Kansas City
Kansas City Value-Add Play Kicks Off
A 372-unit multifamily community recently changed owners in the Show-Me State in a deal arranged by Berkadia.
Hines, Oaktree Venture Acquires Two Lenexa Development Totalling 1.67M SF
Hines recently announced that, in a partnership with a subsidiary of a real estate fund managed by Oaktree Capital Management L.P., it has acquired two Lenexa real estate developments: the Southlake Technology Park and Lenexa Industrial Park.
Noble Investment Group to Convert Q Hotel in Historic District to Marriott’s AC Hotel
Noble Investment Group recently announced the acquisition of the Q Hotel situated in the Historic Westport District of Kansas City, Missouri. The hotel is scheduled to undergo a thorough renovation and conversion in the scope of becoming one of the first AC Hotels by Marriott properties located in the United States.
Farmers Insurance Signs 10-Year Lease Extension for Olathe Office
Farmers Insurance recently announced, through The Kansas Department of Commerce, it has extended its lease for its national property claims division offices in Olathe.
Valencia Group Opens 132-Room Luxury Mediterranean-Style Hotel in Plaza Vista
Houston-based Valencia Group recently announced the grand opening of Hotel Sorella Country Club Plaza. The luxury hotel is situated in Kansas City’s premier shopping district and is the last piece of the puzzle, completing the Plaza Vista development. The hotel has a Mediterranean inspiration and a modern design, paying homage to the Spanish Seville influence of the Country Club Plaza.
Monmouth Real Estate Investment Acquires 280,000 SF Industrial Building
Monmouth Real Estate Investment Corporation recently announced the acquisition of an industrial building in Edwardsville, Kansas.
Two Projects Highlight Metro Kansas City Industrial Growth
The Kansas side of the Kansas City metro area is enjoying a surge of industrial activity, with the significant steps forward on two sizable projects.
Northmarq Capital LLC Arranges $29M in Financing for Two MF Properties
Bloomington, Minnesota-based Northmarq Capital LLC recently announced that Senior Vice President and Managing Director of the company’s Kansas City regional office, Greg Duvall, has arranged $29 million in financing for two multifamily properties: 302 Cabana Boulevard in Panama City, Florida and Waterford Place Apartments in Overland Park, Kansas.
Lenexa City Council Approves 203-Unit Apartment Project in Lenexa City Center
The City of Lenexa recently announced the addition of The Domain at City Center as part of their growing vision for the Lenexa City Center. The Lenexa City Council at their recent meeting gave preliminary plan approval for this new 203-unit luxury apartment building.
Mazuma Credit Union Invests $15.9M in New Corporate Headquarters
Mazuma Credit Union has broken ground on its new corporate headquarters in the Shoppes at Deer Creek Woods on the northwest corner of 135th Street and Metcalf Avenue in Overland Park, Kansas.