Newmark Zimmer and Scannell Properties announced the first completed lease at Lee’s Summit Commerce Center in Lee’s Summit, Missouri. The lease, totaling 215,730 square feet, will take half of building A, a 430,000-square-foot cross-dock facility, planned for completion later this year.
Lee’s Summit Commerce Center is the first bulk Class-A speculative industrial development in Lee’s Summit with modern industrial amenities such as a cross-dock operation and 32-foot to 36-foot clear heights.
The three-building, 781,000–square-foot project is located on 75 acres just west of NE Douglas Street and NE Tudor Road. All three buildings are currently under construction and are expected for completion in the first quarter of 2023.
Developed by Scannell Properties, Lee’s Summit Commerce Center can accommodate tenants from 30,000 to 200,000-plus square feet. Building A is a 430,000-square-foot cross-dock, building B is a 238,000-square-foot single-load and building C is a 113,000-square-foot single-load. Both building B and C are planned to be completed early first quarter of 2023.
Newmark Zimmer represented the landlord and CBRE represented the tenant in the lease transaction.
