KANSAS CITY—The wholesale grocery business is experiencing a wave of consolidations, and this is helping put a lot of properties on the market. SpartanNash, a wholesale grocery distributor, has decided to sell its 139,077 square foot food services facility at 2925 Industrial Dr. in Junction City, KS, due to consolidations in the supply chain, and hired JLL to market the property.
“This is a very modern building,” Chuck Rosien, a vice president in the Chicago office, tells GlobeSt.com, and with an asking price of $43.00 per square foot, “it is substantially cheaper than building a new facility.” Furthermore, Junction City sits near I-70 just 130 miles west of Kansas City, MO, and a host of national distributors such as Foot Locker have established significant facilities there to take advantage of the central location. Constructed in 2006, the multi-temperature building also comes with enough land to potentially double in size.
Kevin Wilkerson, managing director in JLL's Overland Park, KS office, and Erik Lund, a JLL associate, are representing the seller.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
