Pinnacle Corporate Centre V

Transcription

1 Pinnacle Corporate Centre V Tomahawk Creek Parkway, Leawood, Kansas Presented by Kenneth g. block, SIOR, ccim kblock@blockllc.com Hunter Johnson hjohnson@blockllc.com Max Wasserstrom mwasserstrom@blockllc.com 700 W. 47th Street, Suite 200 Kansas City, MO

2 Pinnacle Corporate Center V Table of Contents Property Description...4 Property Aerials...8 Property Site Plans...10 Property Floor Plans...12 Property Renderings...15 Property Elevations...18 Pinnacle Corporate Centre I-IV Leawood, Kansas Sales Contact: Kenneth G. Block, SIOR, CCIm hjohnson@blockllc.com Hunter Johnson hjohnson@blockllc.com Max Wasserstrom mwasserstrom@blockllc.com Pinnacle Corporate Centre V Block Real Estate Services, LLC 700 W. 47th Street Kansas City, MO W. 47TH STREET SUITE 200 KANSAS CITY, MO

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4 Pinnacle Corporate Center V Building Summary Property: Location: Pinnacle Corporate Centre V 114th Street & Tomahawk Creek Parkway leawood, Kansas The Pinnacle Corporate Centre V Office Building will be located on 114th Street just off of Tomahawk Creek Parkway in Leawood, Kansas. Tomahawk Creek Parkway is the newest corporate address in south Johnson County and it is home to such notable firms as American Academy of Family Physicians, Merrill Lynch, Century Business Services, Inc., Mariner Holdings LLC, Montage Investments, Alterra Bank, CMIC, Union Bank and Trust, and a host of other local and national companies. Tomahawk Creek Parkway is a well-landscaped, two-lane divided roadway running north and south from College Boulevard to 119th Street. Building Data: gross Rentable: 71,327 gross square feet net Rentable Area: 67,924 rentable square feet Completion Date: Site: Height: Developer: Description: Tenancy: As demand justifies 179,590 square feet three Stories Block Development Company, Inc. The Pinnacle Corporate Centre V building will be a 3-story, high image office building composed of multiple shades of brick, pre-cast stone and reflective glass. Superior construction and building systems, convenient interstate access, ample parking, along with the south Johnson County location makes the Pinnacle Corporate Centre V an ideal long term office building location. Corporate tenants desiring quality, state of the art, suburban office space in a park-like setting. Parking: The property will contain 282 surface parking spaces or 4 spaces per 1,000 square feet of rentable area. 4

5 Property Description Kansas City Overview: Suburban Office Market: Located at the confluence of the Kansas and Missouri Rivers on the Midwestern Plains, Kansas City is the only major city located within 250 miles of both the geographic and population centers of the United States. Kansas City is a hub for transportation with its superior national highway access, extensive highway infrastructure, its rank as the nation s second largest rail center, and its barge facilities and air freight capabilities. Major employers in the metro area are concentrated in Telecommunications (Sprint Nextel Corp, AT&T, Embarq Corp.), Technology (Cerner Corp., DST Systems), Auto manufacturing (Fort Motor Co., General Motors), and Healthcare (HCA Midwest Health System, Saint Luke s Health System, Children s Mercy Hospitals & Clinics). As of the fourth quarter of 2013, the Kansas City office market inventory consisted of million square feet, spread across 4,243 buildings. Occupancy in the Kansas City office market stood at 87.9% as of the end of 2013, while the average quoted rental rate was $16.84 at the end of the year. Total absorption in 2013 was 1,865,276 square feet while there were 1,098,739 square feet delivered year to date. The Project will be located within the South Johnson County Submarket, which accounted for 822,520 square feet, or 44% of the total market s absorption during Additionally, the South Johnson County Submarket ended the year with average quoted rates of $21.82 in Class A buildings, which were 8% higher than the overall market s average rental rate of $20.13 in Class A buildings. 5

6 Pinnacle Corporate Center V Building Profile Building Address: Building Description: Pinnacle Corporate Centre V 114th Street & Tomahawk Creek Parkway leawood, Kansas The Pinnacle Corporate Centre V building will be a 3-story, high image corporate office building. Superior construction and building systems, convenient interstate access, ample parking, along with the south Johnson County location makes Pinnacle Corporate Centre V an ideal long term office building location. Completion Date: September 1, 2015 Land Area: Building Data: 179,590 square feet gross Building Area: 71,327 +/- gross square feet gross Net Rentable Area: 67,924 +/- net rentable square feet Area Measurements: Floor rentable Square Feet 1st Floor 22,565 square feet 2nd Floor 22,654 square feet 3rd Floor 22,705 square feet On-Site Parking: the property will contain 282 surface parking spaces or 4 spaces per 1,000 square feet of rentable area. Elevators: Roof: HVAC: The building will feature two Otis high speed traction passenger elevators. The elevators will have a capacity of 3,500 pounds with a speed of 150 fpm. The roof will be mechanically fastened TPO Membrane roofing system. the building will be climate controlled by two 95-ton Trane Intelipac units distributed by a variable air volume system. A direct digital control (DDC), with Trane Tracer Summit system, HVAC system will be installed in the building to provide multiple zones per floor. An energy management system with wireless VAV box controls will also be installed to insure energy efficiency. 6

7 Property Description Fire Protection: The building will be completely sprinklered and monitored off-site 24 hours per day. Hours of Operation: Monday Friday: 7:00 a.m. 6:30 p.m. Saturday: 8:00 a.m. 1:00 p.m. Sunday and Holidays: Closed Security: Utilities: Electrical System: Lobby & Common Area: Landscaping: Zoning: the building entrances will have a computer integrated security system, with 24-hour card access. Electricity - Kansas City Power & Light Water - WaterOne Sewer - Johnson County Wastewater telephone - AT&T the building will provide 480/277 volt, 3,000 amp service with capacity to supply 11 watts per square foot. The building will offer one main entrance and two secondary entrances on the main level. Current improvement plans will include granite floors and wood paneled walls. The building lot is to be generously landscaped with flowers, shrubs, and trees. The landscaping will provide a grand and inviting entry point into the property and main entrance. Complete underground irrigation will service all green areas and landscaping on-site. Office 7

8 8 Property Aerials

9 9 Property Aerials 9

10 10 Property Site Plans

11 11 Property Site Plans

12 First Floor Plan KEY Occupied Available 12 Property Floor Plans

13 Second Floor Plan KEY Occupied Available 13 Proeprty Floor Plans

14 Third Floor Plan KEY Occupied Available 14 Property Floor Plans

15 15 Property Renderings

16 16 Property Renderings

17 17 Property Renderings

18 Building Elevations 18 Property Elevations

19 Pinnacle Corporate Centre I-IV Leawood, Kansas Pinnacle Corporate Centre V Kenneth G. Block, SIOR, CCIM kblock@blockllc.com Hunter Johnson hjohnson@blockllc.com 700 W. 47TH STREET SUITE 200 KANSAS CITY, MO Max Wasserstorm mwasserstorm@blockllc.com 700 W. 47th Street, Suite 200 Kansas City, MO