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Baceline Investments sells 37,000-square-foot retail center in Kansas


Baceline Investments, LLC, a boutique private equity real estate investment and management company, recently acquired Piper Plaza, a 37,624-square-foot neighborhood shopping center in Kansas City, Kansas. The firm also completed the sale of Madison ...


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Baceline Investments sells 37,000-square-foot retail center in Kansas // var json = jQuery.getJSON("/CMSScripts/Custom/ads.js", adMove); function adMove(json) { if( $(window).width() > 1100 ) { $('main').removeClass('mobile-ads'); if ( !$('main').hasClass('desktop-ads') ){ $('.slot.desktop').each(function(index){ var number = index + 1; var slotNumber = eval("json.slot" + number); $('.desktop.slot-' + (index + 1)).append(slotNumber); }); $('main').addClass('desktop-ads'); } } else { $('main').removeClass('desktop-ads'); if ( !$('main').hasClass('mobile-ads') ){ $('.slot.mobile').each(function(index){ var number = index + 1; var slotNumber = eval("json.slot" + number); $('.mobile.slot-' + (index + 1)).append(slotNumber); }); $('main').addClass('mobile-ads'); } } } $(window).resize(function(){ var json = jQuery.getJSON("/CMSScripts/Custom/ads.js", adMove); function adMove(json) { if( $(window).width() > 1100 ) { $('main').removeClass('mobile-ads'); if ( !$('main').hasClass('desktop-ads') ){ $('.slot.desktop').each(function(index){ var number = index + 1; var slotNumber = eval("json.slot" + number); $('.desktop.slot-' + (index + 1)).append(slotNumber); }); $('.slot.mobile').empty(); $('main').addClass('desktop-ads'); } } else { $('main').removeClass('desktop-ads'); if ( !$('main').hasClass('mobile-ads') ){ $('.slot.mobile').each(function(index){ var number = index + 1; var slotNumber = eval("json.slot" + number); $('.mobile.slot-' + (index + 1)).append(slotNumber); }); $('.slot.desktop').empty(); $('main').addClass('mobile-ads'); } } } }) // The Midwest’s leading source for commercial real estate news. Directories Sector FinanceHealthcareHospitalityIndustrialLegalMultifamilyNet LeaseOfficeRetailSeniors HousingStudent Housing Market NIllinoisOIndianaLIowaPKansasQKentuckyVMichiganWMinnesotaXMissouricNebraskaiOhiobN DakotaoS DakotapTennesseevWisconsin Events Jan 17 16th Annual CRE Forecast Conference Hyatt Regency Chicago Grand Ballroom 155 EWacker Drive Chicago, IL Mar 08 9th Annual Chicagoland Apartment / Multifamily Summit Montgomery Club 500 WSuperior Street Chicago, IL View All Events Retail P Kansas Baceline Investments sells 37,000-square-foot retail center in Kansas January 15, 2018 | Staff Writer    Baceline Investments, LLC, a boutique private equity real estate investment and management company, recently acquired Piper Plaza, a 37,624-square-foot neighborhood shopping center in Kansas City, Kansas.The firm also completed the sale of Madison & Edgewood Shoppes, a 48,716-square-foot retail center in Indianapolis, acquired in January of 2015.Located at 10940 Parallel Parkway, Piper Plaza is an everyday goods and services shopping center currently 97-percent leasedNotable tenants include Quest Diagnostics, Piper Family Dentistry, The UPS Store and Danny’s Bar & GrillBaceline purchased the property for $6.3 million from a Kansas City-based investment group.Madison & Edgewood Shoppes, acquired by Baceline for $2.5 million, was sold last month to a New York-based investor for $4.3 million after 35 months of ownershipBaceline’s management of the property during that time improved the overall mix of business tenants and saw occupancy grow 26 percentThe retail center is located at 5855 Madison Ave. tagsIndianaKansasretailKansas CityIndianapolisBaceline Investments    About Us Directories Subscribe Contact Us Corporate Site Advertise With Us

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