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.
Kansas City, Mo. — Kansas City-based Chicken N Pickle has announced plans to open seven new locations by the first quarter of 2025. Plans include locations in St. Charles, Missouri; Allen, Texas; Fishers, Indiana; Henderson, Nevada; Webster, Texas; Thornton, Colorado; and Parker, Colorado. Chicken N Pickle outposts typically comprise 32,000 square feet and feature a restaurant, sports bar, pickleball courts and yard games. The new openings will nearly double the brand’s footprint, which currently includes eight locations.
Branson, Mo. — Marcus & Millichap has brokered the $9.1 million sale of Lakeside Shoppes at Branson Landing, a 30,763-square-foot retail strip center in Branson. Built in 2015, the property is located directly adjacent to Branson Landing, a $435 million waterfront development situated on 95 acres along the banks of Lake Taneycomo. Tenants at the center include Qdoba Mexican Grill, Tropical Smoothie Café, Cold Stone Creamery and Pappo’s Pizzeria & Pub. Chris Garavaglia, Alex Perez and Austin Sweet of Marcus & Millichap represented the seller, a limited liability company. The buyer …
San Diego — High Bluff Capital Partners will assume ownership of a portfolio comprising 81 Hardee’s locations following an auction. Located in Alabama, Florida, Georgia, Kansas, Missouri, Montana, South Carolina and Wyoming, the restaurants were previously owned by franchisee Summit Restaurant Group, which filed for Chapter 11 bankruptcy in May of this year. The transaction is expected to close in August. Dave Dixon will oversee operation of the restaurants. “High Bluff is the ideal partner to support our efforts…while making critical investments in restaurant remodels and other initiatives to boost traffic …
Chesterfield, Mo. — Keystone Construction Co. has completed Hub Stl, a $4 million outdoor entertainment space at The District of St. Louis in Chesterfield, roughly 20 miles outside St. Louis. The District is devoted to live music, food and beverage concepts and retail space. Construction on Hub Stl, which features a performance stage and viewing area with a 400-person capacity, began last fall. A large LED screen and sound and lighting system will be installed later this summer. The performance area will be encircled by local restaurants with patios, a brewery …
Kansas City, Mo. — IAS Partners has begun development of a 15,000-square-foot, multi-tenant retail and restaurant building at Metro North Crossing, a mixed-use project in Kansas City. The facility is located adjacent to the newly opened Hawaiian Bros Island Grill and Whataburger. Construction of the shell building is scheduled for December, with tenants expected to open in spring 2024. Metro North Crossing is also home to T-Shotz, a 52,000-square-foot golf entertainment venue.
Farmington, Mo. — Axiom Capital Corp. has arranged a $3 million fixed-rate permanent loan for the refinancing of a freestanding single-tenant retail building located in Farmington. Built in 2016, the property comprises a 51,373-square-foot building with 162 parking spaces on 3.9 acres.
Osage Beach, Mo. — SkyView Partners and Tegethoff Development, along with Fred Ross, owner of Big Thunder Marine, are set to begin construction this summer on Oasis at Lakeport in Osage Beach within Missouri’s Lake of the Ozarks. The $350 million family resort and entertainment district will span 25 acres. The development team most recently announced an agreement with Marriott International for the construction of a 400-room, full-service Marriott Hotels property as part of the project. The hotel, to be managed by Texas-based Aimbridge Hospitality, will feature a 26,000-square-foot conference …
