Block commits $15 million to speculative office building in KC area

Block Real Estate Services headquarters are located on Kansas City's Country Club Plaza. | Photo by Michael Stacy
Block Real Estate Services plans to build the first spec building to hit the Kansas City market in years. | Michael Stacy/Missouri Business Alert

Amidst ongoing demand for Class A office space in the Kansas City area, Block Real Estate Services LLC announced the construction of a three-story, 67,500-square-foot office building in southern Johnson County.

Construction of the $15 million project will begin later this month, Block said, and the project is fast tracked for completion in September 2015.

The building, named Pinnacle Corporate Centre V, will be a speculative office building, meaning a building erected without signed tenant leases. It will be the first speculative office building to hit the Kansas City market in years.

Read more from the Kansas City Business Journal


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