Morgan Stanley Acquires KC Ace Hardware Facility for $159M
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing, acquired a newly developed 1.5 million-square-foot distribution facility in Kansas City, Missouri, for $158.5 million. The property was acquired from Hunt Midwest,…
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing, acquired a newly developed 1.5 million-square-foot distribution facility in Kansas City, Missouri, for $158.5 million. The property was acquired from Hunt Midwest,…
BELLINGS Intelligence Score: 12
Why it matters
This is a routine real estate acquisition by a major investment manager with no novel structure or broader market impact, representing ordinary business activity in commercial real estate investing.