Wichita, Kan. — WS Development has formed a joint venture with Laham Development to acquire Bradley Fair in Wichita. The purchase price was not disclosed. Built in 1990, the 280,000-square-foot shopping center is home to more than 50 stores and restaurants, including Barnes & Noble, Sephora, Pottery Barn, Gap and soon-to-open Trader Joe’s. The property also features a lake, walking paths, gardens and community events. The seller was not disclosed.
Wichita, Kan. — Newmark Knight Frank (NKF) has brokered the sale of Towne West Square in Wichita for $14 million. The regional mall spans nearly 900,000 square feet and is situated on 46 acres at 4600 W. Kellogg Drive. It opened in 1980. Anchor tenants include Dick’s Sporting Goods, Dillard’s Clearance Center, JC Penney and Regal Cinemas. Shopping mall investment company Kohan Retail Investment Group purchased the asset. Kohan focuses on distressed properties with value-add opportunities. Thomas Dobrowski of NKF represented the seller. In February, ownership of the mall was …
Lee’s Summit, Mo. and Shawnee, Kan. — Hotworx, a high intensity isometric fitness concept, has signed two long-term leases in Lee’s Summit, Missouri, and Shawnee, Kansas. The Lee’s Summit location will be located at 1309 NE Douglas St. and span 1,900 square feet. The studio is scheduled to open this summer. In Shawnee, Hotworx will occupy a 2,000-square-foot space in a Bank of America-anchored strip center. The location is also expected to open this summer. Bill Maas and Daniel Brocato of Block & Co. Inc. Realtors represented Hotworx in the …
Lawrence, Kan. — Block & Co. Inc. Realtors has arranged the sale of an 83,217-square-foot retail center in Lawrence for an undisclosed price.
Overland Park, Kan. — PEBB Enterprises has purchased Pinnacle Village, a 126,909-square-foot shopping center in Overland Park, for an undisclosed price.
Lenexa, Kan. — Newmark Grubb Zimmer (NGZ) has arranged the sale of a 105,000-square-foot retail property occupied by Kohl’s in Lenexa.
Overland Park, Kan. — Price Brothers has unveiled plans for the next phase of Bluhawk, a $750 million, 277-acre mixed-use project in Overland Park.
Olathe, Kan. — Block & Co. Inc. Realtors has negotiated the sale of Rosebud Plaza Shopping Center in Olathe, Kansas, for an undisclosed price.
Salina, Kan. — Marcus & Millichap has arranged the sale of a Chick-fil-A ground lease in Salina, located in central Kansas, for $1.6 million.
Overland Park, Kan. — Lane4 Property Group has begun the demolition of the vacant Metcalf South Mall in Overland Park.
