Kansas
Interest Increase Unsurprising . . . And of Little Concern
The Federal Open Market Committee bumped the federal funds interest rate up 0.25% on March 15. Few were surprised. Nor… Read more
Ottawa University Developing $20M Campus
Ottawa University will open a 35-acre campus in fall 2017, consisting of residential halls and varsity men’s and women’s sports… Read more
Deli Deal Yields Tasty Results
McAlister’s Deli, located at 5001 Cowhorn Creek Rd. in Texarkana, TX, sold for $2.1 million. Michael Paez with the Kase… Read more
$18M Loan Obtained for Kansas Apartments
An undisclosed owner of the 240-unit Dunes at Saint Andrews in Overland Park, KS, has secured financing to the tune… Read more
$92M Refi Secured for 592-Key Hotel Portfolio
Sonnenblick-Eichner Co. secured $92 million in first-mortgage debt to refinance a 592-room portfolio owned by Lodgeworks Partners LP in Wichita,… Read more
Wendy Mann Named CEO of CREW Network
Association management veteran Wendy Mann has been named chief executive officer of Commercial Real Estate Women (CREW) Network, and president… Read more
Capital Bank Opens in West El Paso
Capital Bank opened a new branch on El Paso’s west side, replacing one it had closed several months ago, at… Read more
CrossFirst to Open Office at McKinney & Olive
CrossFirst Bank, headquartered in Kansas City, KS, will open its first Texas office at Crescent Real Estate Holdings LLC’s McKinney… Read more
HFF Arranges $55.6M Sale, $39M Loan for Brea Office Portfolio
Holliday Fenoglio Fowler, L.P. (HFF) closed the $55.6-million sale of Brea Corporate Plaza and Brea Park Centre, as well as… Read more
Schlitterbahn Founder Bob Henry Dies
Bob Henry, founder of Schlitterbahn water parks, died at his home in New Braunfels, TX, following a long illness. He… Read more
El Dorado Mobility Plans Move to Longview
REV Group Inc., the $2 billion parent company of 26 vehicle manufacturers serving commercial, emergency and recreation markets, announced it… Read more
BRT Snags Second MS Multifamily for $38M
BRT Realty Trust acquired its second multifamily property in Southaven, MS, a suburb of Memphis, TN. The New York REIT… Read more
Monmouth RE Spends $32M on KS FedEx DC
Monmouth Real Estate Investment Corp. paid $31.7 million to Jones Development. In return, the New Jersey buyer received a new,… Read more
Triumph Group Plans 150K-SF KC Relocation
Triumph Group Inc., headquartered in Berwyn, PA, will relocate its Kansas City-area operations from Grandview, MO to a build-to-suit in… Read more
Virgin Mobile Selects Kansas City for New HQ
Virgin Mobile USA announced it has selected Kansas City, MO, for its new headquarters. The cell phone carrier will be… Read more
Amazon Targets KC Yet Again with 855K-SF Fulfillment Center
Amazon Inc. is developing an 855,000-square-foot fulfillment center in Kansas City, KS; the retail giant’s second in the metro this year. Construction… Read more
BIGGER Boxes Are Making Some Noise
Connect Retail is our weekly column on the sector, authored by veteran CRE writer Ian Ritter. There has been a… Read more
First Colorado Senior Cooperative Planned
Real Estate Equities Development LLC unveiled plans for its next Village Cooperative project, the first owner-occupied senior housing cooperative to… Read more
First Senior Housing Co-op Opens in Kansas City Metro
Village Cooperative of Shawnee, a senior-housing cooperative, has opened; the first such project to do so in the Kansas City,… Read more