Portfolio
Real Estate
Scarritt Building & Arcade
Transaction Overview
The Scarritt Building at 818 Grand Boulevard is a 130,000 square foot, 12-story multi-tenant general historic building. Scarritt Arcade at 819 Walnut Street is a 20,720 square foot, four-story multi-tenant office building constructed in 1900. These historic buildings are in the Central Business District of Kansas City, MO. SRC provided mezzanine financing for a local developer to acquire the property.
Key Stats
Location
Kansas City, MO
Submarket
Central Business District
Address
818 Grand Blvd.
Square Footage
150,000 SF
Property Type
Office
Investment Profile
Mezzanine Lender
Funding Date
Q3 2018
Status
Realized Investment; Sold Q3 2019