Kansas Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/kansas/ Commercial Real Estate from Coast to Coast Mon, 27 Jul 2026 14:12:14 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.2 https://rebusinessonline.com/wp-content/uploads/2020/09/cropped-REBusiness-logo-512px-32x32.png Kansas Archives - REBusinessOnline https://rebusinessonline.com/category/midwest/kansas/ 32 32 Eight Retail Tenants to Open at Phase II of Bluhawk in Overland Park, Kansas https://rebusinessonline.com/eight-retail-tenants-to-open-at-phase-ii-of-bluhawk-in-overland-park-kansas/ Mon, 27 Jul 2026 14:12:07 +0000 https://rebusinessonline.com/?p=461982 OVERLAND PARK, KAN. — Phase II of Bluhawk is slated to include a lineup of eight retail tenants, including L.L.Bean, Spavia Day Spa, JETSET Pilates, Chicken Salad Chick, Brookside Barkery & Bath, Amorino, Everbowl and Bruú Café, with additional tenants to come. Bluhawk is a 277-acre mixed-use development in the Kansas City suburb of Overland Park that is home to AdventHealth Sports Park. Price Brothers is the developer and manager of the project. L.L.Bean’s arrival marks the brand’s return to Kansas City. The store is slated to open in summer 2027. Italian gelato brand Amorino will make its Kansas City market debut and is also expected to open in summer 2027. Spavia Day Spa and JETSET Pilates are anticipated to open this fall. Phase II construction began in November 2025. J.Crew Factory, Buckle and Barnes & Noble are now open. Phase II connects the new offerings with the sports park. At Phase I, Swig and Saladworks recently opened, and Glow Sauna Studios is scheduled to open this month. A Holiday Inn Express by IHG hotel, developed and managed by Price Hospitality, opened in May, marking the first of three planned hotels at the development.  

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Caisson Capital Partners Acquires Kansas Apartment Community for $23.4M https://rebusinessonline.com/caisson-capital-partners-acquires-kansas-apartment-community-for-23-4m/ Fri, 24 Jul 2026 13:34:46 +0000 https://rebusinessonline.com/?p=461858 OVERLAND PARK, KAN. — Caisson Capital Partners has acquired Preston Court, a 181-unit multifamily community in Overland Park, for $23.4 million. The acquisition marks the firm’s first investment in metro Kansas City and increases its multifamily assets under management to more than $100 million. Built in 1968, Preston Court features units averaging 1,034 square feet. Amenities include a business center, clubhouse, fitness center, pool, picnic areas and pet-friendly spaces. Caisson acquired the property at a 6.3 percent cap rate utilizing fixed-rate Fannie Mae financing. Caisson plans to modernize apartment interiors while enhancing common areas, landscaping and signage. CBRE represented the seller, Price Brothers.

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Kansas City Chiefs Release Renderings for New $3B Stadium Set to Open in 2031 https://rebusinessonline.com/kansas-city-chiefs-release-renderings-for-new-3b-stadium-set-to-open-in-2031/ Thu, 23 Jul 2026 13:48:08 +0000 https://rebusinessonline.com/?p=461774 KANSAS CITY, KAN. — The Kansas City Chiefs have released initial concept renderings for the team’s new enclosed stadium set to open in Kansas City, Kan., in 2031. The Chiefs are still finalizing details, but the $3 billion stadium will hold 70,000 fans, feature a fully enclosed roof with translucent panels and include more than 20,000 parking spots. The Chiefs also announced the project team, which includes Kansas City-based MANICA as the lead design architect and Kansas City-based sports architecture firm HNTB as the architect of record. CAA ICON is serving as owner’s representative on the project. The stadium’s size, shape and roof geometry have been studied by audio engineers to maximize crowd noise. The stadium’s seating bowl is reminiscent of Arrowhead Stadium, the team’s current stadium. The new development will include a “Drum Deck” for pregame and in-game ceremonies as well as the “Chiefs Ring of Honor” above the bowl. The translucent panels on the roof will maximize visibility for military flyovers. Outside the stadium, fans will be able to visit the Lamar Hunt statue in a modern plaza, access a specially curated Chiefs Hall of Honor more than twice the size of its current space and peruse an…

