For an advertising/marketing agency, what business address could be more impressive than Madison Avenue? Overland Park, it seems.
That’s the new destination for longtime Kansas City company MMGY Global, which claims the mantle of the world’s largest integrated marketing company for its work in the travel, tourism and hospitality sectors, according to Web-based buzz this morning. Matt Druten, co-founder of the company that created Overland Park’s Edison District mixed-used complex, posted a Facebook link to an article from the Los Angeles-based commercial-realty site Connect.Media announcing the move.
The Edison operation is in Downtown Overland Park, near 80th and Metcalf Avenue.
According to the report, MMGY will move its corporate headquarters across the state line into 32,000 square feet of leased space in a deal arranged by the commercial realty firm JLL and Edison’s representation, Tim Schaffer of AREA Real Estate. JLL will also handle marketing of the building MMGY has long called home near the Country Club Plaza, at 46th and Madison Avenue.
There was no reference to use of any local or state incentives as part of the move.
MMGY ranked as Ingram’s fourth-largest advertising agency in 2019, with prior-year revenues of nearly $57 million and more than $136 million in capitalized billings. The agency, founded in 1981, has about 150 employees at the Madison Avenue offices, and more than 360 nationwide.