JLL Sells Two-Building Kansas City Industrial Portfolio to STAG Industrial

Reuters12-17 04:38
JLL Sells Two-Building Kansas City Industrial Portfolio to <a href="https://laohu8.com/S/STAG">STAG Industrial</a>

Jones Lang LaSalle Inc. $(JLL)$ announced the sale of KCI Logistics Center Buildings III and VI, a two-building industrial portfolio near Kansas City International Airport, totaling 552,240 square feet. JLL represented the seller, Clarion Partners, in the transaction, with STAG Industrial acquiring the assets. Building III, a 202,800-square-foot facility constructed in 2018, is fully leased to Rogers Sporting Goods. Building VI, completed in 2020 and spanning 349,440 square feet, is multi-tenant and includes companies such as Mechanix Wear, DHL Express, and Macdon, with one vacant unit. Both properties feature modern construction, advanced logistics capabilities, and strategic access to major transportation routes, underscoring Kansas City's appeal as a logistics and distribution hub.

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