Thomson Walker, LLC assisted its clients, Gailoyd Enterprises Corp. and West Properties, Inc., in the successful sale of the historic Kansas City Power and Light Building and surrounding lots to an affiliate of NorthPoint Development. The transaction closed on September 30, 2014.
For the full story see the Kansas City Business Journal article “NorthPoint Closes on Power and Light Building“.
The sale and redevelopment of the historic Power & Light Building is moving forward under the guidance of NorthPoint Development, the proposed redeveloper of the Building. The status and plans of the redevelopment are summarized by Kevin Collison in his article in the Kansas City Star. Thomson Walker, LLC represents the owner of the building and surrounding property.
As reported on November 19th by the Kansas City Business Journal and the Kansas City Star, the contract between Gailoyd Enterprises Corporation and West Properties, Inc., as sellers, and potential buyer, Sherman Associates, Inc., for the Power and Light Building and surrounding property in Kansas City, Missouri has been terminated. The iconic Power and Light Building and the lots encompassing the majority of the same block are back on the market and listed by Gib Kerr of Re/Max Commercial Solutions.
As reported in the Kansas City Business Journal, the Kansas City Power & Light Building, owned by Gailoyd Enterprises Corporation, is under contract to be purchased by Sherman Associates, Inc. Surrounding property owned by Gailoyd Enterprises and related-company, West Properties, Inc., is to be included in the sale. Thomson Walker, LLC is representing Gailoyd Enterprises Corp. and West Properties, Inc.
As reported in the New York Times, the historic Kansas City Power and Light Building, located in Downtown Kansas City, Missouri, has been listed for sale by owner Gailoyd Enterprises Corporation. Thomson Walker, LLC provides legal representation for Gailoyd Enterprises Corporation and affiliated company, West Properties, Inc. Gib Kerr of RE/MAX Commercial Solutions is the broker representing Gailoyd Enterprises and West Properties.