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Monday, January 7, 2019
Local group buys Lee's Summit shopping center


By: Brian Kaberline

Source: https://www.bizjournals.com/kansascity/news/2019/01/07/local-group-buys-lees-summit-shopping-center.html

A group of area investors bought a Lee’s Summit shopping center.

An investment group headed by Block & Co. Inc. bought the Valle Vista Shopping Center for an undisclosed price. The 44,330-square-foot center, located southwest of the intersection of Chipman Road and Missouri Highway 291, is fully occupied, according to a release. Tenants include IHOP, Ted’s Cafe Escondido and Vintage Stock.

Block Real Estate Services represented the seller, LS Valle Vista 2018 LLC, while David Block and Max DiCarlo of Block & Co. represented the buyers. Block & Co. will lease and manage the property.

Tags:    Retail Space   Block Real Estate Services   Retail commercial property   BRES