CTMT BROKERS OWNER-USER OFFICE SALE

KANSAS CITY, MO. — Colliers Turley Martin Tucker (CTMT) has brokered the sale of 720 Oak, an office building located in Midtown Kansas City. The building was purchased by The Builders’ Association, which will occupy 15,000 square feet, bringing occupancy up to 81 percent. A 3,850-square-foot vacancy remains on the second floor. The building will also be renamed the Builders’ Association Building. It recently underwent a $2.5 million renovation, which included new exterior, interior, landscaping and mechanical upgrades. D. Michael Posten of CTMT represented the buyer; Brian Bacon, also of CTMT, will handle leasing for the remaining space.