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Merchants Capital Arranges $10.8M in Financing for Affordable Housing Development in Kansas https://rebusinessonline.com/merchants-capital-arranges-10-8m-in-financing-for-affordable-housing-development-in-kansas/ Mon, 13 Jul 2026 13:45:57 +0000 https://rebusinessonline.com/?p=460866 LAWRENCE, KAN. — Merchants Capital has arranged $10.8 million in permanent financing for Floret Hill, a 121-unit affordable housing development in Lawrence. Merchants Capital secured a Freddie Mac Unfunded Forward TEL loan for the project. The capital stack also includes federal and state low-income housing tax credit equity and hard and soft debt financing. The City of Lawrence donated 12 acres of land and committed more than $1 million in Affordable Housing Trust Funds to support the development. Floret Hill is the fourth project that Wheatland Investments Group is building in Lawrence and the first affordable housing community on the west side of the city, according to Merchants. Floret Hill will offer one-, two- and three-bedroom apartments across 11 buildings, with 37 units restricted to residents earning up to 40 percent of the area median income (AMI) and 84 units restricted to 60 percent AMI. Affordability will be maintained for 30 years via The Declaration of Land Use Restrictive Covenants for Low-Income Housing Tax Credits, a federal regulatory program with the Kansas Housing Resources Corp. Amenities will include garage parking, a business center, fitness room, clubhouse and playground.

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Movement Musick Unveils Plans for Downtown Grocery Store, Expanded Community Space in Wichita https://rebusinessonline.com/movement-musick-unveils-plans-for-downtown-grocery-store-expanded-community-space-in-wichita/ Fri, 10 Jul 2026 13:03:12 +0000 https://rebusinessonline.com/?p=460753 WICHITA, KAN. — Movement Musick has unveiled additional plans regarding its downtown Wichita development, including a new grocery store, expanded community gathering space and the project team. The planned 30,000-square-foot urban market concept is being developed in partnership with the Queen family, one of the founding owners of the Price Chopper brand. In addition to leading the capital investment for construction, Movement Musick has structured the partnership to support the store’s operations through its initial growth period. Movement Musick is evaluating a few locations for the store within a two-block radius of the adaptive reuse of the historic Shirkmere building and the new 3,000-seat music venue. The organization also announced the expansion of the planned community open space within the redevelopment project. The space is approximately 1 acre and is located both east and west of Emporia Avenue. In May, the nonprofit acquired the 75,903-square-foot Scottish Rite building, which was constructed between 1887 and 1888. Movement Musick is currently evaluating adaptive reuse strategies that allow for modern use while honoring the building’s historic character. Formal plans will be announced at a future date. The assembled project team includes Esen Development, TESSERE, Crossland Construction Co., Rockwell Group, Sasaki, HASTINGS Architecture, Fisher…

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Quilters HQ Relocates to 10,000 SF Store in Overland Park, Kansas https://rebusinessonline.com/quilters-hq-relocates-to-10000-sf-store-in-overland-park-kansas/ Tue, 07 Jul 2026 13:32:43 +0000 https://rebusinessonline.com/?p=460427 OVERLAND PARK, KAN. — Quilters HQ, a family-owned and operated quilt shop, has relocated from Olathe to 9012 Metcalf Ave. in Overland Park. Daniel Brocato of Block & Co. Inc. Realtors represented Quilters HQ in the sale of its original location at 16175 W. 135th St. in Olathe as well as the lease for its new 10,000-square-foot building in the Block & Co.-managed Glenwood Plaza Shopping Center in Overland Park. The store is now open. Starfish Project Foundation, a local aid organization, will soon occupy Quilters HQ’s previous location in Olathe. To facilitate the successful completion of the transaction, Brocato and Starfish Project representative Karla Johnson of Keller Williams both donated a portion of their commissions. Due to tight timeline restrictions, Starfish Project will reside in a temporary location within Block & Co.-managed Blackbob Corners Shopping Center in Olathe provided by Brocato and David Block. The nonprofit is expected to move into its permanent location within the next few months.

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Northmarq Arranges $14.3M Acquisition Loan for Kansas Multifamily Property https://rebusinessonline.com/northmarq-arranges-14-3m-acquisition-loan-for-kansas-multifamily-property/ Mon, 06 Jul 2026 13:51:33 +0000 https://rebusinessonline.com/?p=460325 LEAVENWORTH, KAN. — Northmarq has arranged a $14.3 million acquisition loan for Station Lofts, a 148-unit multifamily community in Leavenworth. Daniel Trebil and Logan McCarthy of Northmarq arranged the Freddie Mac loan on behalf of the borrower, Partner Apartments. The 10-year loan features a fixed interest rate. Originally built in 1926, Station Lofts has been repositioned to serve today’s renters. The loft-style units come in one-, two- and three-bedroom layouts.

