Please reload

Kansas City retail center to make way for medical office

 

Block & Company, Inc. Realtors  — representing the property owners — sold 1.65 acres located at Metcalf 75 Shopping Center on the northwest corner of 75th Street & Metcalf Avenue in Overland Park, Kansas.

 

The land was purchased by an undisclosed buyer and will be used to build a 16,870 square foot new medical facility.

 

Metcalf 75 Shopping Center will be torn down and redeveloped to build the new medical facility. The shopping center was one of Block & Company's core leasing and management assignments from the 1970's.

David M. Block and Darren Siegel of Block & Company, Inc., Realtors negotiated the sale transaction on behalf of the seller and Cary Fox and Bill Shakelford of AREA Real Estate Advisors negotiated the transaction of behalf of the buyer.

The new 75th & Metcalf medical facility will be Block & Company's third location with this buyer. There are two other locations opening in the Kansas City Metro Area through Block & Company include one at the Plaza at Speedway in Kansas City, Kansas and one at the Village of Seville in Leawood, Kansas.

Darren Siegel, David M. Block, and Steve Caffey of Block & Company, Inc., Realtors also handled lease negotiations between the new buyer and the existing tenants to vacate the property.

Block & Company, Inc., Realtors was the long time the leasing and property management company for Metcalf 75 Shopping Center.

 

Share on Facebook
Share on Twitter
Please reload

Institutional investors slash CRE capital budget by 19%: Report

Ashford REIT invests in 'purification' tech to create allergy-free guestrooms

REIT to build $110M facility to house immigrants rounded up by Trump

Working in style: The corporate campus designed by Frank Lloyd Wright

Hard Rock unveils plans to revamp Trump's failed Atlantic City casino

Food tenants increasingly crucial for shopping centers: Report

Retailer Finer Fields aims to merge bricks and clicks

The Gents Place 'lifestyle club' muscling into new markets

1/2
Please reload

COMMERCIAL REAL ESTATE NEWS & CULTURE

  • White Facebook Icon
  • White Twitter Icon
  • White Instagram Icon
More from Squarefootprint
Further reading

ABOUT USCONTACT • ADVERTISE • ARCHIVE

© 2017 SQUAREFOOTPRINT

  • White Facebook Icon
  • White Twitter Icon
  • White Instagram Icon