HFF Closes $118.25M Sale of Plaza Vista in Kansas City
04 Giugno 2019 - 12:30PM
Business Wire
HFF announces that it has closed the $118.25 million sale of
Plaza Vista, a 253,720-square-foot, Class A office tower in Kansas
City, Missouri.
HFF represented the seller, which is managed by an affiliate of
EverWest Real Estate Investors, and procured the buyer, Platform
Ventures.
Completed in 2013, Plaza Vista is LEED certified and offers
leading-edge architectural and construction features along with
efficient rectangular floorplates, a glass façade, outdoor
balconies, a best-in-class conferencing center and board room, a
catering kitchen and outdoor terrace, underground parking and a
premier fitness facility. The 10-story tower is fully leased and is
anchored by Polsinelli, one of the nation’s leading law firms.
Retail tenants include Jax Fish House, JJ’s and The Monarch
Cocktail Bar and Lounge. Located at 900 West 48th Street, the
Polsinelli Headquarters is positioned in the Country Club Plaza
submarket of Kansas City, which has seen tremendous job and
population growth as well as infrastructure investment over the
past few years. The Country Club Plaza submarket comprises 15
blocks, which include more than 100 high-end shops, 30 restaurants
and a wide variety of entertainment venues with more than 20
million visitors nationally. Additionally, Plaza Vista is close to
the affluent residential neighborhoods of Mission Hills, Sunset
Hill and South Plaza that boast average home prices from $645,000
to more than $1.6 million.
The HFF investment advisory team representing the seller
included senior managing directors Mark Katz and Danny Kaufman and
senior director Peter Merrion.
“Plaza Vista was a rare offering that garnered substantial
investor interest,” said Merrion. “It is a truly unbelievable
trophy building anchored by one of the nation’s leading law firms
and situated in the heart of the incredibly dynamic Country Club
Plaza market.”
Holliday GP Corp. ("HFF") is a Missouri licensed real estate
broker.
About EverWest Real Estate
Partners
EverWest Real Estate Partners, LLC, headquartered in Denver,
Colorado, is a privately held real estate investment management and
operating company, creating significant capital appreciation for
investors through strategic acquisition, development,
capitalization, repositioning and management of commercial real
estate assets. For more information, visit www.everwest.com.
About Platform Ventures
Platform Ventures was formed in 2008 by brothers Ryan and Terry
Anderson. The firm currently has more than $1.4 billion in assets
under management. For more information, please visit:
www.platformv.com.
About HFF
HFF and its affiliates operate out of 26 offices and are a
leading provider of commercial real estate and capital markets
services to the global commercial real estate industry. HFF,
together with its affiliates, offers clients a fully integrated
capital markets platform, including debt placement, investment
advisory, equity placement, funds marketing, M&A and corporate
advisory, loan sales and loan servicing. HFF, HFF Real Estate
Limited, HFF Securities L.P. and HFF Securities Limited are owned
by HFF, Inc. (NYSE: HF). For more information, please visit
hfflp.com or follow HFF on Twitter @HFF.
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version on businesswire.com: https://www.businesswire.com/news/home/20190604005143/en/
MARK KATZHFF Senior Managing Director(303)
515-8000mkatz@hfflp.com
DANNY KAUFMANMO Lic. #2012028715HFF Senior Managing
Director(312) 528-3650dkaufman@hfflp.com
KRISTEN MURPHYHFF Director, Public Relations(617)
338-0990krmurphy@hfflp.com
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