NorthPoint Development has made $50 million in investments and hit 1 million square feet of development in the past 24 months at Riverside Horizons…
The run of new buildings fits strong demand for new Class A industrial office space in the Kansas City area and exceeds NorthPoint’s original expectation that it would increase its industrial outlay by about 150,000 square feet a year.
“… I can’t think of a park, especially industrial, that has done 1 million square feet in 24 months,” NorthPoint Vice President Brent Miles said. Miles credited part of Riverside Horizon’s faster-than-expected development to Riverside City Hall’s speed in approving projects…