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Woodhouse Spa to Open 6,840 SF Location at Northridge Plaza in Olathe, Kansas https://rebusinessonline.com/woodhouse-spa-to-open-6840-sf-location-at-northridge-plaza-in-olathe-kansas/ Mon, 29 Jun 2026 13:48:51 +0000 https://rebusinessonline.com/?p=459937 OLATHE, KAN. — Woodhouse Spa is set to open a new location at Northridge Plaza in Olathe. The day spa will occupy a 6,840-square-foot standalone building within the center for its second location in the Kansas City market. Northridge Plaza is home to Dick’s Sporting Goods, Aldi, Ross Dress for Less, U.S. Bank, Panera Bread, Chipotle and Hallmark Gold Crown. A local husband-and-wife franchise team will own and operate the Olathe Woodhouse Spa location. The spa is expected to open in September. Chad LaSala of NAI Heartland represented the tenant in the lease. Erin Johnston of Copaken Brooks represented the landlord on an internal basis.

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Demand for Logistics, Manufacturing Space Drives Wichita’s Pipeline of Projects https://rebusinessonline.com/demand-for-logistics-manufacturing-space-drives-wichitas-pipeline-of-projects/ Thu, 11 Jun 2026 12:39:00 +0000 https://rebusinessonline.com/?p=455550 By Grant Glasgow, SIOR, NAI Martens The industrial real estate market across the Wichita metropolitan statistical area (MSA) closed out 2025 with stable fundamentals, a healthy pipeline of projects and strong demand for large-format logistics and manufacturing space. Despite a modest increase in overall vacancy, the market continues to reflect the region’s strategic position as a logistics and manufacturing hub with lasting appeal to both regional users and national firms. Metrics point to equilibrium As of the fourth quarter of 2025, Wichita’s multi-tenant industrial inventory totaled approximately 43.6 million square feet across more than 1,300 buildings. The overall vacancy rate stood at 9 percent, a tick higher than the mid-year figure.  While this figure might suggest slack in the market, it is important to note that the rise in vacancy is primarily due to smaller-bay space turning over and the inclusion of buildings actively being marketed but not yet move-in ready, such as the Wichita Business Park redevelopment at the former Towne West Square Mall. For context, the vacancy rate for larger industrial buildings — those over 100,000 square feet — was just 2.8 percent, highlighting a persistent shortage of modern bulk space. Asking rents averaged $6.07 per square foot…

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Wichita Retail Activity Is Focused on High-Performing Corridors  https://rebusinessonline.com/wichita-retail-activity-is-focused-on-high-performing-corridors/ Thu, 04 Jun 2026 12:30:00 +0000 https://rebusinessonline.com/?p=455546 By Don Piros, CCIM, Landmark Commercial Real Estate Wichita’s retail and restaurant market is entering a new phase of evolution, marked by geographic concentration, steady suburban expansion and a wave of long-anticipated national brands entering the city. While overall demand remains stable, activity is increasingly focused in a handful of high-performing corridors, leaving older retail areas to repurpose or transition to new uses. Growth is concentrated in key corridors.  Retail momentum in Wichita is strongest on the city’s east and northwest sides. The east side, particularly along Rock Road (Bradley Fair, Towne East Square), Webb Road (The Waterfront) and Greenwich Road (Greenwich Place Shopping Center), continue to attract higher-end retailers and nationally recognized restaurant brands. Strong household incomes and established shopping patterns have made the corridor the most competitive in the region.  Meanwhile, northwest Wichita, especially along Maize Road and now Ridge Road, is emerging as the metro’s fastest growing suburban retail zone. Fueled by residential expansion and available land, the area has seen a steady influx of casual dining and quick-service restaurants and new strip retail developments.  These two areas now anchor much of Wichita’s leasing activity, with tenants prioritizing visibility, traffic counts and proximity to new housing.  In…

