Refrigerated Warehouse Building Sold in Kansas City, Missouri.

Refrigerated Warehouse Building Sales Prices in Kansas City, Missouri.

In Kansas City, Missouri there have been several smaller refrigerated warehouse building sales transactions completed within this last year, 2012.  Each refrigerated building transaction was on smaller refrigerated food processing facilities. These refrigerated buildings were originally constructed in the 1970s to be USDA certified refrigerated food processing facilities.  They were used continuously as meat processing facilities until the date they were sold. The new owners’ intentions are on continuing to use them as food processing facilities for their own food company’s use. There was no intention to ever offer these cooler or freezer capable buildings as refrigerated warehouse space for lease.

There are several interesting aspects about these two refrigerated building sales transactions in the Kansas City, Missouri metropolitan marketplace.  The first was that both refrigerated buildings are smaller than 15,000 ft.² in total building size.  One refrigerated food processing building was a total of 11,000 ft.² and the other was also a refrigerated food processing building at approximately 15,000 ft.².  The second interesting aspect was the unusually brief amount of time that both of the refrigerated facilities were on the market for sale. Neither one of the facilities was ever on the market as having refrigerated warehouse space for lease. Temperature controlled industrial real estate, and in particular refrigerated buildings with cooler and freezer warehouse space capabilities, are on the market an abnormally long time when compared to the market times for industrial non-temperature controlled warehouse or ambient temperature food production facilities.

Both of these Kansas City, Missouri refrigerated buildings were only on the market for approximately 4 months. This was an unusually short amount of time in a recessionary economy.

For further information on Kansas City, Missouri's refrigerated buildings that are available for purchase or for lease call Jim Cronin, a real estate broker, at 314-994-0577 or e-mail Jim Cronin at j.cronin@hawkds.com

For information on refrigerated warehouse buildings for sale or lease in Kansas City connect to www.hawkds.com