Kansas

Overland Park, Kan. — LANE4 Property Group has purchased Hawthorne Plaza, a retail center comprising 135,000 square feet at the southwest corner of 119th 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 …

Lawrence, Kan. — Quantum Real Estate Advisors Inc. has arranged the $3.5 million sale of a multi-tenant retail strip center located in Lawrence. Jersey Mike’s, which recently signed a new 10-year lease, anchors the property. Zack Hilgendorf of Quantum represented the undisclosed buyer. The property sold to a family office based in Wichita.

Overland Park, Kan. — PEBB Enterprises and Contrarian Capital Management have sold the Pinnacle Village shopping center in the Kansas City suburb of Overland Park for $16.8 million. Cherry Hill Properties was the buyer. PEBB and Contrarian purchased Pinnacle Village in May 2018 and enhanced the 108,729-square-foot center through leasing activity and property improvements. DSW and Michaels are anchor tenants at the property, which was 90 percent leased at the time of sale. Additional tenants include Firehouse Subs, Goldfish Swim School and First Watch. Evan Halkias and Jeffrey Benz of …

Kansas City, Kan. — In a sale-leaseback transaction, MAG Capital Partners LLC has acquired a 30,000-square-foot retail building occupied by Frontier Justice in Kansas City. Frontier Justice, a retail destination founded in 2015 by Mike and Bren Brown, offers firing ranges, a café and an exclusive fashion boutique that sells a variety of men’s and women’s apparel, jewelry and home décor. Judd Dunning of DWG Capital Group arranged debt financing for MAG Capital Partners, which is led by Dax Mitchell and Andrew Gi.

Wichita, Kan. — SVN | Chicago Commercial has brokered the $4.4 million sale of a 15,120-square-foot retail property occupied by Walgreens in Wichita. The net-leased property is located at 333 W. 13th St. Tim Franz of SVN represented the undisclosed seller. A California-based private equity group was the buyer.