Real Estate and Development
The global coronavirus outbreak hasn't hurt the strong U.S. labor market ... yet. Unemployment in February dropped slightly, to 3.5 percent from 3.6 percent in January, according to the U.S. Bureau of Labor Statistics. Meanwhile, national payrolls rose by 273,000…
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Local iconic hamburger chain Winstead's, which is in its 80th year of business, filed for Chapter 11 bankruptcy, along with its parent company Haddad Restaurant Group, late last month, and Kansas Bankruptcy Court proceedings are currently ongoing. Winstead's still currently…
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It's no secret that brick-and-mortar retail tenants are having problems these days with the closing of several Macy's stores, Forever 21 and other numerous large chains. But one segment of the space that seems to be what many in the…
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Last night during his state of the city address, Kansas City Mayor Quinton Lucas said that Blue Cross & Blue Shield of Kansas City is in the works to make a major contribution to the city's "Zero Fare Transit" initiative,…
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The Country Club Plaza looks like it will soon have new partial owner after being acquired as part of a 50-50 joint venture in 2016. That year, Raleigh, N.C.-based Highwoods Properties sold the open-air mixed-use complex for $660 million to…
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DEMDACO, a Leawood-based company that makes ornaments and other gifts that are sold online and through catalogs, is opening its first retail store, at the Legends Outlets, in Kansas City, Kan. The location will be just under 2,500 square feet,…
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Shawnee is about have a significant increase in warehouse and distribution-center space. Heartland Logistics Park, a two-million-square-foot industrial project over 182 acres, is expected to begin construction by the end of the current quarter at the intersection of Kansas Highway…
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Topeka-based Payless ShoeSource has emerged from Chapter 11 bankruptcy, and management is geared up for a comeback. In some ways, the retailer, which closed all of its 2,300 North American stores last year, never really went away. It operates 420…
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Seattle-based senior-housing advisory firm A Place For Mom recently signed a lease in The Campus, the new name of the former Sprint World Headquarters site, and its management plans to bring about 600 jobs to the area. CBRE is representing…
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Waddell & Reed has signed a lease to move its headquarters from Overland Park into a yet-to-be constructed building in Downtown Kansas City, and company management expects construction to start within two months. The plans, forecast for completion in 2022,…
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