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Polsinelli Shughart & J.P. Morgan

Posted: Fri Nov 27, 2009 12:21 am
by KC-wildcat
"[Polsinelli Shughart], which completed a big merger at the beginning of the year, is seeking 195,000 square feet in the urban heart of Kansas City.  The new space being sought would house about 500 Kansas City employees, including 230 attorneys. A 50-attorney office in Johnson County would not be affected.  The firm has limited its search to the Plaza (West Edge) area and downtown

"The only other big client looking for a new home in the Kansas City area right now is J.P. Morgan Retirement Plan Services, which is seeking 200,000 square feet for its 800 employees. That company has narrowed its choices to three locations ? one downtown and two in Johnson County ? and is close to a decision."
http://www.kansascity.com/business/story/1594528.html

Re: Polsinelli Shughart & J.P. Morgan

Posted: Fri Nov 27, 2009 11:50 am
by KCPowercat
Come on baby, at least nail one of these.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Fri Nov 27, 2009 11:57 am
by geeman68
Ok KC civic leaders and the mayor... here's your chance to show your true worth.  Work your asses off to get both of these and provide a huge boon to the downtown core!!!  :P

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 10:52 am
by KCMax
Just to be clear, these would just be taking businesses already in KC and moving them elsewhere in KC. Both Polsinelli/Shughart and JP Morgan are already on the Plaza. They're just expanding.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 10:58 am
by chrizow
and Shugart was (is?) downtown at 13th and wyandotte before the merger with polsinelli.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 11:10 am
by ThaMexican
They better stay in KC

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 11:11 am
by moderne
Shughart was at 13th & Wyandotte?  In the hotel? 

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 11:12 am
by NDTeve
ThaMexican wrote: They better stay in KC
Don't think that's going to be a problem. Or do you mean not move to JOCO?

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 11:31 am
by chrizow
moderne wrote: Shughart was at 13th & Wyandotte?  In the hotel? 
my mistake - NE corner of 12th and wyandotte.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 1:29 pm
by lock+load
KCMax wrote: Just to be clear, these would just be taking businesses already in KC and moving them elsewhere in KC. Both Polsinelli/Shughart and JP Morgan are already on the Plaza. They're just expanding.
JPM is at 9300 Ward Parkway, not the plaza.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 1:32 pm
by LenexatoKCMO
I had no idea that Morgan had that kind of footprint here.  What kind of operations are all those folks in?

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 1:36 pm
by dangerboy
LenexatoKCMO wrote: I had no idea that Morgan had that kind of footprint here.  What kind of operations are all those folks in?
I think this is Morgan unit is the successor of their joint venture with American Century.  A few years ago Morgan bought out AmCen and moved the people to Ward Parkway.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 3:08 pm
by KC-wildcat
KCMax wrote: Just to be clear, these would just be taking businesses already in KC and moving them elsewhere in KC. Both Polsinelli/Shughart and JP Morgan are already on the Plaza. They're just expanding.

Polisnelli is on the Plaza.  Shughart is Downtown.  JP Morgan is in Overland Park. 

We're talking about 400,000 sq. ft. office space and 1,300 employees.  Granted, the net gain DT would be reduced by the fact that Shughart is already here.  Nonetheless, these two projects be very impactful.  I'm not sure what our leadership is doing to attract these tenants downtown.  I am sure, JoCo is working very hard, though. 

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 3:58 pm
by dangerboy
KC-wildcat wrote: JP Morgan is in Overland Park. 
JP Morgan Retirement Services is at 94th and Ward Parkway.  The article mentioned in this thread confirms that.  Perhaps you are confusing them with another division JP Morgan?

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 4:23 pm
by trailerkid
KC-wildcat wrote:
Polisnelli is on the Plaza.  Shughart is Downtown.  JP Morgan is in Overland Park.  

We're talking about 400,000 sq. ft. office space and 1,300 employees.  Granted, the net gain DT would be reduced by the fact that Shughart is already here.  Nonetheless, these two projects be very impactful.  I'm not sure what our leadership is doing to attract these tenants downtown.  I am sure, JoCo is working very hard, though.  
read the articlefrom the star that started this entire discussion.  

some awesome discussion here from very informed forumers.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 4:30 pm
by KCMax
The metropolitan vacancy rate for premium office space is 17.7 percent, with downtown at 19.4 percent and the Plaza at 18.4 percent, according to Colliers Turley Martin Tucker.
How does that compare to past years? Anyone know?

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 5:05 pm
by KC-wildcat
trailerkid wrote: read the articlefrom the star that started this entire discussion.  

some awesome discussion here from very informed forumers.
You're a doucebag. 

Whether JP Morgan is in OP wasn't the point of the thread.   

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 9:17 pm
by mudjack
I think I would agree -- if I knew what a deucebag was. Is that a colostomy bag?

Re: Polsinelli Shughart & J.P. Morgan

Posted: Mon Nov 30, 2009 10:01 pm
by bbqboy
mudjack wrote: I think I would agree -- if I knew what a deucebag was. Is that a colostomy bag?
it means he never gets beyond second base.

Re: Polsinelli Shughart & J.P. Morgan

Posted: Tue Dec 01, 2009 3:13 pm
by ThaMexican
Don't think that's going to be a problem. Or do you mean not move to JOCO?
Yes that is what I mean.