(Read more on the industrial market.)

LENEXA, KS-A partnership that includes Zimmer Real EstateServices LLC has floated a 1.8-million-sf industrial and officespace portfolio on the market to see if anyone wants to take abite. The 92%-occupied portfolio of Lenexa Industrial Park Inc.includes about one million sf of Southlake Technology Park, thealmost 50-year-old Lenexa Industrial Park, the 90,000-sf Belletoweroffice building and a 75,000-sf industrial facility in North KansasCity.

It's reported that some believe the properties are worth $150million, and David Zimmer, president of the family-named brokeragefirm, says that's a “fair value.” He says it's not like there's a“for sale” sign out, he can't comment on what the partnership hopesto receive for the portfolio. “The primary reason to sell is thatthe markets have been so strong, we felt like it was a goodopportunity to take some money off the table. If we are able to getwhat we think they're worth, we'll make the decision to sell them.If we can't get the value, who knows, maybe we'll hang on to themfor another 35 to 40 years,” Zimmer tells GlobeSt.com.