July 23, 2018
Richmond, VA-based Lingerfelt CommonWealth Partners, in a joint venture with Boston-based CrossHarbor Capital Partners LLC, acquired 2345 Grand Boulevard, located in downtown Kansas City, MO’s Crown Center submarket.
The 28-story, 538,741-square-foot Class A office tower was designed by legendary architect Mies van der Rohe, and developed by the Shorenstein Company in 1977 as a regional headquarters for IBM. It is prominently located near the vibrant and expanding Crossroads Arts District. The tower is roughly 73% occupied, and is anchored by the corporate headquarters of Lathrop Gage, a nationwide multi-service law firm.
Lingerfelt CommonWealth’s Brian Witthoefft says, “We are enthusiastic about entering the Kansas City market at this time, and we are particularly excited to own such an iconic building in this prime location.”
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