Griffin Capital Co., a private real estate investment manager and Griffin Capital affiliate, has announced that its Griffin Union Berkley Multifamily DST fully subscribed its $59.9 million offering of Union Berkley, a 407-unit, class A multifamily community in Kansas City, Mo. The property is located in the highly sought-after Olathe submarket and benefits from a strong economic foundation and access to major employment centers. One of four luxury apartment communities situated directly adjacent to the property, the property is also within proximity to class A mixed-use developments and employment and entertainment hubs.
Griffin Capital acquired Union Berkley Riverfront Apartments in November 2025. The property is positioned to benefit from the planned riverfront master plan occurring in the Berkley Riverfront district, including new green space, a riverwalk, retail development, the $171 million CPKC Stadium and a planned streetcar extension with an adjacent to the property.