Tower Properties Company engages in the ownership, development, lease, and management of commercial and residential real estate properties in Johnson County, Kansas, as well as in Clay, St. Louis, and Jackson Counties in Missouri. The real estate owned by the company includes office buildings, apartment complexes, a warehouse, a warehouse/office facility, automobile parking lots, and land held for future sale or development.
Properties
The Barkley Place is a six-story 98,000 rentable square fo...
Tower Properties Company engages in the ownership, development, lease, and management of commercial and residential real estate properties in Johnson County, Kansas, as well as in Clay, St. Louis, and Jackson Counties in Missouri. The real estate owned by the company includes office buildings, apartment complexes, a warehouse, a warehouse/office facility, automobile parking lots, and land held for future sale or development.
Properties
The Barkley Place is a six-story 98,000 rentable square foot office building located in Overland Park, Kansas. The building is 96 percent occupied.
UMB Bank is a six-story 55,000 rentable square foot office building with covered parking on five levels plus surface parking on top of the attached garage located at 7911 Forsyth, Clayton, Missouri. The building is 100 percent leased.
Woodlands Plaza I is a three-story 93,500 rentable square foot office building with surface parking for 348 cars located at 11720 Borman Drive, St. Louis, Missouri. The building is 100 percent leased.
6601 College Boulevard is a six-story 101,200 rentable square foot office building, located in Overland Park, Kansas. The building is 100 percent leased under a triple net lease.
The company’s warehouse/office facility is located at 9200 Cody, Overland Park, Kansas. The building contains approximately 24,100 square feet of office space and 96,800 square feet of warehouse space. The building is 100 percent leased under a triple net lease.
The company’s warehouse is located at 9909 Lakeview, Lenexa, Kansas. The building contains approximately 115,000 square feet of warehouse space. The building is 100 percent leased under a triple net lease.
The One and Two Liberty Plaza buildings are two 2-story office buildings totaling approximately 54,000 square feet and surrounding surface parking lots located in Liberty, Missouri. The buildings are 100 percent leased to a single tenant under a triple net lease.
The 10955 Lowell Building (Building 20) is a 10-story 112,000 square foot office building, located in Overland Park, Kansas. The building is 97 percent leased.
The 7400 Place Building is a two-story 47,000 rentable square foot office building with a total of 177 parking spaces, 36 of which are in a one-story basement parking structure located at 7400 State Line, Prairie Village, Kansas. The building is presently 91 percent leased.
The Corinth Office Building is a two-story, above ground plus a lower level office building totaling 48,000 rentable square feet with a total of 140 surface parking spaces, located at 8340 Mission Road, Prairie Village, Kansas. The building is 83 percent leased. The Corinth Executive Building, a two-story 50,000 rentable square foot office building with a total of 235 surface parking spaces located at 4121 W. 83rd Street, Prairie Village, Kansas. The building is 72 percent leased. The Somerset Building, a two-story 43,000 rentable square foot office building with a total of 180 surface parking spaces located at 4200 Somerset, Prairie Village, Kansas. The building is 70 percent leased.
A 45-building, 622-unit apartment complex is on a 49.8-acre tract, including the 16-building, 248 unit complex called Oakbrook at New Mark, located near New Mark Drive, North Oak and North Cherry in Kansas City North, Missouri. The 374 apartments in Phase I through IV are 90 percent occupied.
Oakbrook at New Mark is a 16-building, 248-unit complex, including a 5,000 sq. ft. clubhouse and pool on 18.83-acre tract, located at 103rd and North Oak in Kansas City North, Missouri. The Oakbrook apartments are 89 percent occupied.
The company has approximately 35 acres of undeveloped land held for sale located in Kansas City North, Missouri.
The company holds a 24-building, 329-unit apartment complex, on a 30.3-acre tract, located at 5401 Fox Ridge Drive in Mission, Kansas called Hillsborough. The apartments are 94 percent occupied.
The company holds a 7-building, 162-unit apartment complex, on an 8.7-acre tract located at 6800 Antioch in Merriam, Kansas called Peppertree. The apartments are 98 percent occupied.
The company has 5.64 acres of land in Merriam, Kansas adjacent to the Peppertree Apartments.
One block of surface parking bounded generally by Sixth Street, Baltimore Street, Seventh Street and Wyandotte Street in Kansas City, Missouri that contains approximately 201 parking stalls, a block of surface parking located generally at the corner of Eighth and Wyandotte Streets in Kansas City, Missouri that contains approximately 191 parking stalls, a surface parking lot located at 700 Baltimore in Kansas City, Missouri that contains approximately 276 parking stalls, a surface parking lot at 600 Main in Kansas City, Missouri that contains approximately 91 parking stalls, a surface parking lot at 601 Main in Kansas City, Missouri that contains approximately 112 parking stalls, and a surface parking lot located at 102 E. 8th in Kansas City, Missouri that contains approximately 40 parking stalls.
Tenants
The company’s principal tenant includes Commerce Bancshares, Inc.
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