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Lee’s Summit, Mo. — The Ranier Cos. has sold Summit Woods Crossing, a 545,204-square-foot open-air power center located in Lee’s Summit, roughly 20 miles southeast of Kansas City. CTO Realty Growth purchased the property for $103 million, or $189 per square foot. Lowe’s Home Improvement and Kohl’s anchor the center, which was nearly fully leased at the time of sale. Additional tenants at the property include Best Buy, Michaels, Petco, T.J. Maxx, Total Wine, Ulta Beauty, Old Navy and an on-site SuperTarget not included in the transaction. The Ranier Cos. originally acquired Summit Woods Crossing in 2022.