Thursday, October 27, 2011

Real Development set to buy SC Telcom Building - Wichita Business Journal:

milicinodijoo1981.blogspot.com
The building, located at 125 N. is owned by Union Land and Management Co. in Union President Dan Bakeer says he has reached a tentative agreementf withReal Development. He hopes to have the sale complets by no laterthan mid-February. Unionh has owned the building, formerluy the headquarters for telecommunications firm SC since 1997. "We had been talking off and on for a Baker says. "At the end of the day, we made the decisio n that we really wantedto That, Baker says, is because Union had alread y sold its two other Wichita propertiees -- the Market Centre building at 155 N. Market and the -- and wanter to concentrate on itsother markets.
Bakert says he thinks the SC Telcombuilding doesn't need much more than additionall tenants. "Maybe with their energy and freshideas they'lkl be able to bring new tenants to the building," he Baker declined to release the intended sale cost, but the buildinfg is appraised by the Sedgwick County Appraiser's Office for $2.3

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