Industrial X Missouri

Newmark Grubb Zimmer brokers big industrial sale in Kansas City

Newmark Grubb Zimmer brokers 275,000-square-foot industrial sale,ph01

David Zimmer, Michael L. VanBuskirk and Chris Robertson of Newmark Grubb Zimmer successfully brokered the sale of a 275,162-square-foot multi-tenant industrial building at 2095 - 2383 Front Street in Kansas City, Missouri.

The property was 58 percent leased to local and national tenants including Cargill, Suburban Industrial Packaging and Grupo Antolin among others.

“Industrial Realty Group has a strong presence in the Midwest, and we are excited to expand our portfolio in Kansas City,” said Onno Steger, senior vice president with Industrial Realty Group, in a statement. “The property’s central location in the city is highly-desirable for future tenants.”

Newmark Grubb Zimmer represented the seller, an institutional seller and the buyer was California-based, Industrial Realty Group.