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Chicago & Midwest  + Midwest  + Retail  | 

Hanley Arranges Two QSR Sales at KC-Area Shopping Center

Hanley Investment Group Real Estate Advisors arranged the sale of two newly-constructed retail investments occupied by Taco Bell and Scooter’s Coffee on an outparcel in front of a grocery-anchored shopping center in the Kansas City metro area. The sale price for the two freestanding buildings in Lee’s Summit, MO was $3,338,000.

EVPs Jeff Lefko and Bill Asher and senior associate Beau Velten, alongside Jeff Christian with First Street Brokerage, represented the seller, a San Francisco Bay Area-based private investment company. The buyer was a private investor from Battle Ground, WA, represented by Deborah Ewing of Fuller Group CRE of Vancouver, WA.

Despite the challenges of the COVID-19 pandemic, this sale marks Hanley’s fifth retail transaction in Missouri and its 26th Midwest retail sale this year. Lefko said, “This property represented a rare opportunity to purchase two quick-serve restaurants on one parcel with little to no landlord responsibilities.” 

For comments, questions or concerns, please contact Paul Bubny

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Connect With Hanley’s LefkoConnect With Hanley’s AsherConnect With First Street’s Christian

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Sale/Acquisition
  • ◦Lease
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