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Topeka’s Housing Market Builds Momentum as Demand Outpaces Supply https://rebusinessonline.com/topekas-housing-market-builds-momentum-as-demand-outpaces-supply/ Thu, 28 May 2026 12:30:00 +0000 https://rebusinessonline.com/?p=455542 By Bob Ross, Greater Topeka Chamber of Commerce The Topeka, Kansas, housing market continues to distinguish itself as one of the most competitive and resilient markets in the Midwest — offering a compelling case for developers seeking opportunity in a high-demand, undersupplied environment. New data from the Sunflower Association of Realtors underscores that strength. In February, the Topeka metropolitan area recorded 166 home sales, matching the pace from the same period last year, with total sales volume reaching $33.9 million. The median home price stood at $184,000 (compared with the national average of $360,591), while homes sold in an average of just 13 days (compared with the national average of 39 days) — an exceptionally fast turnaround compared with peer markets. Perhaps most notably, homes in Topeka sold for 100 percent of their list price and 98.7 percent of their original list price, a clear signal of strong buyer competition. By contrast, homes in the Greater Kansas City market took an average of 57 days to sell and closed at just 96.3 percent of original list price. Taken together, the data paints a clear picture: Demand in Topeka is not only strong — it is accelerating. Area employers frequently note…

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AU Construction Breaks Ground on 10 Union Lofts in Eudora, Kansas https://rebusinessonline.com/au-construction-breaks-ground-on-10-union-lofts-in-eudora-kansas/ Fri, 01 May 2026 13:01:00 +0000 https://rebusinessonline.com/?p=455746 EUDORA, KAN. — AU Construction has broken ground on 10 Union Lofts, a new 96-unit multifamily development in Eudora, a city in eastern Kansas. Developed by Alcove Development, the property will be situated along the K-10 corridor between Lawrence and metro Kansas City. Plans call for a mix of one-, two- and three-bedroom units. Leasing is anticipated to begin in 2027. Cornerstone Property Management will manage the community. Rosemann & Associates is the architect.

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Beale Infrastructure Unveils Plans for $3B Data Center Campus in De Soto, Kansas https://rebusinessonline.com/beale-infrastructure-unveils-plans-for-3b-data-center-campus-in-de-soto-kansas/ Thu, 30 Apr 2026 12:01:00 +0000 https://rebusinessonline.com/?p=455738 DE SOTO, KAN. — Beale Infrastructure, a San Francisco-based owner-operator of data centers and other tech infrastructural properties, has unveiled plans for Project Pilot, a $3 billion data center campus in De Soto, about 30 miles west of Kansas City. Construction of the first phase is set to begin in May. According to Beale, the project, which is ultimately planned to feature four buildings totaling approximately 1 million square feet, represents the first hyperscale data center to be announced in the state of Kansas. The company also stated that the project would add “hundreds” of construction jobs and 50 permanent operational roles to the local economy. Beale has partnered with local utility provider Evergy to provide power for the campus and facilitate infrastructural development. An end user was not announced, but Beale said that upon completion, the campus would “host a large technology company contracted via a long-term lease.” According to Data Center Dynamics (DCD), affiliates of Beale first purchased the 290-acre site last fall, around the same time that the City of De Soto approved construction. DCD also reports that the city “approved property tax and sales tax exemptions on up to $50 billion in industrial revenue bonds, which…

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Copaken Brooks Buys 98,000 SF Kansas Commerce Center in Lenexa https://rebusinessonline.com/copaken-brooks-buys-98000-sf-kansas-commerce-center-in-lenexa/ Mon, 27 Apr 2026 13:58:17 +0000 https://rebusinessonline.com/?p=455366 LENEXA, KAN. — Copaken Brooks has acquired Kansas Commerce Center, a nearly 98,000-square-foot mixed-use property in Lenexa. The firm will assume full responsibility for property management, accounting and leasing. Kansas Commerce Center is comprised of four buildings, including two multi-tenant flex properties offering a blend of office, showroom and warehouse space; a multi-tenant retail strip center; and a quick-service restaurant with drive-thru occupied by Abelardo’s Mexican Fresh. The property also includes an undeveloped pad site of approximately half an acre. The property is home to 18 tenants, including Wallaby’s Grill and Pub, Philips, DePuy Synthes, Neff Power, Social Security Administration, Apria and Amerita Specialty Infusion Services. Copaken Brook’s Kassie Murphy will oversee retail leasing, while Moly Crawford Munninghoff will handle office and light industrial leasing.

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Gantry Secures $73M Refinancing for Kansas Multifamily Property https://rebusinessonline.com/gantry-secures-73m-refinancing-for-kansas-multifamily-property/ Mon, 20 Apr 2026 13:38:50 +0000 https://rebusinessonline.com/?p=454825 LENEXA, KAN. — Gantry has secured a $73 million permanent loan to refinance Prairie Creek Apartments & Townhomes in Lenexa. The 425-unit apartment community features a mix of garden-style and townhome buildings with one-, two- and three-bedroom floor plans. Amenities include a clubhouse, media room, business center, fitness center, pool, sports court, car wash facility and playground. Gantry’s Mark Reichter and Alec Frook represented the borrower, a private real estate investor. The Fannie Mae loan features a fixed interest rate and a five-year term.

