MMGY Global to relocate global headquarters to new Downtown Overland Park, Kansas office
JLL secures office lease for leading travel, tourism and hospitality marketing company
KANSAS CITY, January 23, 2020 – MMGY Global, the world's largest integrated marketing company specializing in the travel, tourism and hospitality industry, is relocating its corporate headquarters from Kansas City, Missouri to Overland Park, Kansas. JLL announced today the successful negotiation of a new 32,000-square-foot office lease for the company at The Edison District, located at 7301 W 80th Street in Overland Park.
“We’re sad to leave the Plaza and to exit a building that has been so key for our growth and positioning within the community, not to mention the visibility of our MMGY Global brand on the busiest thoroughfare in KC,” said MMGY Global CEO Clayton Reid. “But the investment Edison is making in one of our city’s most exciting neighborhoods is a perfect complement to where we are headed as a company. We’re proud to be an anchor in that vision."
JLL Vice President RJ Trowbridge and Managing Director Larry Glaze represented MMGY Global in the lease negotiation and led the site selection efforts. AREA Real Estate’s Tim Schaffer represented the property ownership.
“As MMGY Global continues to grow and strengthen its position as the global leader in travel, tourism and hospitality marketing, this new, modern office solution will provide the space and environment to foster creativity and maximize opportunities for their employees,” said Trowbridge. “The Edison District offers an ideal blend of large floor plates, amenities, both on-site and nearby, and convenient accessibility for their employees.”
According to JLL Research, office completions jumped to 312,817 square feet at the end of 2019 with the completion of the Edison District. As of Q4 2019, the North Johnson County submarket recorded 169,221 square feet delivered with another 130,000 square feet currently under construction.
Earlier this month, JLL announced the firm was selected to lease MMGY Global’s current 39,547-square-foot office location at 4601 Madison in Kansas City. The four-story building in Country Club Plaza, the region’s premier office and retail destination, offers a rare opportunity for a potential occupier to lease a single-tenant building within one of the highest traffic areas of the city.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.