WICHITA — Dale Walker of Midwest Insurance Agency is working on plans for a new 4,500-square-foot Tyler Office Park near the northwest corner of Douglas and Tyler.
"It's at the architect's right now, so we'll probably get started in the next couple of weeks," Walker says.
He currently leases space for his office at 4715 W. Central.
Walker plans to move his office to 1,500 square feet at his new property.
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He'll have two more 1,500-square-foot spaces to lease, or he'll lease the entire remaining 3,000 square feet to one tenant.
Don Piros of Landmark Commercial Real Estate represented Walker in the transaction.
Landmark's David Leyh and Gary Snyder represented the seller.
Mike Love Construction is the builder.
"I just want to own my own office building," Walker says.
He's not sure how easy it will be to find tenants.
"That's a tough question. In this economy, I don't really know what to expect."
Walker has owned office buildings in the past.
And with construction costs down, he says it makes it easier to build.
"This is as good of time as any."