Newmark Zimmer has closed the disposition of the Kansas City Last Mile Portfolio, a 13-building, 2.16-million-square-foot industrial building portfolio located throughout the Kansas City metropolitan area.
“The Kansas City Last Mile Portfolio offered investors the opportunity to acquire critical mass in the area’s light industrial market with a collection of well-located assets that served a diversified and tenured tenant base,” said John Hassler, Senior Managing Director with Newmark Zimmer.
A collaborative effort between Newmark’s Heartland and West Coast Region industrial capital markets teams, the assignment was led by Mark Long, Hassler, Jim Linn, Bret Hardy and Andrew Briner.
The disposition process, which was one of the largest sales of industrial real estate in the region’s history, attracted interest from a broad stable of investors across the United States and beyond.
