Details of the Deal:
Seller: Piedmont Office Realty Trust
Buyer: Local Investment Group
Location: 2020 W. 89th street in Leawood, Kansas
Square Footage: 68,378 SF
Sale Price: $5.8 Million
More Details of the Property:
Block Real Estate Services, LLC (BRES) had been retained as exclusive advisor and agent to sell the 100% fee simple interest in 2020 W. 89th Street, a 68,376 square foot, three-story office property that is well located in Kansas City’s most affluent suburb of Leawood.
The multi-tenant Property is currently 89% occupied by three tenants and represents an opportunity to acquire a stable asset with substantial potential for appreciation in Kansas City’s nationally recognized South Johnson County marketplace.
The Property is situated in the Ward Parkway Corridor but boasts a Leawood, Kansas address, which is Kansas City’s premier address and most affluent city in the Kansas City Metro area.
For Further Information on Commercial Real Estate Please Contact:
Grant Reves,
Investment Sales
Block Real Estate Services
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