Excerpt from The Wichita Business Journal
Friday, May 26
by Chris Moon
The U.S. Department of Veterans Affairs will lease 8,500 square feet in Parklane Shopping Center for a new eye care clinic.
The VA recently launched a new low-vision intermediate level clinic at the Dole VA Medical Center that will move to the center at Lincoln and Oliver. Its ther eye-care services will consolidate there as well.
“We, quite frankly, ran out of room to do that in-house,” says VA facility planner Ken Allensworth.
downtown_ict3The VA in Wichita long has faced limited space at the Dole Campus at Kellogg and Oliver and has been seeking to place some of its administrative offices to Parklane, just a mile away.
Its new lease swells its total space there to 18,000 square feet. The VA selected the center through competitive bid process.
“The vendor has just presented ideal options for us,” Allensworth says.
The lease rate – advertised at $8.50 per square foot – wasn’t disclosed.
The new eye care clinic will employ 15 to 20 people. It will open in late July or early August.
CLOSE TO FULL
The lease puts the 300,000-square-foot Parklane at 94 percent full in what has been a difficult leasing market.
“You really have to work at it,” says Dennis Fitzroy, managing broker for Builders Inc., which owns Parklane. “There are fewer lookers, and when they do actually come in and look at space, there seems to be more concessions wanted, lower rent.”
But the center has scored well with government agencies. Parklane also is home to offices for Sedgwick County.