Portfolio
Real Estate
Scarritt Building & Scarritt 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 SF, four-story multi-tenant office building constructed in 1900. These historic buildings are located 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
Square Footage
150,000 SF
Property Type
Class "B" office
Investment Profile
Mezzanine Lender
Acquired
Q3 2018
Status
Active Debt Investment