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Chicago & Midwest  + Kansas City  + Industrial  | 

Gantry Secures $31M for Kansas City Warehouse Facility

Gantry has secured a $30.5 million permanent loan to refinance maturing debt for a 603,000-square-foot warehouse facility located in the Skyport Industrial Center at 7501 NW 106th Terrace in Kansas City’s Northland submarket.

The multi-tenant facility underwent a full renovation in 2023 and is now 100%-leased in a multi-tenant format for a range of logistics uses. Building specs include 32’ clear heights, 22,000-square-foot bay size, 135’ deep truck court, cross-dock expansion capacity, and ready access to regional and national logistics infrastructure, including Kansas City International Airport, I-29 and I-435.

Gantry’s Mark Reichter, Principal, with the firm’s Kansas City production office, represented the borrower, a private real estate investor. The seven-year, fixed-rate, non-recourse loan was secured through one of Gantry’s correspondent life company lenders and includes one year of interest-only payments, followed by 30-year amortization. Gantry will service the loan for the lender.

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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