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Block & Co. Completes Lease-Up of Mission West Shopping Center in Kansas https://rebusinessonline.com/block-co-completes-lease-up-of-mission-west-shopping-center-in-kansas/ Thu, 16 Apr 2026 13:47:45 +0000 https://rebusinessonline.com/?p=454647 MISSION, KAN. — Block & Co. Inc. Realtors has completed the lease-up of Mission West Shopping Center in Mission. Recent deals with Atlas Autism Health, Levant Bakery and a golf simulation lounge completed the final phase of leasing at the property, which had more than 20,000 square feet of vacant space. Other tenants at the center include Planet Fitness, Dollar Tree, Rally House and Slim Chickens. The leasing team included Block & Co.’s Grant Summers, Paul Massali, Max Kosoglad and David Block.

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nbkc bank Acquires 127,000 SF Headquarters Building in Metro Kansas City https://rebusinessonline.com/nbkc-bank-acquires-127000-sf-headquarters-building-in-metro-kansas-city/ Thu, 09 Apr 2026 13:19:44 +0000 https://rebusinessonline.com/?p=454148 OVERLAND PARK, KAN. — nbkc bank has acquired a new headquarters building at 7400 W. 110th St. in Overland Park. The new headquarters will accommodate the majority of nbkc’s Kansas City-based employees and include a bank branch. The bank anticipates relocating staff to the building in 2027. nbkc has been headquartered at 8320 Ward Parkway in Kansas City since 2017. The building in Overland Park is roughly 127,000 square feet and was constructed in 1989. The bank will lease space to third-party tenants. Renovations are expected to commence soon and be substantially completed by the time nbkc employees move in. Bryan Johnson and Ed Elder of Colliers represented nbkc bank in its acquisition, and Ryan Biery and Reagan O’Toole of Colliers will handle future leasing.

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Sallee Breaks Ground on $69M Flint Trails Build-to-Rent Community in Gardner, Kansas https://rebusinessonline.com/sallee-breaks-ground-on-69m-flint-trails-build-to-rent-community-in-gardner-kansas/ Wed, 08 Apr 2026 13:45:15 +0000 https://rebusinessonline.com/?p=454066 GARDNER, KAN. — Sallee Development has broken ground on Flint Trails, a $69 million build-to-rent community in Gardner, about 30 miles south of Kansas City. The project will include two- and three-bedroom townhomes with attached garage options. Amenities will include a clubhouse, pool, pickleball court and onsite management and maintenance services. The project is being developed in partnership with CommunityAmerica Credit Union, which is providing financing support. The first units are planned for delivery in late 2027.

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Newmark Zimmer Brokers Sale of 468,255 SF Vacant Headquarters Campus in Kansas https://rebusinessonline.com/newmark-zimmer-brokers-sale-of-468255-sf-vacant-headquarters-campus-in-kansas/ Thu, 19 Mar 2026 13:38:47 +0000 https://rebusinessonline.com/?p=452732 NEW CENTURY, KAN. — Newmark Zimmer has brokered the sale of a corporate campus with two buildings totaling 468,255 square feet in New Century. New Century 202 LLC, an entity affiliated with Sky Real Estate, was the buyer. Tommy Gentry and Trey DeRousse of Newmark Zimmer represented the Johnson County Government in the transaction. Located within the New Century AirCenter business park, the campus was originally developed in the early 1980s as a headquarters facility. The property most recently served as a regional headquarters for CenturyLink before becoming vacant. The larger building totals 455,098 square feet, while the smaller building spans 13,157 square feet. Situated on 36 acres, the campus features a traditional corporate headquarters layout with expansive floor plates designed to support a large employee base. The property also includes extensive surface parking and infrastructure that historically supported telecommunications and data center operations. The buyer plans to evaluate a range of potential uses for the property and will conduct a comprehensive review of the campus to determine the highest and best use moving forward.

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MMG Brokers Sale of 300-Unit Multifamily Property in Overland Park, Kansas https://rebusinessonline.com/mmg-brokers-sale-of-300-unit-multifamily-property-in-overland-park-kansas/ Wed, 18 Mar 2026 13:25:31 +0000 https://rebusinessonline.com/?p=452616 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.

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