PepsiCo Inc. will operate a new Gatorade distribution center in the largest speculative industrial building built to date in the Kansas City metro area and state of Kansas.
The global food and beverage company signed a lease for the entirety of the 952,956-square-foot Inland Port VII building at Logistics Park Kansas City in Edgerton.
Riverside-based NorthPoint Development broke ground in October 2019 on the building at the corner of Waverly Road and 185th Street and completed it earlier this year.
“PepsiCo chose Edgerton and LPKC because they can see the clear advantages of locating at the premiere logistics and distribution center in the Midwest,” Edgerton Mayor Donald Roberts said in a release from the economic development group ElevateEdgerton! “Today’s announcement, especially during the pandemic, is a welcome boon for the workforce across the region and shows PepsiCo’s desire to grow their network and support our neighbors.”
Logistics Park Kansas City represents a “convenient, versatile hub” for companies in meeting supply-chain needs, with Edgerton’s proximity to key services and partners a key factor behind park tenants’ success, ElevateEdgerton! President James Oltman added in the release.
JLL Managing Director Kevin Wilkerson and Executive Vice President Phil Algrim represented NorthPoint Development in the transaction.
Since 2013, more than 14.4 million square feet of industrial development has taken place for more than 20 tenants to date within Logistics Park Kansas City, where another speculative building is in the works.
Headquartered in Purchase, N.Y., PepsiCo’s food and beverage portfolio also includes Frito-Lay, Pepsi-Cola, Quaker Oats and Tropicana.