AREA Property Partners affiliates have bought four Class A warehouses totaling about 835,000 square feet from Kansas City Life Insurance Co. for $23.6 million.

These are details on the four properties:

• 4650 Quality Drive, bought by AP Quality Drive LLC for $10.5 million. 371,050 square feet built in 1992 on 21 acres on the north side of Quality Drive west of the intersection of Lamar Avenue and Pleasant Hill Road. Shelby County Assessor’s 2011 appraisal is $7.7 million.
• 4100 Quest Way, bought by AP Quest Way LLC for $6.5 million. 230,178 square feet built in 1999 on 9.8 acres on the northeast corner of Quest Way and East Raines Road. Appraisal is $6.3 million.
• 3363 Miac Cove, bought by AP Miac Cove LLC for $3.7 million. 131,022 square feet built in 1999 on 7.7 acres on the northwest corner of Miac Cove and Miac Drive. Appraisal is $3.9 million.
• 4481 Pleasant Hill Road bought by AP Pleasant Hill LLC for $2.9 million. 102,152 square feet built in 1992 on 8.7 acres on the north side of Quality Drive west of the intersection of Lamar Avenue and Pleasant Hill Road. Appraisal is $2.8 million.

Purchase, N.Y.-based AREA Property Partners is an international real estate fund manager that has been investing in the U.S. since 1993 and globally since 1995, according to its website.

Tax bills are to be sent to Alpharetta, Ga.-based DW Management Co. LLC.

Source: The Daily News Online & Chandler Reports