LANE4 PROPERTY GROUP AND CTMT SET TO BEGIN RETAIL CENTER

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LANSING, KAN. — LANE4 Property Group and Colliers Turley Martin Tucker have announced plans to begin construction of a 218,000-square-foot shopping center in Lansing, by the end of the year. Located at Highway 7 and St. Mary St., Lansing Town Center will include a 100,000-square-foot anchor, up to three junior anchor retailers, and several small shops and outparcel retailers. Colliers Turley Martin Tucker was responsible for the land assemblage of the northern 21 acres at the site. Both LANE4 Property Group and Colliers are responsible for marketing the property. Completion of the first buildings for the project, which received Tax Increment Financing from the city of Lansing, is expected in the third quarter of 2009. The estimated cost of completion was not disclosed.

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