News release

Foundation repair company to build new Kansas City headquarters

Thrasher Foundation Repair purchases land tract from City+Ventures

October 26, 2020

Kansas City, October 26, 2020 – Thrasher Foundation Repair will soon build its Kansas City headquarters at Southlake Office Park on a five-acre site acquired from developer City+Ventures. The site, located near Interstate 35 and Renner Boulevard in Lenexa, Kansas, will serve as the Thrasher’s new 25,000-square-foot Kansas City headquarters, providing both office and warehouse space. JLL represents City+Ventures at Southlake.

“Southlake Office Park continues to see significant momentum and interest from a variety of users,” said Chris Erickson, co-founder of City+Ventures. “The demand for quality space in a prime location such as this is driving market activity for the region. We enthusiastically welcome Thrasher and are excited for the future of Southlake.”

City+Ventures’ plans for Southlake include investing in new building amenities, providing Class A common areas and tenant finishes, and developing the interior land sites with complimentary uses for the existing office tenants.

Southlake has additional land available for purchase, ranging from three to 15 acres or for build-to-suit opportunities. This is the second tract sold at the Southlake Office Park this year, following JLL’s completed sale of a 3.6-acre site for a new VA clinic in January 2020.

Southlake offers a variety of options for businesses with both Class A and B office offerings, flex space for companies requiring warehouse or loading capabilities, and 45 acres for development. The park has an on-site daycare center, on-site management office, the Lenexa Conference Center and the Lenexa Chamber of Commerce, and is strategically located in the center of Johnson County with easy access to I-35, I-435 and K-10 Highways.

Current amenities include three miles of walking trails, 10 well-stocked ponds, redundant high-speed fiber and dual power feeds. New amenities and upgrades to the properties have commenced construction this year, including Class A common areas and tenant finishes, new monument signage for the entire park, new exterior painting of the Tech Center buildings, updated landscaping and the development of interior land sites with complimentary uses for the existing office tenants.

The design/construction team for Thrasher Foundation Repair project is comprised of Ryan Companies, TACK Architecture and Sidekick Development. JLL represents the Southlake Office Park on behalf of the owner, City+Ventures.

Established in 1975, Thrasher Foundation Repair is a part of Thrasher Group and does basement waterproofing, foundation repair, and concrete repair based out of Omaha, Nebraska, with regional locations in Wichita, Kansas City, Des Moines, Sioux City and Grand Island.

For more information about Southlake Office Park properties, please contact RJ Trowbridge at +1 913 469 4637 or rj.trowbridge@am.jll.com.


About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.