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3/16/26
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A private investor has obtained a $25.5 mil permanent loan to retire maturing construction debt from the development of Riverside Logistics Centre II, a 328k sf, modern, multi-tenant logistics facility located at 3910 NW Helena Rd in Riverside, a northwest suburb of Kansas City.
The property is strategically located for logistical efficiencies, with ready access to I-70, I-35, and I-29 via I-635. The building features 36-foot clear heights, ESFR sprinkler system, (36) 9’ x 10’ overhead dock doors and (4) 12’ x 16’ mechanically operated grade level drive-in doors, and dedicated parking for 88 trailers.
Gantry’s Mark Reichter, Principal, and Alec Frook, Associate, with the firm’s Kansas City production office represented the borrower in the transaction. The seven-year, non-recourse, fixed rate loan was provided by an insurance company lender and features a 27--year amortization.
“Healthy interest in Kansas City logistics space throughout 2025 enabled this modern, spec logistics facility to finally achieve 100% occupancy after delivering in 2023 partially leased,” noted Reichter.
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