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Overview

Cold Storage Lofts, a 226-unit industrial mid-rise, located in downtown Kansas City, MO. The red-brick industrial mid-rise offers unique loft-style floor plans, and given its size, the asset features a best in class amenity set and fantastic views of Downtown Kansas City. Each unit has polished concrete floors, in-unit washer/dryer connections and exposed brick and concrete pillars, creating its industrial-style charm. Community amenities include a rooftop swimming pool, large atrium lobby, fitness center, bike storage, dog park, party room, courtyard, picnic area with grills, business center, large terrace and more. Additionally, the property offers 122 underground parking spaces, one of the only communities with enclosed parking in the submarket. The deal also includes 2,864 SF of leased retail space within the asset.

Located in River Market, this district is a hip, vibrant and highly walkable urban community that features historic riverfront warehouses redeveloped into a wide array of restaurants, bars, cafes, shops, ethnic markets, and entertainment options. The neighborhood also has the largest farmer’s market in the region, bringing “Farm to Table” right to the heart of the city with fresh produce and food on Saturday and Sunday. The city’s popular KC Streetcar is less than two blocks from the subject property, connecting residents to major employers, retail destinations, and transportation facilities. The 955-acre Riverfront Park along the Missouri River is only an 8-minute drive from the Property. Additionally, the master-planned Berkley Riverfront development adjacent to the River Market is currently underway (0.5 miles from Cold Storage Lofts). This 85-acre riverfront site will be transformed into a world-class urban community with over five million square feet of offices, residential and retail space, along with entertainment and cultural amenities.

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