Morgan Stanley Real Estate Investing buys Kansas City Ace Hardware distribution facility for $158.5 million

Reuters2026/08/11 12:55

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Morgan Stanley Real Estate Investing bought a newly developed 1.5 million-square-foot Ace Hardware distribution facility in Kansas City for USD 158.5 million.
Seller Hunt Midwest developed the Class A build-to-suit asset in 2025 as the first phase of KCI 29 Logistics Park.
Property is under a long-term net lease to Ace Hardware, supporting Morgan Stanley’s strategy focused on mission-critical net lease assets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Morgan Stanley published the original content used to generate this news brief via Business Wire (Ref. ID: 202608110855BIZWIRE_USPR_____20260811_BW784316) on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Morgan Stanley Real Estate Investing buys Kansas City Ace Hardware distribution facility for $158.5 million

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