Kansas City, Missouri Portfolio

Location Characteristics: Kansas City ranks first in the U.S. for freight volume by tonnage and is one of the largest rail centers in the country. It is also at the crossroads of four of the nation’s major interstate highways (I-35, I-70, I-29 and I-49) with more freeway-lane miles per capita than any other city in the U.S.

 

Market Insight: Kansas City is the 17th largest industrial market in the country with 296 million square feet of inventory. The approximately 13.0 million sq. ft. of space under construction set a record for the Kansas City industrial market and evidenced a continued acceleration of demand for state-of-the-art industrial space.

Kansas City, Missouri Portfolio

Location Characteristics: Kansas City ranks first in the U.S. for freight volume by tonnage and is one of the largest rail centers in the country. It is also at the crossroads of four of the nation’s major interstate highways (I-35, I-70, I-29 and I-49) with more freeway-lane miles per capita than any other city in the U.S.

 

Market Insight: Kansas City is the 17th largest industrial market in the country with 296 million square feet of inventory. The approximately 13.0 million sq. ft. of space under construction set a record for the Kansas City industrial market and evidenced a continued acceleration of demand for state-of-the-art industrial space.

5450 Deramus Avenue, Kansas City, MO 64120

1 building comprising 221,911 square feet

Center Point Business Park

City, Location:Kansas City, MO

Acquisition Date:2/12/21

# of Buildings:1

Purchase Price/SF:$40.56

Tenant:Multi-Tenant

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Liberty Business Park

Portfolio Fit: 5450 Deramus, adding to Plymouth’s presence in the Midwest, a 3PL logistics tenant occupies more than 50% this Kansas City property, together with the market’s demand for commercial shipping makes an ideal addition to the portfolio. 

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Metro Area Building Name Gross Building Area (SF) Property Sub-Type Tenant
Kansas City 5450 Deramus Avenue 221,911 Warehouse/Light Manufacturing Multi-Tenant