Commercial Realty in Kansas City | Southcreek

Letters of Intent and Commercial Realty in Kansas City

Finding commercial property for your business can be a multi-step process. You need to find a location that will best serve your business, make sure the site is up to environmental standards, draw up a contract, and more. This can be a long and arduous process. Creating a letter of intent can be an efficient and nonbinding way to confirm with your lender the potential terms of your lease before undertaking the whole contract process. Here are a few thoughts from an expert on the usefulness of LOIs:

What is an “LOI” or letter of intent? An LOI is a document used in negotiations for the purchase or sale of a piece of commercial real estate. The purpose of an LOI is to set forth the basic business terms of the sale that both parties have discussed and agreed upon before drafting the contract. In most cases, LOIs expressly state that the terms of the LOI are understood by both parties to be not binding.
Should a leaser and renter of commercial property create a letter of intent? It may be in the best interest of both parties to utilize a letter of intent. Because the letter is a record of the essential business terms of the commercial property sale that have been mutually agreed upon, the LOI allows both parties to expeditiously conform in writing their thoughts on the contract and the sale.

Southcreek Office Park has affordable office space in Kansas City for businesses of all sizes. To start discussing a lease with us or find out more information, give us a call at 913-685-4100!

Common Questions about Commercial Realty in Kansas City

Perhaps you are just starting a business and are not quite familiar with all of the ins and outs of renting commercial real estate. Here are a few common questions about commercial real estate transactions and some expert answers:

What exactly does commercial real estate mean? Commercial real estate can refer to any real property transactions in a business context. This could mean something as basic as renting office space, or owning and selling real property (i.e. an apartment complex) as part of the sale of a business. The property could be agricultural, industrial, or even residential spaces being used for business purposes.
What are some typical risks of a commercial real estate transaction? Some commercial properties might come with liens or other title problems depending on the type of business. Other common issues include zoning concerns or the presence of hazardous materials. Those looking to buy commercial real estate also need to consider whether the location of the real estate serves their business’s needs.
Does it matter how I take title to commercial real estate property? There are many issues that could arise regarding how you chose to take title. Taking title to the property as an individual is risky, because you could be dealing with possible liability exposure that you would be better off minimizing or avoiding altogether. Experts recommend that instead renters take title to commercial properties in the name of a limited liability company with a single purpose.

If you want to know more about getting started finding commercial office rental in Kansas City, give our broker Kathy Woodward DDI Commercial a call at 913-685-4100!

July Puppet Shows at Crown Center near Southcreek Office Park

Give your kids the opportunity to watch a free professional puppet show at Crown Center this summer! Some of the region’s best puppeteers will be performing at Crown Center throughout the month of July. Here is some more information about this kid-friendly and unique opportunity:

Schedule of Performers:
Clement McCraw Puppets – July 7
StoneLion Puppet Theatre – July 14
Bob Kramer Marionettes of St. Louis – July 21
Paul Mesner Puppets – July 28

Performance Times: noon and 2:00 pm

Admission: FREE

Duration: less than an hour

Location: Crown Center Shops, Level 1 Atrium

Phone: 816-274-8444

Don’t miss out on this chance to spend some time with family without spending money. For more information about these shows, give Crown Center a call or visit their website. Crown Center also has several other exciting and family-friendly events throughout the summer, such as the Dinosaurs: Land of Fire and Ice exhibit, “Once Upon a Mattress” performances, and Free Friday Night Flicks. While you’re at Crown Center, you can also checkout the SEA LIFE Aquarium, LEGOLAND Discovery Center, and the multiple theatres.

Thinking about renting commercial realty in Kansas City? Not only is it a great city in which to live and play, especially if you are looking for plenty of fun family events, but the area also has great opportunities for your business. Southcreek Office Park is located near many amenities and services in the Kansas City area that could be useful to you and your clients, including hotels and motels, restaurants, banks, and more. Give one of our commercial real estate brokers in Kansas City a call at 913-685-4100 to find out more about our available office spaces!

