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| The two-story, Class A building is located at 10551 S. Ridgeview Road in the Corporate Ridge Office Park. |
By Rob Roberts
Founders Properties LLC has sold a 102,000-square-foot Olathe office building to Griffin Capital Corp. for $19.1 million, or about $187 a square foot.
The building is occupied by 400 employees of Farmers Insurance's national property claims division, which last month announced it had extended its lease of the building through March 2024.
The two-story, Class A building is located at 10551 S. Ridgeview Road in the Corporate Ridge Office Park.
Founders Properties, led by Best Buy founder Richard Schulze and Opus Corp. founder Gerald Rauenhorse, was represented by the CBRE Institutional Group in Minneapolis.
Source Business Journal
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