Office Building and Related Assets in Kansas
Listing Information
Office Building and Related Assets in Kansas
Price: $14,650,000.00
Created: 01/23/2019
Category: Real Property > Commercial > Office Building
Sale Date: None Set
Debtor's Attorney
2345 Grand Boulevard, Suite 1925
Kansas City, MO 64108
816-561-1818
Case Title: CIP Investment Properties, LLC
Court: Kansas Bankruptcy Court
Chapter: 11
View Case Docket
Real Estate Location
Wichita, KS, 67226
Description
Sale of office building known as Thorn Building located in Wichita, Kansas. The Property consists of two Class A office buildings with a connected atrium totaling 150,026 rentable square feet located in Wichita, Kansas. Much of the Project was designed by best-in-class architecture and design firm, Gensler.
The three-story mixed-use buildings delivered in 1988 and 1994 and sit on 13.82 acres, which back up onto an 18-hole golf course. The Thorn Building is ideally located in the wealthy NE submarket between Rock and Webb Road. Furthermore, convenient access to K-96 (0.5 miles) makes the building easily accessible from nearly any quadrant of city. The Property has a number of amenities that make it stand out including an enterprise level data center, key card access, gym, indoor basketball courts, and indoor racquetball courts.
The Thorn Building has a strong history of national credit tenants and was originally a built-to-suit for Rent-A-Center’s corporate headquarters. Other notable tenants include Coleman (functioned as their Corp. HQ), Accenture, Jarden Corporation, Grant Thornton, State Farm, and Via Christi Health.