovement and building supply stores. The Sutherland family willlikely retain ownership of the remaining campus property. Thefamily owns the building now occupied by A.G. Edwards securitiesbrokerage as well as the largest, multi-tenant building anchored byVerizon Wireless.

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