Latino Art Bravisimo Show Near Southcreek Overland Park

If you want to escape the heat and spend a day in a cool art gallery, check out the Latino Art Bravisimo Tenth Annual Art Show! The show will feature Latin American artists showcasing art uniquely related to Latin American Culture, including pieces by the artist and survivor Eugenia Oritz.

Eugenia Oritz sculpts using fiber and other natural-looking forms and textures to try to capture the organic nature of life. She creates three-dimensional sculptures that explore themes that occur in the natural world and their connection to incidences in human life.

Dates: June 8 – July 16
Times: Monday through Friday from 8:00 a.m. – 5:00 p.m.
Location: Lenexa City Hall, 12350 W. 87th St. Pkwy.
Admission: Free!

Don’t miss this opportunity to experience the depth of culture in Kansas City, show your support for local artists, and enjoy a unique experience! To stay updated on more cultural or artistic events like this around Kansas City, subscribe to the Southcreek Newsletter.

Kansas City is a town full of cultural events for you to enjoy with your family or bring clients to. Choosing commercial realty in Kansas City with Southcreek Office park puts you near these events, as well as other commodities in the Overland Park area that could be beneficial to your business, such as hotels, banks, restaurants, golf courses, and more! To find out more about events, amenities, and even discounts available to you when you rent office space in Kansas City, give one of our commercial real estate brokers in Kansas City a call at 913-685-4100!

Leeza Gibbons: A Caregiver’s Event Near Southcreek Overland Park

If you are the caregiver of a loved one looking for tips, resources, and solidarity, come to Leeza Gibbons: A Caregiver’s Event, sponsored by Brookdale Senior Living, which has nine locations in the Kansas City area and is the largest provider of senior housing and other related services in the nation. Leeza Gibbons is a health advocate, the co-host of the TV shows “America Now” and “My Generation,” and the author of the book Take Your Oxygen First. Gibbons, an experienced caregiver, will be offering advice and insights for how to take care of yourself and your loved one. Here are some details on this exclusively for caregivers event:

Date: May 3, 2012
Time: 8:30 am – noon
Location: The Sprint Auditorium and Winter Garden Sprint Campus, 6200 Sprint Parkway
Schedule:
8:45 – registration
9:30 – presentation
1045 – book signing
Reservation Information: call Linda Daab at (913) 231-1678 or email her at ldaab@brookdaleliving.com.

Admission is complimentary, and the event will include light refreshments, caregiving resource materials, product displays, massages, and prizes! The first 100 people to register will get a free copy of Take Your Oxygen First. Don’t miss this event!

Opportunities like this make Kansas City, and especially Overland Park, a great place to both live and work. If you would like to learn more about the advantages of renting commercial realty in Kansas City with Southcreek, give one of our commercial real estate brokers in Kansas City a call at 913-685-4100!

Commercial Realty in Kansas City at Southcreek Building XVI

Looking for affordable office space in Kansas City? Southcreek Office Park, located in Overland Park, Kansas, has several buildings with available office suits of different shapes and layouts. We are located close to all the amenities of Overland Park and we are willing to work with you to design your office space to best meet your business’s needs! Here are some details on one of our buildings, Southcreek Building XVI:

Address: 7311 W 132nd Street Overland Park, KS 66213
Total Square Footage: 23,864 sq. ft.
Typical Floor Size: 23,864 sq. ft.
Number of Floors: 3
Year Built: 2000

Space Available:

A 5,657 sq. ft. corner suite perfect for start-ups or small businesses. This space is divided into two conference rooms, a work room, and eight individual offices.
5,773 sq. ft. of space on the first floor perfect for medium to large businesses looking to rent in the Kansas City metro area. This large space is divided into seven individual offices, a large training room, two conference rooms, a break area, and plenty of open office space for you to arrange to best suit your business.

Southcreek Building XVI has a lot of windows and easy access to the highway. It is also very close to food, shopping, and other amenities in Overland Park. If you would like to find out more information about Southcreek XVI or any of our other available spaces, give us a call at 913-685-4100 and talk to one of our commercial real estate brokers in Kansas City about what you are looking for!