BRES #CRE Deal of the week - Pine Ridge

Grant Reves, Aaron Mesmer, Brian Beggs, and Ken Block of Block Real Estate Services, LLC

(BRES) closed on the sale of an office building in Pine Ridge Business Park.

Details of the Deal:

Location:  11505-11529 W. 79th Street, Lenexa, Kansas located in the Pine Ridge Business Park
Square Footage: 26,902 SF
Deal Amount:  $2.1 Million
Seller:  Block Real Estate Services, LLC (BRES)
Buyer: 231 Buyer


More information on Pine Ridge Business Park

Pine Ridge Business Park is located on more than 232 acres in the heart of Johnson County, Kansas. The east and west sections sit aside Interstate 35, the major north/south expressway in the Metropolitan area that is also a part of the NAFTA highway system, which carries trade from Mexico to Canada. Additionally, Pine Ridge’s location between 75th & 87th Streets, two main east/west arteries, and its immediate access to Highway 69, provide unparalleled accessibility to all parts of the Metropolitan area.  The Park is located in Johnson County, Kansas, which is one of the fastest growing counties in the United States.  The Park’s location in the community of Lenexa, Kansas, is simply unparalleled because it is immediately adjacent to all parts of Johnson County, 15 minutes from downtown Kansas City, Missouri, and less than 30 minutes from the Kansas City International Airport. Pine Ridge Business Park is the only complex in Kansas City to rethink the concept of a “Business Park.” Architecturally significant office buildings are successfully integrated with office/showroom, office/warehouse, high technology, and warehouse uses.


For more information on commercial real estate investments contact:

 

Grant Reves
Investment Sales
Block Real Estate Services
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