OVERLAND PARK, KAN. — MMG Real Estate Advisors has brokered the sale of Overland Station, a 300-unit multifamily community located at 7843 Riley St. in downtown Overland Park. The property was built in 1985. Harry Trotter, Brett Meinzer, TJ Wahl, Colson Bayles and Parker Guffey of MMG brokered the transaction. Buyer and seller information was not released.
TOPEKA, KAN. — Link Innovation Labs, a 17,000-square-foot hub designed to support startups, researchers, small businesses and industry partners, has opened in Topeka’s Innovation District. Link Innovation Labs offers office space, coworking areas, conference rooms, a dedicated pitch and event space and a flexible lab facility designed for early-stage animal health and bioscience companies. The space includes BSL-1 and BSL-2 laboratories, addressing a growing need for entry-level wet lab capacity for startups advancing alternative proteins, pet therapeutics, herd health technologies and AI-enabled biosecurity solutions. Link Innovation Labs is part of GO Topeka’s broader strategy to strengthen the region’s entrepreneurial ecosystem, support business formation and expansion and create high-quality jobs throughout Topeka and Shawnee County.
EDGERTON, KAN. — SparrowHawk has completed its first acquisition since securing $300 million in growth capital from Almanac Realty Investors. The company acquired a 764,735-square-foot warehouse in Edgerton near Kansas City that is fully leased. The building is within Logistics Park KC, an industrial park that currently has 17 multi-tenant buildings totaling 10.8 million square feet. Developed in 2016, the property is occupied by two tenants. In mid-2025, Faith Technologies took occupancy of 463,435 square feet at the north end of the building. Smart Warehousing, which occupies 302,492 square feet of space, is an original tenant of the building. The property features 101 dock doors, four drive-in doors, parking for 337 cars and 99 truck trailers and a clear height of 36 feet. Mark Long and John Hassler of Newmark Zimmer represented both SparrowHawk and the seller, a development firm and its institutional capital partner.
SALINA, KAN. — Davcon Aviation has unveiled plans for a phased development program at Salina Regional Airport in Kansas. Cushman & Wakefield is the leasing agent for the project. In collaboration with the Salina Airport Authority, the project will be anchored by a new Class A maintenance, repair and overhaul (MRO) hangar complex. At full build-out, the development will include more than 300,000 square feet of aviation facilities, representing a capital investment of $100 million. The project follows Davcon’s recently announced developments at Wichita’s Dwight D. Eisenhower National Airport and Topeka Regional Airport. Jerry Noble, Adam Madison, Kyle Stickles, Robb Vallier and Faith Kruckenberg of Cushman & Wakefield will serve as the leasing team. Davcon Aviation Partners LLC is a national airport hangar development company based in Mesa, Ariz.
DODGE CITY, KAN. — Ariel Property Advisors’ Capital Services Group has secured a $12.4 million acquisition loan for a 108-room Hampton Inn & Suites hotel in Dodge City within southwest Kansas. Matt Swerdlow and Matthew Dzbanek of Ariel arranged the fixed-rate loan through a regional balance sheet lender. The loan featured a 6.5 percent interest rate and a 25-year amortization schedule.
COLBY, KAN. — McCarthy Building Cos. has completed a new medical center replacement hospital for Citizens Health in Colby, a city in rural northwest Kansas. HFG Architects designed the facility. Located adjacent to the existing property, the campus consolidates Citizens Medical Center’s services into a single location. The 171,000-square-foot, 25-bed hospital represents a $105 million investment and serves as the only hospital between Hays, Kan., and Denver. The facility includes a full-service emergency department, inpatient beds, a surgery department with an orthopedic focus featuring four operating rooms and multiple procedure rooms, a clinic for 30 physicians and comprehensive support services, including dietary, laboratory, radiology, physical therapy and oncology. The property is among the nation’s largest hospitals funded through the U.S. Department of Agriculture’s Critical Access Hospital program. Additional project partners include Farris Engineering, BHC Engineering, Apex Engineering, Rand Mechanical, Bart’s Electric, Midwest Drywall, Hi-Plain Doors, Dunlap Concrete and Pryor Fire Sprinkler. Sporer Land Development completed mass grading.
SPRING HILL, KAN. — Sallee Development has sold Oak Woods, a build-to-rent townhome community with 192 units in Spring Hill, a southern suburb of Kansas City. Located east of Highway 169, the property offers two-, three- and four-bedroom floor plans with attached garages. Atlanta-based Wrightwell was the buyer. Wrightwell now owns three communities in the Midwest.
TOPEKA, KAN. — The J.M. Smucker Co. and its subsidiary Big Heart Pet Brands Inc. are making a $20.5 million investment in Topeka through an expansion of its manufacturing facility. The project includes a capital investment of $17.8 million in real property and $2.7 million in equipment. To accelerate the growth, the Joint Economic Development Organization board of Topeka and Shawnee County has approved economic development incentives totaling $383,000. Reser’s Fine Foods also recently announced a $34 million expansion in Topeka.
OVERLAND PARK, KAN. — MMG Real Estate Advisors has arranged the sale of Residences at Prairiefire, a 426-unit multifamily community in Overland Park. The sales price exceeded $100 million. Price Brothers Management Co., a Kansas City-based owner-operator, was the buyer. CRES Management, in partnership with Artemis Real Estate Partners, was the seller. TJ Wahl, Harry Trotter, Colson Bayles, Parker Guffey, Brett Meinzer, Michael Sullivan and Alex Blagojevich of MMG brokered the sale.
By Doug Stockman, Helix Architecture + Design Straddling two states, Kansas City is one of the country’s most distinctive real estate markets. Since 1992, our firm has designed workplace, cultural, higher education and multifamily projects of all types in the city, with specialized expertise in adaptive reuse. We see multifamily as the most active segment in 2026. Compared with other states, Missouri’s support for new housing projects is about average. Kansas is near the bottom, because the state lacks the revenue to incentivize housing. Inventory on the Kansas side is also less, with most multifamily housing located outside the city. Looking ahead, low-income housing tax credit (LIHTC) incentives will ideally accelerate Kansas City’s biggest market demand — affordable housing. The Kansas City Affordable Housing Set-Aside Ordinance presents some obstacles. To receive city subsidies, multifamily developments must have 12 or more units, 20 percent of which need to be affordable for households earning 60 percent or less of the area median income (AMI). Alternately, developers can pay $100,000 into the city’s Affordable Housing Trust Fund. Further, developers must navigate a complex process of zoning approvals and community engagement meetings that culminates with a city council hearing. If approved, developers on the Missouri …
