Buyer: Block Sponsored Investment Group
Seller: Kansas City Center Retail Return, LLC
Size: 28.35 Acres
Price: $3.3MM
The multifamily site will be named WaterCrest at City Center. WaterCrest will be a planned, 306-unit luxury multifamily community located in Lenexa, Kansas. WaterCrest is planned as a two-phase, Class A+ multifamily development encompassing 552 unit in 11 apartment buildings and two clubhouses.
WaterCrest at City Center will be located on an infill site within the Lenexa City Center development, a 200-acre mixed master planned community located at the intersection of 87th Street and Renner Boulevard adjacent to I-435 in one of the Kansas City's fastest growing suburbs.
For more information on Commercial Real Estate Please contact:
Kenneth G. Block
Managing Principal
Block Real Estate Services
The luxury property that my real estate agent demonstrated was flawless, exceptional as new and overall great. We trust that the arrangement turns in our support! In spite of the fact that, market patterns there, are showing that the seller will be in better position.
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