REBusinessOnline

COVID-19 Continues to Put Tenant-Landlord Relationships Under Microscope, Say Kansas City Retail Webinar Panelists

KANSAS CITY, MO. — The COVID-19 pandemic has continued to highlight the importance of strong tenant-landlord relationships, particularly in the retail sector. Tyler Enders, co-owner of local Kansas City shop Made in KC, works with roughly 10 different landlords and has experienced a variety of different approaches to the COVID-19 conversation.“Some local landlords have been very communicative and have come to us with a creative solution. Others have been responding late and are bogged …

Features, Heartland Feature Archive, Kansas, Midwest, Missouri, Retail

Marcus & Millichap Negotiates Sale of 50-Unit Best Western Hotel in Kansas

WAKEENEY, KAN. — Marcus & Millichap has negotiated the sale of a 50-room Best Western Plus hotel in Wakeeney in central Kansas. The sales price was undisclosed. Built in 2005, the hotel is located at 525 S. 1st St. Allan Miller, Chris Gomes and Steve Swenholt of Marcus & Millichap’s Austin office marketed the property on behalf of the seller, a private investor. The team also procured and represented the buyer, a limited liability

Acquisitions, Hospitality, Kansas, Midwest

Occidental Management Plans Mixed-Use Redevelopment of Former Sprint Headquarters Near Kansas City

OVERLAND PARK, KAN. — Occidental Management has unveiled its plans for the former Sprint Corp. headquarters campus in Overland Park. The Wichita, Kan.-based developer acquired the 200-acre property in July 2019 from Sprint.The campus is situated at 6100 Sprint Parkway, 16 miles south of Kansas City, Kan. Occidental will keep existing buildings, which comprise 4 million square feet of office space, and add 2.7 million square feet of residential, retail, restaurant and office space …

Development, Kansas, Midwest, Mixed-Use, Top Stories

Block & Co. Acquires Sonic-Occupied Property in Overland Park, Kansas

OVERLAND PARK, KAN. — Two investment groups headed by Block & Co. Inc. Realtors have acquired a 1,434-square-foot property net leased to Sonic in Overland Park for an undisclosed price. The restaurant sits on .8 acres at 10701 Roe Ave. Block & Co. will manage the property. David Block and Max Kosoglad of Block & Co. represented the buyers. Micah Feingold Commercial Real Estate represented the

Acquisitions, Kansas, Midwest, Restaurant, Retail

PEBB Enterprises Sells Tires Plus-Occupied Retail Property in Overland Park for $2.2M

OVERLAND PARK, KAN. — PEBB Enterprises has sold a retail property leased to Tires Plus at its Pinnacle Village shopping center for $2.2 million. Four Corners Property Trust purchased the 7,740-square-foot building, which is located in the Kansas City suburb of Overland Park. Colliers International brokered the sale. PEBB acquired the 126,909-square-foot Pinnacle Village in May 2018. DSW and Michael’s are the anchor

Acquisitions, Kansas, Midwest, Retail

Block Real Estate Services Begins Development of $60M Apartment Complex in Suburban Kansas City

OVERLAND PARK, KAN. — Block Real Estate Services LLC has begun development of a $60 million apartment complex in Overland Park, an upscale suburb of Kansas City. Designed by Hoefer Wysocki, The Residences at Galleria is part of the first phase of the larger $350 million project known as Galleria. Phase I includes two apartment buildings, office space, retail and entertainment space and parking. The Residences at Galleria will rise four stories with 322 units, which will surround a …

Development, Kansas, Midwest, Multifamily

Marcus & Millichap Negotiates $12.1M Sale of Two-Tenant Retail Property in Overland Park, Kansas

OVERLAND PARK, KAN. — Marcus & Millichap has arranged the sale of a retail property located at 6821 W. 135th St. in Overland Park. A private Overland Park-based developer sold the asset to an out-of-state family trust for $12.1 million.Sprouts Farmers Market and Crowley Furniture occupy the 56,837-square-foot Class A property that was built in 2009. The building is located within Corbin Park, a 1.1 million-square-foot mixed-use development.Ryan Bowlby and Drew Isaac of Marcus …

Acquisitions, Kansas, Midwest, Retail

Great Plains, Kubota Unveil Plans for $53M Expansion Project in Salina, Kansas

SALINA, KAN. — Great Plains Manufacturing Inc., a wholly owned subsidiary of Kubota North America Corp., has unveiled plans for a $53 million expansion project and 750,000-square-foot building purchase. The effort is to further invest in the company’s Salina operations in support of growing demand for Kubota construction equipment. The existing building will become available for occupancy after July 2021. The company plans to launch operations by the end of 2021 in a phased-in approach. …

Development, Industrial, Kansas, Midwest

McCarthy Completes $21M Johnson County Medical Examiner Facility in Kansas

OLATHE, KAN. — McCarthy Building Cos. Inc. has completed construction of the new Johnson County medical examiner facility in Olathe. The 32,000-square-foot, single-story building is located at 11894 S. Sunset Drive in the heart of the Johnson County Government Campus. The $21 million project was designed to meet the highest standards of the National Association of Medical Examiners. The facility will help increase autopsy rates and provide data for public health officials to assist in …

Development, Healthcare, Kansas, Midwest

Block & Co. Acquires 46,538 SF Former Best Buy Store in Kansas City

KANSAS CITY, KAN. — Block & Co. Inc. Realtors has acquired a former Best Buy store located at 10500 Parallel Parkway in Kansas City. The purchase price was undisclosed. The 46,538-square-foot freestanding building sits on 4.2 acres within the 850,000-square-foot Plaza at the Speedway shopping center. David Block, Alex Block and Max Kosoglad of Block & Co. represented the buying entity. David Hickman of CBRE represented the undisclosed seller. Block & Co. will handle leasing and …

Acquisitions, Kansas, Midwest, Retail
Content Partners
Lee & Associates
RED Mortgage Capital
Walker & Dunlop

Webinars on Demand


Conferences
Oct
6
Webinar: Houston Retail Outlook— How is the Houston Market Responding to the Pandemic?
Oct
9
Webinar: San Diego Mixed-Use Outlook — Planning and Developing Mixed-Use Projects in the San Diego Market
Oct
14
Webinar: Phoenix Retail Outlook — How is the Phoenix Market Responding to COVID-19?
Oct
14
Conversation Technology As A Game Changer: Increasing Sales Effectiveness in Seniors Housing
Oct
15
Webinar: Driving Retail Income Through Specialty Leasing & Ancillary Revenue
Oct
19
NMHC / InterFace Student Housing 2020


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties