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Minneapolis Firm Makes Kansas City Debut With Downtown Apartment Acquisition

Seller Representatives Cite Ballooning Prices, Feverish Investor Demand As Motivation Behind Sale
Centropolis On Grand is a high-end apartment building in River Market, a district in downtown Kansas City known for its nightlife, cuisine and shopping. (CoStar)
Centropolis On Grand is a high-end apartment building in River Market, a district in downtown Kansas City known for its nightlife, cuisine and shopping. (CoStar)
By Brian DeHart
CoStar Research
March 22, 2022 | 5:53 P.M.

A Minnesota company called Oaks Properties has bought Centropolis On Grand, a luxury apartment building in downtown Kansas City’s River Market neighborhood.

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