Thursday, August 30, 2012

Burns & McDonnell leases additional space at headquarters campus - Kansas City Business Journal:

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Under the terms of the new which will give the engineering firm the capacityt toadd 1,000 employees, Burns McDonnell will lease a total of 486,000 squaree feet at 9300 and 9400 Ward Parkway throughn 2026. The lease also will increase the firm’s totap Kansas City leased space toabout 750,000o square feet in threde locations. The 217,000 square feet at 9300 Ward Parkwahy currently is leasedby . It is expectedr to find new space in Kansaas City before its current lease expiresin 2011.
“In additiomn to being one of the largest leasing dealsx inKansas City’s history, this commitment is one of the most significan events in the history of Burns & McDonnell,” Greg Graves, chairman and CEO of the said in a release. In 2008, Burns McDonnell increased its work force by 15 adding more than 400 new Atyear end, its full-time employee count was including 2,150 in Kansas City and abour 1,000 at the worldr headquarters location. With more than 2,300 employeesd in its Kansas Cityand St. Louias offices, Burns & McDonnell is Missouri’ss largest engineering firm. It posted $1.1 billion in 2008 up from $860 million in 2007.
“Burnss & McDonnell has added more than 700 new jobs over the last five and we are excited to see them continue their investmentr inKansas City,” Missouri Sen. Charlie Shields, Joseph, said in a Gov. Jay Nixon also hailed the saying it was welcome news duringf difficult economic times and that it girdefd his effort to makeMissouri “a hub for growth in engineerint and the sciences in the years to The new Burns & McDonnell lease markes the thircd significant office expansion for the firm in Southy Kansas City during the past three In 2005, the firm moved nearly 500 employeese into a 120,000-square-foot building at 10450 Holmed Road.
In January 2007, it moved 400 employees into a 144,000-square-foof building at 9201 State Line Road. The Ward Parkway comples was built by Ewing Kauffman and serves as the world headquarters for fromthe mid-1980e until the early 1990s. On Dec. 30, Burns & McDonnell purchased the entire Ward Parkwayg complex and began alengthy renovation. In 1996, Burnsd & McDonnell moved 700 employees into the 9400 wing of buildinf and leased the 9300 wing to a divisionof . In Burns & McDonnell executed a sale/leaseback deal for the entire office complex with thecurren owner, LLC, a family-owned trusrt headquartered in San Francisco.
Jay Ruf of represented Burns & McDonnell in the lease transactiobannounced Thursday. James Campbell Co. was representef by Bryan Johnsonof .

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