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Real Estate and Development


QTS Realty Trust Leases Space at New Century Commerce Center

Posted March 18, 2025 VanTrust Real Estate announced that, following a lease agreement with QTS Realty Trust, it has fully leased one of its buildings at New Century Commerce Center. QTS will occupy 756,571 square feet of the New Century… more

Investment Firms Partner to Acquire 2.4M SF of Industrial Space in KC Metro

Posted March 17, 2025 Real estate investment firm, Arch Street Capital Advisors has acquired a 2.4 million square foot of industrial space in the Kansas City metro area. Arch Street Capital Advisors purchased four Class A industrial properties at the… more

Parade Park Homes Receives $300M Funding Ordinance

Posted March 10, 2025 The City Council announced it has approved a $300 million funding package for the Parade Park Homes redevelopment. The project will revitalize the community near 18th and Vine into a mixed-income neighborhood with over 1,000 affordable… more

Shawnee City Council to Review 62-Home Project Later This Month

Posted March 5, 2025 Prieb Homes Inc. is seeking to construct a 62-lot single-family residential area in western Shawnee, 20 years after an initial project for the site was abandoned. The Olathe-based home builder plans to construct the new development… more

Developer to Renovate 100-Year-Old Building, Add New Shopping Center in Olathe

Posted February 28, 2025 LANE4 Property Group and the City of Olathe have announced a partnership to develop a restaurant project in downtown Olathe. Austin’s Bar and Grill, which occupies a 100 year-old-building, will be renovated and add two rooftop… more

Report: KCMO Home Prices Surge by 46% Since Pandemic

Posted February 27, 2025 Five years following the pandemic the price of homes across the nation has grown more than a decade’s worth. A new report from Zillow published Thursday found home values in the U.S. increased 45% since the… more

Philadelphia Company Completes Purchase of Industrial Property in Lenexa

Posted February 26, 2025 Philadelphia-based Alterra IOS has acquired 16 industrial outdoor storage facilities from TruGreen, including its 15,200 square food facility in Lenexa, Kansas. Alterra announced the acquisition of 16 locations totaling 34.8 usable acres from the lawncare service… more

Echo Global Logistics Moves Into New Overland Park Office

Posted February 25, 2025 Echo Global Logistics, Inc. has officially opened its new office in Overland Park, transferring its workforce of around 50 local employees. The Chicago-based technology-enabled transportation and supply chain management service provider is moving into its new… more

Lee’s Summit Shopping Center Sells for $11.6M

Posted February 24, 2025 North Carolina-based private equity real estate firm Prudent Growth Partners has purchased Douglas Square, a more than 59,000-square-foot shopping center in Lee's Summit. The purchase was completed for $11.6 million, according to a release. Built in… more

Historic 18th & Vine District to Add 470-space Parking Facility

Posted February 20, 2025 The City of Kansas City, Missouri, and Grayson Capital have partnered to develop a state-of-the-art parking facility in the heart of the historic 18th & Vine District. The project aims to enhance infrastructure and accessibility while… more