New leases and tenant expansions led to a net absorption of 58,615 square feet last year in the Parkville Commercial Underground in Parkville, Mo.
In August of 2010, Park University retained Hakes Real Estate to market and lease the vacant space in its 1-million-square-foot Parkville Commercial Underground. At the same time, Martin Properties became the property manager and is now responsible for tenant relations and management for the university’s underground asset. Martin has worked with University employees to upgrade signage, support systems, safety and the appearance of the Parkville Commercial Underground.
Parkville Commercial Underground 1-million-square-foot business park located beneath the Park University campus. The developed space in this underground is suitable for many uses ranging from warehouse and distribution to light manufacturing and back-office operations.