The CB Richard Ellis Kansas City Industrial Team represented Perimeter Investors LLC in the recent sale of a 110,511-square-foot industrial building in Shawnee, Kan.
The value of the transaction was not disclosed.
The multitenant building, located at 8500 Hedge Lane Terrace, is located within the Perimeter Park development.
CPR Acquisitions LLC, an investment group headquartered in Boston, purchased the property.
The building was a bulk warehouse building completed in 1999 and designed for multiple tenancy occupancies. At the time of sale, Maverick Paper and SPC occupied the building, with one small, 7,000-square-foot vacancy.
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