Rennlink LLC has requested $9 million in industrial revenue bonds to support construction of a 50,000-square-foot warehouse at 116th Street and Renner Boulevard, completing Lenexa Logistics Centre East — part of a 348-acre logistics hub in Johnson County, Kansas.
Project Details
The Lenexa City Council is reviewing Rennlink’s request for bonds tied to a 10-year, 71% property tax abatement with PILOT payments starting at $7,197 in year one and increasing to $32,268 by year ten.
The project covers 5 acres — the final undeveloped parcel in Lenexa Logistics Centre East — and will join more than 4.13 million sq. ft. of industrial space already developed since 2013.
Strategic Location
The site sits at the southeast corner of 116th & Renner, adjacent to:
- 249,366 sq. ft. Lenexa Logistics Building 3 (to the east)
- Undeveloped Olathe land (to the south)
- Proposed $320M Olathe Gateway project, just one mile away
This positions the project at the heart of Johnson County’s industrial corridor, providing connectivity for warehousing, distribution, and regional commerce.
FAQs on Lenexa Logistics Centre East
What is Lenexa Logistics Centre East?
It’s part of the 348-acre Lenexa Logistics Centre, a master-planned industrial hub developed by Block Real Estate Services with more than 4.13 million sq. ft. of space as of 2025.
Why are industrial revenue bonds important?
They provide financing incentives for developers, often with tax abatements and PILOT contributions, reducing upfront costs and encouraging investment in key growth corridors.
How-To: Evaluate Industrial Real Estate Opportunities
- Assess the location’s connectivity to highways, rail, and airports.
- Review public incentives such as industrial revenue bonds and tax abatements.
- Compare current occupancy rates and absorption trends in the metro.
- Factor in nearby developments, like the $320M Olathe Gateway project.
- Work with local experts to analyze ROI and long-term leasing demand.
Local Expertise
Wardell & Holmes Real Estate provides insight on Kansas City’s industrial, commercial, and investment real estate opportunities — from logistics hubs in Lenexa to redevelopment projects across the metro.
Contact us:
BROKER: Andrea WARDELL
Email: Andrea@wardellholmes.com
Phone: 816-806-9492
