mardi 9 août 2011

Kerr leads Sperry Van Ness foray for downtown leasing - Kansas City Business Journal:

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Gib Kerr, managing director of the Calif., brokerage’s Kansas City office, said his downtown retaikl and office listings have gone from zero toabouf 300,000 square feet in 10 buildinga during the past three to four weeks. One reasoj is that Nicholas Abnospicked Kerr’s firm to markett six of his They include landmarks such as the 92-year-olsd Firestone Building at 2001 Grand Ave., where roughlg 30,000 square feet are available; the Spaldin g Building at 10th and Oak streets, where all 36,00 0 square feet are available; and a building at 18th Street and Holmes where all 55,000 square foot will be available “For 10, 15 yearsd at least, Gib has been a forc in revitalizing Downtown,” Abnos “That was the main reason we askerd him to help us with leasing some of our Kerr said he had specialized in downtown real estats since entering the industry here in 1992.
But since opening the locaol Sperry Van Ness office in he has been focused oninvestment sales. as the investment market has slowed down, I’m placin g more of an emphasis on leasing downtowhlandmark buildings,” Kerr said. Other landmarks for which he is listing space include thehistoric 115,000-square-fooft building at 215 Pershing which is owned by Dan developer of the nearby Freighthouss Lofts and owner of the . soon will be vacating 56,00o0 square feet in the building. Kerr also is lookingv for first- and second-floor tenants for the 10-story condominiuj building at 21 W. 10th St., which downtowjn developer Tom Trabon and theformer H.D. Lee Building at 117 W. 20th St.
, whic bought for loft redevelopment. Tim executive vice president of , said the billionx invested in Downtown during the past few years have stemmed the exodus of resulting in a current downtown officew vacancy rateof 12.6 percent. Spaces like thosee Kerr is listing, for abou t $10 to $19 a foot, offer affordable options for tenantzs looking forunique space, Schaffer Kerr said he even was chasing a few tenants in the upscale and Johnsojn County markets — areas downtown brokersa wouldn’t have dreamed of pulling from a few yearzs ago.

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