VanTrust Real Estate has commenced construction on Building B2, a 330,000-square-foot industrial project situated within New Century Commerce Center, a 535-acre campus in New Century, Kan. Some 130,000 square feet of the building is already preleased. This will be the third facility within the park and CBRE is the exclusive leasing agent.
New Century Commerce Center is an industrial project being developed in phases. Phase I is designed to accommodate up to 1.5 million square feet and has the 330,000-square-foot Building A already sold to Cnano Technology USA and the 752,000-square-foot Building B1 recently reaching completion and being available for lease. The already planned two phases are set to provide 3.6 million square feet, with the industrial campus expected to eventually total approximately 7.1 million square feet.
New Century Commerce Center is located between New Century Air Center and John Glenn Parkway, close to Interstate 35 and 27 miles from Kansas City. Additionally, the industrial campus will offer easy access to the area’s major transportation hubs and a deep workforce pool. CBRE’s team of Senior Vice Presidents Michael Mitchelson and Austin Baier are marketing the development for lease.
Recent industrial activity in Kansas City area
Multiple developers announced industrial projects in the Kansas City area this year, including Vertical Cold Storage’s recent multi-modal distribution center. The 300,000-square-foot facility is currently underway and marks the company’s eighth such distribution center.
In June, Block Real Estate Services received city approval for a 3.7 million-square-foot project in the same area. Tiffany Springs Logistics Center’s first phase will consist of 1.9 million square feet, with construction expected to begin in 2024. The $365 million campus will be developed in three phases on 281 acres.