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163,000-SQUARE-FOOT RETAIL CENTER SELLS FOR $10.75 MILLION IN KANSAS CITY

KANSAS CITY, MO. — A partnership between Jasper Stone Partners and Agman Partners has purchased Stateline Station Shopping Center in Kansas City. Located at the intersection of 135th Street and State Line Road, the 163,000-square-foot property sold for $10.75 million. The property was 78 percent occupied at the time of acquisition. Ember Grummons of Investors Realty represented Jasper Stone Partners, and Jon Pesce and Kevin Rhodes of Seldin Co. represented Agman Partners in the transaction. The seller, M&I Bank, was represented by Paul Mulligan of Cormac Co. and Rob Luellen of Quantum Development.

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