Midwest CRE Advisors Closes Medical Office Building Transaction in Lenexa, Kansas with New Era Companies

Lenexa, Kansas, United States, March 5, 2026 — Logan Freeman of Midwest CRE Advisors has closed a confidential, off-market transaction involving a 43,326-square-foot medical office building located at 8550 Marshall Drive in Lenexa, Kansas. The property was sold without public marketing, providing ownership with a discreet exit from a non-core healthcare asset.

The Class B medical outpatient building was approximately 30% vacant at the time of engagement and required operational repositioning, including common area renovations, deferred maintenance coordination and energy efficiency upgrades. However, the property benefits from a core group of healthcare tenants and excellent visibility and patient access directly on Interstate 35, one of the Kansas City metro’s primary traffic corridors. Ownership, experienced in other asset classes but not specialized in healthcare, sought a streamlined disposition strategy that would avoid open-market exposure, tenant disruption, and extended negotiation timelines.