Newmark Grubb Zimmer Sells Former 150,000 sf Silpada Headquarters to Heart to Heart International

DECEMBER 28, 2018
Newmark Grubb Zimmer Sells Former 150,000 sf Silpada Headquarter Building to Heart to Heart International

Kansas City, MO (December 2018) — The former Silpada Jewelry headquarters in Lenexa, Kansas has recently sold to Heart to Heart International (HHI). Silpada Jewelry was started in Kansas City in the late 1990s by two local families who built it into a $600,000,000 company. In 2004, after growing to extraordinary heights, the founders constructed their Class A headquarters in Lenexa at 115th Street and Renner Boulevard. The building is approximately 150,000 square feet with 85,000 square feet of Class A office and 65,000 square feet of modern industrial warehouse. The building was made available for sale in 2016 when the company decided to close their doors.

The Newmark Grubb Zimmer team of Scott Bluhm, David Zimmer, Tracey Mann, and Nick Pickard were engaged by the Silpada founders to market the property in hopes that a group with similar values and positive involvement in the community would carry on their legacy at their former home. The NGZ team was chosen due to their knowledge and strength regarding the disposition of high-end properties and their experience in Johnson County. Notable and relevant experience include the Lenexa Industrial Park, Southlake Office Park, Sprint World Headquarters, and the JC Penny Distribution Center.

Due to the large amount of high-quality heavy office finish along with a modern warehouse, HHI’s business model was a perfect fit to best utilize the former Silpada facility. The building will allow HHI to showcase their amazing efforts across the globe while accommodating their growth for years to come. HHI is a nonprofit international health organization that provides health care access to less fortunate communities, specifically those recently hit by natural disasters.

About Newmark Grubb Zimmer

Newmark Grubb Zimmer (NGZ) is a full-service commercial real estate company providing a range of services including sales and leasing, investment sales, property and facilities management, global corporate services, owner’s representative services for public and private development projects, and public-sector consulting. Its staff boasts an array of experience in design, construction, valuation, finance and legal matters.

Regularly recognized as one of the top brokerage firms in the region, NGZ manages more than 10.4 million square feet of office, medical, industrial and retail property, and serves as corporate real estate advisor for an assortment of local, regional, national and international companies.

About Heart to Heart International

Heart to Heart International (HHI) is a nonprofit international health organization with its headquarters in Lenexa, Kansas. Since its inception in 1992, HHI has delivered medical aid and supplies worth $1.7 billion to more than 130 countries, including within the United States. HHI responds to crises and natural disasters both domestically and internationally by supplying medical relief and mobilizing volunteers. The organization is a Charity Navigator 4 star charity, BBB Accredited Charity and is on the "Philanthropy 400." To learn more, visit www.hearttoheart.org.

About Newmark Knight Frank

Newmark Knight Frank (NKF), operated by Newmark Group, Inc. (Newmark), is one of the world's leading commercial real estate advisory firms. Newmark has over 4,600 employees in over 120 offices. Together with London-based partner Knight Frank and independently-owned offices, NKF's 15,000 professionals operate from more than 400 offices in established and emerging property markets on six continents. With roots dating back to 1929, NKF's strong foundation makes it one of the most trusted names in commercial real estate. We offer a complete suite of services and products for both owners and occupiers across the entire commercial real estate industry.

Our investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting and, under trademarks and names like Berkeley Point and NKF Capital Markets, government sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Our occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. We enhance these services and products through innovative real estate technology solutions and data analytics designed to enable our clients to increase their efficiency and profits by optimizing their real estate portfolio. We have relationships with many of the world's largest commercial property owners, real estate developers and investors, as well as Fortune 500 and Forbes Global 2000 companies. For further information, visit www.ngkf.com.

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