Former Benchmark furniture complex to become commercial space
OLATHE, Kan. — The former Benchmark furniture complex here is to be converted into a commercial space, according to a Jan. 29 report in The Kansas City Star.
NorthPoint Development purchased the 400,000-square-feet complex, which consists of two buildings that had been vacant since Benchmark Home Furnishings went out of business in 2006.
The purchase price was not disclosed.
NorthPoint aims to redevelop the complex into a Class A business park. The smaller building in the complex might be used for retail as well. The complex's larger building may come to include more loading docks as part of a distribution center.
Benchmark, which was founded by Bob Davidow, appeared on Furniture/Today's survey of Top 100 U.S. furniture stores in 2004, based on estimated 2003 sales of $87 million. The retailer's sales fell 11% from 2002 to 2003, the year that big-box competitor Nebraska Furniture Mart opened in the Kansas City metro area.
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