Faris Lee Investments, a leading retail investment sales firm, has sold Parkville Commons, a strong-performing 133,410-square-foot grocery neighborhood center serving the Parkville trade area. This investment offering presented an opportunity for investors to acquire a fully leased top-tier grocery-anchored center in one of Kansas City’s most popular communities.

The sale of Parkville Commons was facilitated by the team of Scott DeYoung, Don MacLellan, and Jeff Conover of Faris Lee Investments, and Owen Buckley, Weston Buckley, and Brandon Buckley with Lane 4 Property Group. The listing team made up of Faris Lee Investments’ capital markets expertise along with Lane 4’s local market knowledge proved to be critical for the success of this transaction.

Parkville Commons is home to a top-performing grocery store, Price Chopper, which has experienced strong sales volume over recent years.  The center’s strategic location in one of Kansas City’s most affluent and educated communities also contributed to this successful transaction.