Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.

Monday, June 16, 2014

BRES' Deal of the Week - 160 Acre Land Development

Bruce Johnson and Kenneth G. Block of Block Real Estate Services, LLC (BRES) closed on the sale of a 160 acres of land.  Bruce and Ken both represented a lender in this disposition of the 160 acres of land at 175th and Lackman in Olathe, Kansas.
175th & Lackman Land Olathe Kansas

Details of the Deal:

 175th street and Lackman in Olathe, Kansas
Acres: 160 Acres
Seller: Undisclosed
Buyer:  Undisclosed
Sale Price: $2.5M

More Details of the Land:
The property is zoned for single family development and the other half is slated for commercial and multifamily development.  The undisclosed buyer doesn't have immediate plans for the use of the property. This property is located directly adjacent to Heritage Park in Olathe, Kansas, which is loaded with picnic shelters, off leash dog park, marina, athletic fields, and an 18-hole golf course - click here for more details on the park!

For more information on Commercial Real Estate contact:

Bruce Johnson
Vice President
Block Real Estate Services

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