SR Realty Trust, Inc. acquired a 300,000-square-foot industrial property that is 100 percent leased to a global third-party logistics company at 4101 Empire Road in the Executive Park submarket of Kansas City, Missouri.
Built between 1961 and 1985, the property sits on a 17-acre site and features an active rail spur, abundant outside storage and 54 docks.
As part of the transaction, SR Realty Trust, Inc. facilitated the down-leg of 1031 exchanges for five investors.