Osage Beach, Mo. — Sky Real Estate has acquired Osage Beach Outlet Marketplace, a 391,000-square-foot retail center located on a 60-acre parcel in Osage Beach. Tenants at the property include Polo Ralph Lauren, Under Armour, Bath & Body Works and LOFT. A subsidiary of Simon Property Group sold the center for an undisclosed price.
Kansas City, Mo. — The Cordish Companies has unveiled plans for a $10 million renovation of Kansas City Live!, an entertainment development within the city’s Power & Light District. The project will include updates to existing spaces, as well as the introduction of a new concept. Upgrades at the Kansas City Live! Block will include a new exterior canopy, the addition of ceiling heaters and misters to the open-air venue, new high-definition ribbon boards, enhanced theatrical lighting, expanded group seating areas, fresh landscaping and expanded bar access. Additionally, Pizza Bar will …
Harrisonville, Mo. — STRIVE has brokered the sale of Harrisonville Crossing, a 45,260-square-foot retail center located in Harrisonville. The property was 82 percent occupied at the time of sale. Hudson Lambert of STRIVE represented the seller, a California-based investor, and procured the buyer, a Pennsylvania-based investor, in the transaction.
Des Peres, Mo. — Cohen & Steers Income Opportunities REIT (CNSREIT) has acquired Des Peres Corners, a retail center located in Des Peres, in partnership with Phillips Edison & Co. (PECO) The acquisition was made through a programmatic joint venture that is 80 percent owned by CNSREIT and 20 percent owned by PECO. A 74,000-square-foot Schnucks anchors the property, which was built in 2009 and totals 121,000 square feet. The center was 90 percent occupied at the time of sale.
Dallas — Dallas-based food-and-beverage franchising company BRIX Holdings LLC has entered into an agreement with franchise owner Richard Stassi to open four new units in Arizona and Missouri. Stassi will open three Smoothie Factory + Kitchen and Red Mango co-branded shops within the next three years in metro Phoenix and Scottsdale, Arizona. The first of the units is scheduled to open in early 2025. Franchisee Gary Patel signed the fourth deal with Stassi and will open a Red Mango store in Kansas City, Missouri, in early 2025, marking the first entry …
Florissant, Mo. — Legacy Realty Group Advisors has brokered the $13.5 million sale of Grandview Plaza, a shopping center located in Florissant. Schnucks and Old Time Pottery anchor the property, which totals 297,257 square feet. Daniel Baruch, Jonah Warshaw and Ari Warshaw of Legacy represented the buyer in the transaction, and Chase Young and Mike Joyce of CBRE represented the seller.
Kansas City, Mo. — The Kansas City Current, a professional women’s soccer team famously part-owned by Brittany Mahomes, has unveiled plans for an $800 million mixed-use project on the Missouri riverfront in downtown Kansas City. The development follows completion of CPKC Stadium, a women’s soccer stadium that seats 11,500 people, in March. According to the project team, the $120 million venue is the first soccer stadium to be designed and built exclusively for women. Partners for the mixed-use project include Palmer Square Capital Management, Marquee Development and the Port Authority of …
Excelsior Springs, Mo. — Legacy Realty Group Advisors has brokered the $2.2 million sale of Truman Center, a shopping center located in Excelsior Springs. The property totals 21,000 square feet and is leased to tenants including Great Clips, Sally Beauty Supply and Cricket Wireless. Jonah Warshaw and Ari Warshaw of Legacy represented both the buyer and seller in the transaction.
Kansas and Missouri — Arkansas-based fast-casual brand Slim Chickens has signed a franchise deal for the development of 14 restaurants in Kansas and Missouri. Jeff McCoy of AP Restaurant Group, an established Slim Chickens franchisee with stores in Oklahoma and Kansas City, will own and operate the restaurants. Slim Chickens’ current footprint includes more than 250 locations in the U.S. and the U.K., with more than 1,200 restaurants in development.
St. Charles, Mo. — Off-price fashion and footwear retailer Gabe’s has signed a 76,000-square-foot lease at Mark Twain Village in St. Charles. First National Realty Partners (FNRP) is the owner of the property. Other tenants at the center include Bass Pro Shops, Duluth Trading Co., Dungarees and Aldi. The new lease brings the property to 97 percent occupancy.
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