City: Kansas City
Manufacturer of Automotive Parts Leases 574,732-SF Industrial Property in Shawnee, Kan.
REBusiness Online Standard Motor Products has agreed to fully lease the 574,732-square-foot Building II at Heartland Logistics Park in Shawnee, Kan. The manufacturer of automotive parts was represented by Newmark, while the owner the property, Hunt Midwest, was represented by ...
Tire Distributor Pre-Leases 203,899-SF Industrial Building in Kansas City, Mo.
ConnectCRE Community Wholesale Tire has agreed to fully pre-lease a 203,899-square-foot industrial building that's being constructed at Hunt Midwest Business Center Logistics V in Kansas City, Mo. Hunt Midwest is constructing the property at 4700 North Arlington Ave., about 11 ...
$25.8Mln Lent Against Historic Kansas City, Mo., Hotel
REBusiness Online Cronheim Hotel Capital has arranged $25.8 million of financing against the 216-room Hotel Phillips in Kansas City, Mo. The financing allows the owner of the property, Arbor Lodging of Chicago and Lubert-Adler of Atlanta, to retire previous debt. ...
333,000-SF Industrial Property Planned Near Kansas City, Kan.
ConnectCRE Cnano Technology USA is planning to build a 333,000-square-foot industrial property within the New Century Commerce Center in New Century, Kan. The manufacturer of nano-carbon products expects the project to cost $94.7 million to construct. It will be built ...
Work Starts on 361-Unit Apartment Property in Merriam, Kan.
REBusiness Online Drake Development has broken ground on the Merriam Grand Station Lofts, a 361-unit apartment property in Merriam, Kan. The Overland Park, Kan., developer is building the property at 9001 West 62nd St., about 10 miles south of Kansas ...
$232.5Mln CMBS Loan Against Kansas City-Area Office Property Lands in Special Servicing
Commercial Real Estate Direct Staff Report The $232.5 million loan against the 3.27 million-square-foot Aspiria office campus in Overland Park, Kan., has transferred to special servicing due to imminent default. The transfer to special servicer KeyBank was highlighted this morning ...
VanTrust Breaks Ground on 2.36Mln-SF Industrial Property in Platte City, Mo.
Kansas City Business Journal VanTrust Real Estate has broken ground on Platte International Commerce Center, a 2.36 million-square-foot industrial property in Platte City, Mo. The Kansas City, Mo., developer is building the property north of State Route 92 and east ...
228-Unit Apartment Property to Break Ground in Kansas City, Kan.
REBusiness Online A venture of Hunt Midwest and LANE4 Property Group is breaking ground this month on the Hudson, a 228-unit apartment property in Kansas City, Kan. The property is being constructed at the corner of 36th Street and Rainbow ...
Timberlane Village
Newmark wrote a Fannie Mae loan to facilitate the purchase. It pays a fixed rate and takes out a $15.67 million Fannie mortgage that's securitized through FNA, 2016-M12. That loan paid a 3.91 percent coupon and wasn't set to mature ...
456-Unit Apartment Property in Kansas City, Mo., Changes Hands
Commercial Real Estate Direct Staff Report Venterra Realty has acquired Timberlane Village, a 456-unit apartment property in Kansas City, Mo. The purchase price could not be learned immediately. The Houston company purchased the property from its developer, a local investor ...
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