AREA partnered with Wichita’s Jeff Lange, owner of Lange Real Estate, Site Box, Red Guard and several other companies, and Kansas City’s B12 Capital, in the development of the IronHorse Manufacturing Park in the South Wichita area. Triple Crown Realty Trust REIT was created to help in the funding and development of this project.
AREA collaborated with the ownership, general contractor and architects to improve the design and layout for the new speculative buildings in the project. AREA was an integral part of this project in many different ways, including marketing material design for IronHorse; securing capital partners that have assisted in financing the project; plan and design review; and comprehensive lease review. In addition, AREA has worked with the city, the Economic Development Entities and local attorneys to provide the best available tax incentives for the project.
The first 103,000 SF speculative building was leased to Cosmic Pet, a company that supplies products to the Walmart’s and Bass Pro Shops of the world. The company expanded shortly after taking the space into an additional 100,000 SF of warehouse space.
AREA was the listing agent on the property.