100% Leased Industrial Property Located in Kansas City, MO is Acquired by SR Realty Trust

December 2, 2019

(Minneapolis, MN) — SR Realty Trust, Inc. is pleased to announce the acquisition of a 300,000 square foot industrial property that is 100% leased to a global third-party logistics company. The property is located 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.

“We are pleased to have been in a position to assist our partners complete their 1031 exchanges while expanding SR Realty Trust’s presence in the Kansas City market,” said Evan Richardson, Senior Vice President – Investments, SR Realty Trust