RETAIL CENTER SELLS FOR $3.65 MILLION IN KANSAS

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MCPHERSON, KAN. — Oklahoma City-based MCPHSN LLC has completed the disposition of Plaza East Shopping Center in McPherson. Located at 2210 E. Kansas Ave., the 72,329-square-foot retail center was purchased by New York-based Cedar Hill Realty LLC for $3.65 million. The property is currently occupied by Hibbett Sports, Orscheln Farm & Home and Hutchinson Community College. Jason Little and Daniel Morris of Canopy Commercial | Auction, along with Gib Kerr of Sperry Van Ness | Gibson Kerr Company, represented the seller; Little also represented the buyer in the transaction. Mary Gardner and Michelle Roberts of Lawyers Title Company's Oklahoma City office provided title and escrow services for the transaction. Acquisition financing was provided by Bryan Geiger of Bank of Oklahoma NA.

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