Kansas

Café, Juicery Sign Leases at $49M Apartment Project in Overland Park, Kansas

by Kristin Harlow August 31, 2018

OVERLAND PARK, KAN. — Parisi Café and Evolve Juicery & Kitchen have signed leases to occupy a combined 4,135 square feet of ground-level retail space at The Vue in Overland Park. Hunt Midwest is developing the $49 million apartment project. Parisi will occupy 2,293 square feet, including a 400-square-foot outdoor patio. Upon opening in early 2019, the café will serve espresso and coffee drinks, pastries, sandwiches and soups. This is the brand’s second location in metro Kansas City. Evolve will offer a selection of freshly prepared meals, side dishes and organic juices in its 1,842-square-foot space. The Vue will include 219 apartment units above 8,650 square feet. Residents are scheduled to begin moving into the property in December.

August 31, 2018

Acquisitions Kansas Midwest Retail

PEBB Enterprises Buys 126,909 SF Shopping Center in Overland Park, Kansas

by Kristin Harlow August 30, 2018

OVERLAND PARK, KAN. — PEBB Enterprises has purchased Pinnacle Village in Overland Park for an undisclosed price. The 126,909-square-foot shopping center is located at the intersection of Blue Valley Parkway and W. 119th Street. The property is currently 74 percent occupied by tenants such as DSW and Michaels. PEBB purchased the asset by acquiring the non-performing loan and foreclosing on the underlying collateral.

August 30, 2018

Kansas Loans Midwest Multifamily

Cohen Financial Arranges $10.4M Refinancing for Workforce Housing Property in Olathe, Kansas

by Kristin Harlow August 21, 2018

OLATHE, KAN. — Cohen Financial, a division of SunTrust Bank, has arranged a $10.4 million Fannie Mae loan for the refinancing of Oak Ridge Apartments in Olathe. The 194-unit workforce housing property is fully leased. Cathy Bronkema of Cohen arranged the fixed-rate loan, which features a 15-year term and a 30-year amortization schedule. The borrower was not disclosed.

August 21, 2018

Kansas Loans Midwest Multifamily

Dougherty Provides $3.4M Fannie Mae Loan for Refinancing of Multifamily Property in Lawrence, Kansas

by Kristin Harlow August 3, 2018

LAWRENCE, KAN. — Dougherty Mortgage has provided a $3.4 million Fannie Mae loan for the refinancing of Rohan Ridge Apartments in Lawrence. The 72-unit multifamily property features one-, two- and three-bedroom units as well as a swimming pool and playground. The 10-year loan features a 30-year amortization schedule. Wenson-Bear Creek Westgate LLC was the borrower.

August 3, 2018

Development Kansas Midwest Mixed-Use

Opus, OPRE Break Ground on 125,000 SF Mixed-Use Project in Overland Park, Kansas

by Kristin Harlow July 27, 2018

OVERLAND PARK, KAN. — The Opus Group and OPRE have broken ground on Edison District, a 125,000-square-foot mixed-use project in Overland Park. The five-story building is slated for completion in fall 2019. The property will feature office space in addition to a first-floor food hall and bar area. Coworking spaces will occupy the second floor and speculative office space will take up the remaining floors. Edison District will also include an outdoor event plaza. Tim Barton is the developer, with Opus Development Co. providing development support services. Opus Design Build is the builder and Opus AE Group is the interior designer, architect and structural engineer of record. AREA Real Estate Advisors will market the speculative office space for lease.

July 27, 2018

Acquisitions Industrial Kansas Midwest

Colliers Brokers Sale of 119,920 SF Industrial Building in Lenexa, Kansas

by Kristin Harlow June 20, 2018

LENEXA, KAN. — Colliers International has brokered the sale of a 119,920-square-foot industrial building in Lenexa for an undisclosed price. The property is located at 16002 W. 110th St. John Stafford of Colliers represented the seller, Himoinsa Power Systems Inc. NT Realty represented the buyer, 110th Street Lenexa LLC.

June 20, 2018

Kansas Leasing Activity Midwest Restaurant Retail

Taqueria Signs Lease to Open Second Location in Metro Kansas City

by Kristin Harlow June 19, 2018

LENEXA, KAN. — Rudy’s Tenampa Taqueria has signed a lease to open its second location at 8710 Lackman Road in Lenexa. The Mexican restaurant will occupy 4,678 square feet at Country Hill Shopping Center. Other tenants at the property include Rimann Liquors, Ace Hardware, Panera Bread and Sherwin Williams. The original Rudy’s opened in Kansas City in 1993. The opening for the new restaurant is scheduled for mid-August. David Block and Rob Epstein of Block & Co. Inc. Realtors negotiated the lease transaction. Block & Co. is the leasing and property management company for the shopping center.

June 19, 2018

Acquisitions Kansas Midwest Retail

Block & Co. Brokers $1.1M Sale of Gas Station, Convenience Store in Stilwell, Kansas

by Kristin Harlow June 4, 2018

STILWELL, KAN. — Block & Co. Inc. Realtors has brokered the $1.1 million sale of a 2,887-square-foot gas station and convenience store net leased to Shell in Stilwell, about 30 miles south of Kansas City. The property is located on a 2.4-acre lot at 7770 W. 199th St. David Block and Daniel Brocato of Block & Co. represented the seller, 8386 Blackburn Partners LLC. Arshad Mahmood purchased the asset.

June 4, 2018

Acquisitions Hospitality Kansas Midwest

Hunter Hotel Advisors Arranges Sale of 147-Room Hotel in Kansas City, Kansas

by Kristin Harlow May 31, 2018

KANSAS CITY, KAN. — Hunter Hotel Advisors has arranged the sale of the 147-room Hilton Garden Inn in Kansas City for an undisclosed price. Peachtree Hotel Group purchased the hotel from Fairwood Capital. The property is located next door to the Reardon Convention Center and offers more than 1,375 square feet of meeting and event space. David Perrin of Hunter Hotel Advisors brokered the transaction.

May 31, 2018

Industrial Kansas Leasing Activity Midwest

Coleman Signs 1.1 MSF Industrial Lease Renewal in Gardner, Kansas

by Kristin Harlow May 25, 2018

GARDNER, KAN. — The Coleman Company Inc. has signed a 1.1 million-square-foot industrial lease renewal in Gardner, about 30 miles southwest of Kansas City. The property is situated on 25 acres at 17150 Mercury St. Built in 2009 as part of the Midwest Commerce Center, the warehouse features a clear height of 32 feet, 100 dock doors and parking for 300 trailers. Mark Long and John Hassler of Newmark Grubb Zimmer represented the owner, Gramercy Property Trust Inc., in the lease transaction. Coleman is an outdoor camping gear and equipment company.

May 25, 2018

Newer Posts

Older Posts

Upcoming Events

Dec
04