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Property Management | AREA Real Estate Advisors

AREA Property Management Adds Two New Properties to our Management Portfolio

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AREA Real Estate Advisors is proud to announce that our property management team has taken on the management of The Creamery Building and ON Broadway in the Freighthouse District in Kansas City, Missouri.  The Freighthouse District was once the site of manufacturing and warehousing buildings served by major rail lines passing through.  Over the last decade, the area has been reborn as a cultural, commercial and residential center for Kansas City, featuring new streetscapes, outstanding restaurants, many loft apartments and a vibrant art scene.  It is a highly sought after walkable urban area.

AREA’s Property Management team will be providing the Creamery Building and ON Broadway with the following services: AP Management, Lease Administration, Bid Contract and Administer Vendor Services, Vendor Insurance Administration, Product and Supply Procurement, After Hours Call Out and Alarm Response, Building Engineering Supervision and Security Staff Supervision.

The Creamery Building, located at 2100 Central Street, is 28,000+SF and was built in 1911. Listed in the National Register of Historic Places, it was once home to one of the largest dairy companies in the country. The building was revitalized and has become home to 16 corporate offices ranging from non-profit agencies to design and construction companies.  The building was designed to offer a variety of office suite sizes across four levels to accommodate small to mid-size companies.   Perks of being a tenant? Every tenant gets to enjoy the downtown skyline view while enjoying a game of pool or even some BBQ from the penthouse common space.

ON Broadway is a 35,000+ SF building prominently situated on the southeast corner of 21st & Broadway. The building was formerly called the Candle Building, which was home to two long-time artisan candle manufacturers, Empire Manufacturing Co and Creative Candles, both of which supplied candles internationally.  The building was restored in 2014 into a multi-level office building.  It hosts open floorplans that cater to small and large corporations.  The 360-degree views celebrate the raw historic integrity of the building.

Both buildings are owned by 3D Development.  3D Development revives historic buildings to create contemporary multi-use spaces.  Their visions are endless with office to co-working spaces, restaurants to event spaces.  You will find each building has a thoughtfully designed rooftop space to enjoy the incredible views of downtown Kansas City.  It is their signature feature!

We are excited and thrilled to provide our services to these two properties that make up part of our city’s history!

AREA Real Estate Advisors Welcomes Doug Grossenbacher

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Doug-Photo-for-WebsiteDoug Grossenbacher joined AREA Real Estate Advisors as Executive Vice President and Director of Property Management in 2016.  Doug has been managing property and facilities in the Kansas City market since 1994.

Prior to joining AREA, Doug was the Managing Director of Asset Service for CBRE in Kansas City.  He was responsible for the operations and growth of CBRE’s Kansas City portfolio, as well as having oversight of CBRE’s Asset Services group in St. Louis.  The managed portfolio spread well beyond Kansas City to Lawrence, Topeka, and Wichita Kansas; Columbia and Springfield, Missouri; Des Moines and Dubuque, Iowa; and Lincoln, Nebraska. Prior to joining CBRE, Doug spent ten years with Opus, a developer, builder, and owner of commercial real estate. Doug established Opus’s Kansas property management office, eventually growing to a portfolio of over one million square feet of Class A office space. Working with a developer, Doug had the opportunity to participate in the design-build process, and commissioned seven new office buildings in the Kansas City market.

Doug has worked with clients of all types, from local private equity investors to large institutional investors.  Doug has experience managing distressed properties; working with banks and special servicers; and has acted as receiver on several occasions.  Doug also has a keen understanding for what is required to manage high-profile, premiere properties

Welcome to the AREA team!

Click here to contact Doug.