Local News

Experiential Real Estate Pays Off for EPR

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… more

DFA Purchasing Dean Foods for $425M

Dairy Farmers of America, the largest private company by revenue based in the Kansas City area, is buying Dallas-based Dean Foods, which filed for Chapter 11 bankruptcy last year, for $425 million.  The deal would give DFA 44 of Dean's… more

Blue KC Assisting Free City Transit Efforts

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,… more

The New T-Mobile Is Here

A federal judge has ruled that the long-awaited $26-billion merger between Sprint and T-Mobile is good to go. Several states had filed an anti-trust lawsuit against the deal, which was the last step in the merger of Overland Park-based Sprint… more

Country Club Plaza Ownership Changing Hands … Again

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… more

DEMDACO Moves Into the Brick-and-Mortar Space

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,… more

MMGY Making the Move to Kansas

For an advertising/marketing agency, what business address could be more impressive than Madison Avenue? Overland Park, it seems. That's the new destination for longtime Kansas City company MMGY Global, which claims the mantle of the world’s largest integrated marketing company… more

Massive Shawnee Industrial Park Breaking Ground Soon

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… more

Will Payless ShoeSource Make a Comeback?

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… more

Senior Housing Advisory Firm Heads to Former Sprint Campus

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… more