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| Rendering of the Quintiles Office Building, College Boulevard Corridor, Overland Park, KS |
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| Mark Katz |
DENVER, CO –– Holliday Fenoglio Fowler, L.P. (HFF)
announces the sale of the Quintiles
Building, a 239,366-square-foot, Class A office building in Overland Park’s
highly desirable College Boulevard corridor.
The HFF team marketed the asset on behalf of the seller,
The Keith Corporation (TKC).
The Quintiles Building serves as a mission-critical
facility for QuintilesIMS (NYSE: Q), a worldwide leader in integrated
information and technology-enabled healthcare.
Originally
constructed in 2006 as a build-to-suit for Quintiles, the company recently
extended its lease for 176,839 square feet through 2023. In addition, Honeywell (NYSE: HON) took
occupancy of the remaining 62,527 square feet in June 2017.
The four-story
building is located at 6700 W. 115th Street just southeast of the intersection
of College Boulevard and Metcalf Avenue. The Quintiles Building is also
convenient to Interstates 435 and 35 providing access to the Overland Park
area, downtown Kansas City and the entire metropolitan region.
The HFF investment advisory team included senior managing
director Mark Katz and senior
director Peter Merrion along with
managing director Sean Fogarty, a
licensed Kansas real estate broker.
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| Peter Merrion |
“Since TKC developed the building in 2006, the Quintiles
Building has been one of the top assets in the Overland Park market,” Merrion
said.
“Quintiles’ recent long-term
recommitment to the property combined with Honeywell’s lease resulted in this
fully leased building being especially well received by the investment market.
For more
information on this release, please contact:
OLIVIA HENNESSEY
HFF Public Relations Specialist
(713) 852-3500
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