Delano Investment LLC, whose partners are Birds Eye Holdings LLC and Murfin Inc., has purchased the Farm Credit Bank Building at 245 N. Waco for an undisclosed amount.
“The 245 North Waco building location has amazing views of the Wichita skyline along the Arkansas River and great access to the heart of the Central Business District,” Birds Eye’s Collin Stieben said in a statement.
CoBank sold the 250,000-square-foot, Class A office building, which has 22 tenants and is 85 percent occupied.
The company will remain in the building. It’s been at the building since its predecessor, Farm Credit, was there starting with the building’s 1983 construction.
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“The building is well suited for a variety of users with many unique features and amenities including redundant power supply and fiber from three different providers,” Stieben said in the statement.
Patrick Ahern of NAI Martens will handle leasing at the building.
Also in the statement, Murfin Inc.’s Jeremy Hurt said Delano Investment is looking to attract new tenants to the building.
He said, “We believe that the iconic design, spacious patios, ample parking, and amenities not found in other CBD office buildings make this one of the best places to office, not only downtown, but in all of Wichita.”