Company News Fairbank Equipment Breaks Ground in Steeple Bay: A Testament to Wichita’s Industrial Growth

February 22, 2024

On a picturesque evening, under the Kansas sky, Fairbank Equipment marked a significant milestone with its groundbreaking ceremony on Wednesday, February 21st, at Steeple Bay, a premier Lange Real Estate development. This event not only signifies the expansion of Fairbank’s operations but also underscores its commitment to the burgeoning industrial landscape of Wichita.

By doubling the size of its current facility, Fairbank Equipment is set to handle the growing demands of its expanding operations while providing ample space for its skilled workforce. Operating 14 branches nationwide, Fairbank is planning to enhance its local team by adding more employees over the next five years, with salaries starting above $79,000 annually.

“He facilitated many phone calls and meetings to finalize the extremely complicated lease and tax abatement process and he always had a smile on his face.” – Joel Edwards, President and CEO of Fairbanks extended gratitude to Hunter LaMunyon, Commercial Sales and Leasing agent, for his instrumental role in navigating the complexities of the lease and tax abatement process. He also commended Adam Tannehill, Tim Johnson, and the entire team at Lange Real Estate for their unwavering support and collaborative effort that helped bring this endeavor to fruition.

“Lange Real Estate is proud to collaborate with Triple Crown Realty Trust, a real estate investment trust committed to developing Middle America industrial real estate with private equity-backed tenants. We are enthusiastic about this joint venture with Fairbank, as it represents our commitment to supporting the expansion needs of long-standing local businesses.” — Rachel Lange, President, and Supervising Broker at Lange Real Estate.

Since its inception in 1946 by Joe Fairbank, the company has evolved into a leader in the agricultural product application sector, offering a diverse range of top-tier brands. From its roots as a specialist in liquid propane gas industry supplies, Fairbank has expanded its footprint across the Midwest and Western United States, providing comprehensive solutions to agricultural product application and propane needs.

The groundbreaking ceremony marks not only Fairbank Equipment’s expansion but also contributes to the broader development of Steeple Bay and the Crossgate District. As part of a visionary $300-million initiative led by LANGE companies, including Lange Real Estate, RedGuard, and ModuAll, the transformation aims to revitalize the south and southwest Wichita area. The Crossgate District encompasses The Paddock industrial park, the planned OneRise Health Campus, and Saddlecreek Crossing, promising a vibrant future for the region.

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