NORTH KANSAS CITY, MO – Maxus Realty Trust, Inc. (“MRTI”), a real estate investment trust with corporate headquarters located in North Kansas City, MO, has completed the acquisition of Thomaston Crossing apartment community in Macon, Georgia for $25,000,000.
Thomaston Crossing was constructed in 2014 and includes 250 apartment units comprising approximately 260,000 square feet.
MRTI is a REIT that is in the business of acquiring, investing, developing and redeveloping multifamily and commercial properties in Missouri, Arkansas, Oklahoma, Texas, Florida, Kansas, Mississippi, Louisiana and Georgia. MRTI has ownership interests in 27 multifamily properties (7,222 apartment homes) and has approximately 92,000 square feet of retail space.
MRTI’s common stock is quoted on the OTC Pink market tier of the OTC market, which operates an interdealer quotation system and electronic messaging service, called OTC Link®, for broker-dealers to trade OTC equity securities.
Additional information about MRTI may be found at www.otcmarkets.com (symbol “MRTI”).