With this transaction, Newmark Grubb's Capital Markets team has closed or put under contract investment assets in Missouri and Kansas totaling $73.million and 1.45 million square feet.
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The original 107,000-square-foot building was constructed in 1904, then renovated and expanded with a 25,000-square-foot concrete addition in 1985. It was renovated again in 2007. Today, the six-story, 132,000-square-foot center serves as a primary gateway to Kansas City’s central business district.