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AcquisitionsKansasMidwestMultifamily

Northmarq Brokers Sale of 301-Unit Multifamily Property in Wichita, Kansas

by Kristin Harlow

WICHITA, KAN. — Northmarq has brokered the sale of Union Mill, a 301-unit luxury multifamily property in Wichita. Benjamin Davis, Jeff Lamott and Casey Wilhm of Northmarq represented the seller, TLC Properties. The buyer was UM Apts LLC. Built in 2023 and 2024, Union Mill is comprised of 11 buildings with studio, one-, two- and three-bedroom floor plans. The property is currently 91 percent leased. Amenities include a heated saltwater pool, pickleball court, mini putting course, golf simulator, fitness center, dog park, electric vehicle charging stations, covered parking and a bodega convenience store. The deal marks the largest multifamily sale in Wichita history, according to Northmarq.

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KansasMidwestMissouriMixed-Use

Kansas City Chiefs, Hunt Midwest Launch Two-Point Development

by Kristin Harlow

KANSAS CITY, MO. — The Kansas City Chiefs and Hunt Midwest are launching Two-Point Development, a joint real estate venture that will help shape mixed-use districts around the football franchise’s new stadium in Kansas City, Kan., and its new headquarters and training facility in Olathe, Kan. The long-term strategic partnership is meant to ensure that both developments create year-round sports and entertainment destinations that will spur regional economic activity and create new jobs. Two-Point Development will serve as master developer for the design and development of both districts, overseeing the architects, engineers, land planners and general contractors who will bring the projects to life. In Kansas City, the development will blend entertainment, hospitality, retail, residential and public gathering spaces. In Olathe, the team’s headquarters and practice facility will serve as the centerpiece of a mixed-use environment. The Two-Point Development name stems from Lamar Hunt’s vision for including the two-point conversion in professional football. Hunt founded the Dallas Texans in 1960, and the franchise moved to Kansas City in 1963. The team is under the ownership of the Hunt Family. The Chiefs projects are part of a partnership with support from the State of Kansas, the Kansas Department of Commerce, the …

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KansasLoansMidwestMultifamilyStudent Housing

Gantry Arranges $22.8M Loan for Kansas Student Housing Property

by Kristin Harlow

PITTSBURG, KAN. — Gantry has arranged a $22.8 million permanent CMBS loan for University Digs, a multifamily property located at 1902 S. Broadway St. in Pittsburg, directly adjacent to Pittsburg University. The three-story, 190-unit community features a mix of studio, one- and two-bedroom floor plans. Originally built in 1960, University Digs has undergone extensive renovations since its original construction. Amenities include a pool, clubhouse, volleyball court, pickleball court and onsite management. Mark Reichter and Alec Frook of Gantry represented the borrower, a private real estate investor. The five-year, fixed-rate loan features interest-only payments for the full term.

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KansasLoansMidwestMultifamilySeniors Housing

Partnership Receives $66.9M Loan for Refinancing of Active Adult Community in Fairway, Kansas

by Kristin Harlow

FAIRWAY, KAN. — A partnership between EPC Real Estate Group and Platform Ventures has received a $66.9 million loan for the refinancing for The Fieldston, an active adult community located in Fairway, approximately 10 miles southwest of Kansas City. Completed in 2025, the property is situated on 4.6 acres and totals 209 units. Amenities at the community include a swimming pool, sun deck, pub, golf simulator, spa, coworking spaces, outdoor kitchen, outdoor lounge, putting green, exercise studio, yoga studio, pet parlor and community garden. Mark Erland, Kevin Baron and Ellie Savage of JLL arranged the financing on behalf of the borrower. The direct lender was not disclosed.

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KansasLeasing ActivityMidwestMixed-UseRetail

Anthropologie to Open at Bluhawk Mixed-Use Development in Suburban Kansas City

by Kristin Harlow

OVERLAND PARK, KAN. — Anthropologie will join Bluhawk, a 277-acre mixed-use destination in Overland Park, in summer 2027. The store marks the retailer’s third Kansas City-area location to date. Home to AdventHealth Sports Park, Bluhawk brings together retail, dining, hospitality, entertainment and youth sports in a walkable setting. Previously announced tenants at the project include L.L.Bean, Barnes & Noble, J.Crew Factory and the newly opened Buckle.

