CBRE Arranges Sale of Infill Apartments in Kansas City Metro
CBRE arranged the sale of Park Edge, a 260-unit apartment community in the Lenexa submarket of Kansas City to Cohen-Esrey, a Kansas City-based real estate firm, for an undisclosed sum. Jeff Stingley and Max Helgeson of CBRE represented the seller, Maxus Realty Trust, Inc.
Located at 8201 Renner Rd. in Lenexa, the 29-building property offers one- two- and three-bedroom units with an average unit size of 1,131 square feet. Completed in 1999, Park Edge features full-size washer and dryers, patios and balconies, and large closets. Community amenities include a fitness center, an indoor and outdoor pool, a clubhouse, and a grilling area.
“Park Edge sits in a strategic infill location and provides unparalleled access to employers, amenities, and top-rated schools, resulting in an affluent and educated resident base that will perpetually drive tenant demand for years to come,” said Stingley
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).