NorthPoint Development is beating its own record with the construction of its newest industrial building at Logistics Park Kansas City.
The company announced Monday that it has started work on its next building at Logistics Park, and the 952,956-square-foot structure will become the metro area’s largest industrial building. NorthPoint also built the prior largest industrial building — 822,177 square feet — in the same park.
The building will be constructed on a speculative basis, meaning with no specific tenant in mind. Managing Director Kevin Wilkerson and Executive Vice President Phil Algrim of the Kansas City office of Jones Lang LaSalle will manage leasing.
Wilkerson said in an interview with the Kansas City Business Journal that both the building and the park’s features make it an easy sell to prospective tenants.
This is the third time NorthPoint has constructed the largest industrial facility, Wilkerson said, and the last two times the building was leased during construction. He said large buildings offer something to local tenants but also help attract out-of-town companies that are looking at the region but aren’t yet settled on Kansas City.
“It just continues to re-emphasize the fact that Kansas City is a major distribution market,” he said.