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AcquisitionsKansasMidwestOffice

Balls Food Stores to Relocate Headquarters to 12,927 SF Office in Mission, Kansas

by Kristin Harlow

MISSION, KAN. — Balls Food Stores has purchased a 12,927-square-foot office building located at 5830 Woodson in Mission to serve as its new corporate headquarters, supporting its network of local grocery stores, including Hen House Market, Price Chopper, Sun Fresh and Payless Discount Foods. Locally owned and operated since 1923, Balls Food Stores was founded by Sidney and Mollie Ball in Kansas City, Kan. The company has grown from a single neighborhood grocery store into one of the Kansas City region’s leading independent grocery retailers. Today, Balls Food Stores operates 25 supermarkets throughout metro Kansas City. David Block and Will Sanders of Block & Co. Inc. Realtors represented Balls Food Stores in the transaction. The former Balls Food Stores headquarters at 5300 Speaker Road in Kansas City is now available for sale through Block & Co.

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AcquisitionsCivicDevelopmentKansasMidwest

Block & Co. Brokers Land Sale for New Wyandotte County Fire Station Near Future Kansas City Chiefs Stadium

by Kristin Harlow

KANSAS CITY, KAN. — Block & Co. Inc. Realtors has brokered the sale of 6.9 acres along North 78th Street and Riverview Avenue in Kansas City to the Unified Government of Wyandotte County. The site will be used for the development of a new fire station to serve the growing west side of Wyandotte County. The property represents one of the last remaining development sites with direct access to an I-70 interchange, according to Block. David Block and Camren Sinclair of Block & Co. arranged the sale on behalf of the undisclosed seller.

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AcquisitionsKansasMidwestMultifamily

29th Street Capital Acquires 161-Unit Chestnut Heights Townhomes in Olathe, Kansas

by Kristin Harlow

OLATHE, KAN. — Chicago-based real estate investment firm 29th Street Capital (29SC) has acquired Chestnut Heights Townhomes, a 161-unit townhome rental community in Olathe. The property will be managed by 29th Street Living, the company’s property management platform. 29SC partnered with Basis Investment Group’s BIG Equity Value-Add Fund II for limited partnership equity for the acquisition of the property and a capital improvement program. Located in Johnson County, Chestnut Heights offers two- and three-bedroom townhomes averaging 1,300 square feet. The community features attached garages and a variety of resident amenities.

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KansasLeasing ActivityLife SciencesMidwest

French Biotech Company to Open U.S. Lab Space in Topeka, Kansas

by Kristin Harlow

TOPEKA, KAN. — Spore.Bio, a biotechnology company headquartered in France with an existing U.S. presence in New York, has unveiled plans to become the first laboratory tenant at Link Innovation Labs in Topeka. Located in the heart of Topeka’s Innovation District, Link Innovation Labs provides flexible private lab suites, shared equipment, collaboration areas and resources designed to help companies accelerate research, commercialization and growth. Organizations located within Link Innovation Labs include Plug and Play Topeka, the Washburn Small Business Development Center and Sparrow Coffee at Link.

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AcquisitionsIndustrialKansasMidwest

BGO, Yukon Sell 291,000 SF Cold Storage Facility in New Century, Kansas

by Kristin Harlow

NEW CENTURY, KAN. — BGO and Yukon Real Estate Partners have sold New Century Cold Storage, a newly built, 291,000-square-foot cold storage warehouse in New Century, a southwest suburb of Kansas City. A MetLife Investment Management client was the buyer. The facility, owned and co-developed through a joint venture between BGO and Yukon, was purpose-built as a plant-attached, built-to-suit warehouse for CJ Logistics America. The property is located within Johnson County Airport Commission’s New Century AirCenter industrial park, with a direct rail spur to the building and access to the BNSF Railway transcontinental intermodal facility. The asset is positioned less than four miles from I-35, providing road access to approximately 85 percent of the U.S. population within two days.

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