{"id":1004785489,"date":"2026-01-28T05:58:25","date_gmt":"2026-01-28T13:58:25","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004785489"},"modified":"2026-01-29T07:29:51","modified_gmt":"2026-01-29T15:29:51","slug":"exclusive-georgetown-co-snaps-up-retail-center-for-52m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/exclusive-georgetown-co-snaps-up-retail-center-for-52m\/","title":{"rendered":"Exclusive: Georgetown Co. Snaps Up Retail Center for $52M"},"content":{"rendered":"\n<p><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/DFW-retail-center-in-Georgetown-Co-portfolio.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"480\" data-attachment-id=\"1004785518\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/dfw-retail-center-in-georgetown-co-portfolio-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/DFW-retail-center-in-Georgetown-Co-portfolio-edited.jpg\" data-orig-size=\"640,480\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9 Yardi Systems, Inc.&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"DFW retail center in Georgetown Co portfolio\" data-image-description=\"&lt;p&gt;Image courtesy of Yardi Matrix&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;The property is part of Georgetown Co.&#8217;s portfolio.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/DFW-retail-center-in-Georgetown-Co-portfolio-edited.jpg?w=640\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/DFW-retail-center-in-Georgetown-Co-portfolio-edited.jpg\" alt=\"Exterior shot of Waterside Residences Shopping, a 166,500-square-foot retail center in Fort Worth, Texas.\" class=\"wp-image-1004785518\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/DFW-retail-center-in-Georgetown-Co-portfolio-edited.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/DFW-retail-center-in-Georgetown-Co-portfolio-edited.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption class=\"wp-element-caption\">Georgetown Co.&#8217;s retail portfolio comprises assets in Illinois, Georgia, Ohio, Florida, New York and Texas. <em>Image courtesy of Yardi Matrix<\/em><\/figcaption><\/figure><\/div>\n\n\n<p>The Georgetown Co. has purchased Camelot Court Shopping Center, a 173,460-square-foot retail center in Leawood, Kan., according to Yardi Matrix. MD Management sold the asset for $52.4 million. <\/p>\n\n\n\n<p>Lending firm Nationwide issued a $36.7 million acquisition loan, which is scheduled to mature in January 2031.<\/p>\n\n\n\n<p>This is the first time the property changed hands since the former ownership developed it in 1990. Camelot Court comprises eight single-story buildings across a 24-acre site. Anchored by Hen House, the retail center features a tenant roster that includes CVS Pharmacy, Pizza Hut, McDonald\u2019s, Red Door Grill, Smoothie King and Harry\u2019s Liquor Store.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p><strong>READ ALSO:<\/strong> <a href=\"https:\/\/www.commercialsearch.com\/news\/icsc-special-report-upbeat-buzz-about-retail-plus-some-caveats\/\">Upbeat Buzz About Retail, Plus Some Caveats<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity has-very-light-gray-to-cyan-bluish-gray-gradient-background has-background is-style-wide\"\/>\n\n\n\n<p>Located at 11721 Roe Ave., Camelot Court is close to Interstate 435 and U.S. Route 71, which connect the property to downtown Kansas City, Mo., 19 miles north. The property is also within walking distance of three other retail assets, namely Hawthorne Plaza, Town Center Crossing and Town Center Plaza.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-kansas-city-s-retail-sector-sees-little-improvement\">Kansas City&#8217;s retail sector sees little improvement<\/h2>\n\n\n\n<p>Kansas City&#8217;s retail net absorption showed a slight improvement in the third quarter of 2025, a recent <a href=\"https:\/\/www.cushmanwakefield.com\/en\/united-states\/insights\/us-marketbeats\/us-shopping-center-marketbeat-report\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Cushman &amp; Wakefield report<\/a> shows. The metro&#8217;s net absorption clocked in at a negative 123,718 square feet, up 44 percent from the negative 222,079 square feet recorded in the second quarter.<\/p>\n\n\n\n<p>However, the retail vacancy rate remained above the national average, having increased 30 basis points to 6.3 percent in September. Back then, the national index averaged 5.8 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hen House anchors the Kansas City-area property. <\/p>\n","protected":false},"author":3619,"featured_media":1004785518,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,1592,13,21742,21749],"tags":[33583,39276],"class_list":["post-1004785489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-kansas-city","category-midwest","category-latest","category-retail","tag-nationwide-life-insurance-company","tag-the-georgetown-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exclusive: Georgetown Co. Snaps Up Retail Center for $52M - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"The Georgetown Co. has purchased Camelot Court Shopping Center, a 173,460-square-foot retail center in Leadwood, Kan., for $52.4 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/exclusive-georgetown-co-snaps-up-retail-center-for-52m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive: Georgetown Co. 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You may reach her at maria.maruta@cpe-mhn.com","url":"https:\/\/www.commercialsearch.com\/news\/author\/maria-maruta\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2026\/01\/DFW-retail-center-in-Georgetown-Co-portfolio-edited.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004785489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/3619"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004785489"}],"version-history":[{"count":9,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004785489\/revisions"}],"predecessor-version":[{"id":1004785912,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004785489\/revisions\/1004785912"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004785518"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004785489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004785489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004785489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}