CHAMBERS STREET BUYS 1.1M SF FACILITY IN SUBURBAN KANSAS

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GARDNER, KAN. — Chambers Street Properties has purchased a fully leased 1.1 million-square-foot warehouse and distribution facility in Gardner, a suburb of Kansas City. The acquisition includes an adjacent 20.3 acres, which is currently zoned for 450,000 square feet of additional warehouse and distribution space. The single-story building was completed in 2009 and is the primary distribution center for Coleman Co., a sporting goods manufacturer. The property is leased through January 2020. The building is less than five miles from BNSF Railway's $250 million railroad-to-truck Intermodal Center, due for completion next year.

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