July 5, 2023
Breaking Ground on Free State Exchange in Olathe, KS
The Free State Exchange in Olathe, KS is a 138-acre property northwest of 167th Street and U.S. Highway 169. Future plans involve two speculative buildings totaling 1.66 million square feet on about 91 acres, supplementing Walmart's 330,671-square-foot facility. Click below to see detailed coverage in the Kansas City Business Journal.
June 24, 2022
979,264 SF Building Sold in Metro Indianapolis
Avison Young brokered the sale of Building 5 within Whiteland Exchange Business Park in the Indianapolis suburb of Whiteland.
Sean McHale and Peter Seoane of Avison Young represented Jones Development.
DHL Supply Chain was the buyer. Avison Young was also the leasing agent for Whiteland Exchange, which totals 2.4 million square feet.
June 13, 2023
Walmart to Anchor Free State Exchange, a 150-acre Jones Development Project
Walmart will be anchoring our new 150-acre development in Olathe called Free State Exchange, with a massive new $200+MM beef packaging development planned to service 11 midwestern states and create 600 local jobs.
Ryan Cos. sells Lakeshore corridor Amazon facility for $37M
Minneapolis-based developer Ryan Cos. US Inc. has sold a Bessemer property for $37 million.
The property, located across two contiguous lots at 4205 Lakeshore Parkway and 1395 Highway 150, was the site of a development to build a new Amazon facility.
January 3, 2023
1M SQ FT of spec development planned outside of Detroit
Jones Development is planning to close on a 190-acre property during the first quarter of 2023 in Plymoth Township.
Three buildings are in the plan including one at 670,000 square feet, and two at 158,000 square feet each for speculative industrial development.