Former Dillons space at Douglas and Meridian sells and will be leased

WICHITA — The former Dillons at the southwest corner of Douglas and Meridian has sold, and a new occupant is likely to be in the building relatively soon.

Tom Schmeidler and a group of investors called DOME LLC — for Douglas and Meridian — closed on the building last week and are looking to lease it.

“There’s a couple of different entities that are very interested in it,” Schmeidler says.

One would take the entire 20,000-square-foot space, but Schmeidler says he’s opening to dividing the space between users.

The size of the building and its parking — there are about 120 spaces — made the purchase attractive, Schmeidler says.

“It’s a very stout building,” he says. “It’s a block building.”

It also has a basement.

“It’s in the core of Wichita, so if somebody needs to be close to downtown … this is close enough, plus this has the parking,” Schmeidler says. “There’s few buildings that are close to downtown that have the availability of that much parking.”

Brad Saville of Landmark Commercial Real Estate and Grant Tidemann of J.P. Weigand & Sons handled the sale. Saville also is representing DOME in leasing the space.