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North Park is Jewel in the Crown of Omaha Market for Commercial Real Estate

North Park Is Jewel In The Crown Of Omaha Market For Commercial Real Estate |

Fusion Medical Staffing had been in its new northwest Omaha offices only months before a business surge had the locally grown firm spilling out the door in search of more space.

It so happened that neighbor Ellie Mae, a growing California-based mortgage technology company that came to town a few years ago, had an eye on a bigger spot elsewhere on the North Park business campus.

The two companies aren’t alone in expanding operations at North Park. Indeed, Ellie Mae will be sharing its next building with another newcomer. And a handful of other firms also signed leases in recent months, joining the 70-acre campus that contains eight multi¬≠story office structures and a retail section near 120th and Blondo Streets.

The resurgence of North Park — whose office occupancy jumped, mostly in the last year, from a low 60 percent in 2013 to essentially full today — makes it a shining star of the 2016 local commercial real estate market.

“Go back to four years ago, North Park was dead,” Jeffrey Wyatt, of Colliers International, said of the site then struggling with ownership structure problems. “It’s fabulous to see that space filled up and to see people going to work.”

Click to continue reading the full news story as reported by the Omaha World-Herald -