Kansas City International Airport

Acquisitions by Arch Street and Artemis strengthens Logistics Park KC's Position as a key distribution hub

Arch Street Capital Advisors, headquartered in New York, and Artemis Real Estate Partners, based in Washington, D.C., have made a significant move to expand their industrial real estate portfolios by acquiring four prime properties in Edgerton, Kan. This new acquisition adds 2.4 million SF of Class A industrial space to their holdings, strengthening their presence in key logistics markets.

The properties, developed by NorthPoint Development between 2014 and 2017, are located within the Logistics Park Kansas City (LPKC), a 2,352-acre industrial park that is considered a key hub for distribution and warehouse operations. This master-planned development offers businesses a strategic advantage due to its close proximity to major transportation routes, including Interstates 29 and 435, as well as its accessibility to Kansas City International Airport. These factors make the park an ideal location for logistics and distribution companies looking to optimize their operations and reach broader markets.

The newly acquired portfolio includes four high-quality facilities that are fully leased to well-established tenants, including Amazon, Walmart, and Demdaco. These buildings are strategically situated within the park and vary in size, catering to different operational needs. The properties reflect the increasing demand for modern, high-specification industrial spaces in the Kansas City area, a region that continues to attract top-tier tenants due to its central location and robust infrastructure.

These facilities, located across several prime spots within LPKC, include properties such as a large warehouse space, which serves as a critical hub for distribution, as well as additional spaces that support a variety of logistics functions. The buildings’ size and functionality make them highly desirable, supporting a range of industries from e-commerce to consumer goods, and further cementing the area’s reputation as a logistics powerhouse.

This acquisition is aligned with Arch Street and Artemis’s ongoing strategy to target institutional-quality industrial assets in prime logistics markets. It also underscores the rapid growth and investment in the Kansas City area’s industrial sector, which has seen a surge in development and interest from major corporations in recent years. Logistics Park Kansas City, with its comprehensive infrastructure and advantageous location, continues to draw large-scale companies looking for efficient, high-performance distribution solutions. With this latest investment, Arch Street and Artemis help to further solidify the park’s status as a leading destination for industrial real estate investment, signaling continued growth and opportunity in the region.


Header image An aerial view of Logistics Park Kansas City, a 2,300-acre+ industrial park, located near Interstates 29 and 435. Image courtesy of Hunt Midwest

LANE4 Property Group takes deep dive into 8 impactful projects & events leading KC's economic growth

LANE4 Property Group takes deep dive into 8 impactful projects & events leading KC's economic growth

The 2023 NFL Draft held at KC's Union Station brought in $164.3 million in economic impact, according to Lane4's Kansas City Report. Other "Quick Stats" cited include $35 million: the number of times “Kansas City” was mentioned April 27-30 (2023) on print, radio and digital promo; the event created 1,200 temporary jobs; and more than 68,000 pounds of leftover beverages, meals, and packaged snacks were donated to Harvesters and Pete’s Garden. Feature photo credit: Getty Images.

Kansas City commits to saving energy, reducing emissions and planting thousands of trees

Kansas City commits to saving energy, reducing emissions and planting thousands of trees

Platt was the featured presenter at a luncheon last week hosted by the KC Downtowners. Photo credit: Marcia Charney | MWM KC.

KC charges ahead as electric revolution hub

Electrification is taking hold as the world seeks ways to reduce its carbon footprint and innovate in electric intelligence, most notably within the automotive industry. With the rising demand for electric vehicles (EV), the global EV battery market continues to grow, with an estimated value of $56.4 billion in 2022 and an expected value of $134.6 billion by 2027. In North America, the electric vehicle battery manufacturing capacity in 2030 is projected to be nearly 20 times greater than in 2021

Kansas City is experiencing this growth and investment firsthand. In July 2022, Panasonic Energy Co., Ltd., announced plans to build one of the largest EV battery manufacturing facilities of its kind in the United States in De Soto, Kan. The planned megaproject is expected to create up to 4,000 new jobs and result in an investment of up to $4 billion, which represents the largest economic development project in Kansas history.

Construction on the facility began in November 2022, with mass production of batteries planned for Q1 2025. The facility’s capabilities and economic impact, along with KC’s strengths as a major automotive hub, make the region a key player in the North American EV industry. 

In addition, the newly opened single terminal at Kansas City International Airport is powered by an all-electric power system. This includes wireless charging pads for KCI's fleet of electric buses, the first system of its kind at a municipal international airport. KCI is the first LEED Gold-certified terminal/concourse project in the Midwest and only the second in the U.S.  

At KC SmartPort’s upcoming Annual Industry Briefing: Electric Revolution, Ajay Gnanasekaran, director of strategy and program management with Panasonic Energy Co., Ltd., and Chris Ruckman, vice president of energy storage with Burns & McDonnell, will examine how the electrification of the automotive industry and other sectors will have a trickle-down effect across the supply chain. Diving into how Kansas City’s infrastructure, workforce and location enable the region to quickly respond to the evolving needs of the EV industry.

Learn more and register for KC SmartPort’s Annual Industry Briefing: Electric Revolution on April 12.

Amenity-rich air travel experience awaits KCI travelers

Amenity-rich air travel experience awaits KCI travelers

Feature image: Latest rendering showing view from the parking garage entrance of MCI's new terminal, scheduled for a March 2023 completion date. Image courtesy of Build KCI.