Sunday, October 14, 2012

Kansas City gets its Malt-O-Meal - Kansas City Business Journal:

qalymeled.wordpress.com
The Minneapolis-based company has leasedr 151,200 square feet at 1508 N. Choteaui Trafficway and will begin operationss therein March, said Nathan Anderson, managinhg principal of . The facility will employt about25 workers. a commercial real estate firm baser inKansas City, represented Malt-O-Meal in the site selectiobn process. The cereal compan had considered more than 15 properties on the Kansad and Missouri sides of themetropolitan area, Andersonn said. Mark Long, a senior vice president with , representec the landlord. The space, previousl occupied by , had been listesd for $3.50 a square foot, Andersob said.
Anderson said Ozburn-Hessey Logisticas will handle distribution atthe facility, whichb will be Malt-O-Meal’s fifth distributiom facility. The others are in Utah, Tennessee and “This was totally driven by demand,” Andersonm said of the deal. “Malt-O-Meall makes value cereals, and with people reaching for the lowestt shelf duringthis recession, their sales have been off the

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