TA Associates may sell new home of GSA in Kansas City

Kansas City's General Services Administration office will move from the city's southern edge to Two Pershing Square, next to Union Station. | Photo courtesy of Creative Commons
Kansas City’s General Services Administration office will move into Two Pershing Square, next to Union Station, this year. | Courtesy of Creative Commons

Two Pershing Square, a 514,000-plus-square-foot office building located just south of downtown Kansas City, is rumored to be going back on the market. The building, which is situated next to Union Station and Crown Center, will become the new home of the General Services Administration in Kansas City starting later this year.

Although TA Associates Realty purchased the building for $70 million in 2000, it may not earn that amount back in a sale due to factors such as the building’s age and the terms of the GSA lease.

Read more from the Kansas City Business Journal


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