Industrial / Logistics
IRA acquires industrial real estate which include warehouses, distribution/logistics facilities, and light manufacturing facilities in target markets throughout the US. The supply and demand imbalance that was exacerbated during the pandemic persists across the U.S. today as consumer expectations continue to shift toward same-day delivery. IRA expects growth in key industrial markets moving forward and looks to invest in densely populated, land constrained markets with strong labor pools.
Featured Transaction
IRA Capital, in partnership with Foxfield Industrial and local Kansas City developer Copaken Brooks, developed a two-building 487,000 square-foot industrial project at the doorstep of the BNSF intermodal facility in Edgerton, Kansas. The logistics parks site is approximately 25 miles southwest of downtown Kansas City.
Building 1 offers 301,000 square feet of divisible floor space, a cross-dock configuration with up to 63 loading docks, four 12-foot by 14-foot drive-in doors, and a 32-foot overhead clearance. Building 2 has 186,000 square feet of divisible floor space, room for up to 41 loading docks, two 12-foot by 14-foot doors, and a 32-foot overhead clearance.
Midwest Gateway is an ideal warehousing, distribution, and manufacturing market. Companies like Amazon, Excel Industries, Jet.com, Smart Warehousing, and Kubota Tractor set up shop in the Kansas City Logistics Park, where they can easily deliver their goods to 85 percent of the United States in two days or less
The intermodal’s advantages help tenants reduce operating and drayage costs and maximize their supply chain. Being located along a heavy haul corridor allows shippers to send heavier loads to and from the intermodal yard.