LANE4 Acquires 135,000-Square-Foot Retail Center in Metro Kansas City

Overland Park, Kan. — LANE4 Property Group has purchased Hawthorne Plaza, a retail center comprising 135,000 square feet at the southwest corner of 119^th St. and Roe Ave. in Overland Park, approximately 10 miles south of Kansas City. CBRE represented the seller, Invesco, in the transaction. Developed in 1990 and renovated in 2015, the property was 96 percent occupied at the time of sale by tenants including The Container Store, Jos A. Bank and The Mixx. Tom O’Leary and Weston Buckley of LANE4 will handle leasing of the property. LANE4 will also provide in-house management of the center.