CRE X Missouri
Tina Chace;Lee’s Summit EDC

Lee's Summit EDC makes key promotion

The Lee’s Summit Economic Development Council (LSEDC) in Lee’s Summit, Missouri, has promoted Tina Chace to the newly created position of director of business development. In her new role, Chace will lead LSEDC’s business retention and workforce development efforts and oversee investor relations for the organization.

CRE X Missouri
$31 million bond sale paves way for Paragon Star development in Missouri

$31 million bond sale paves way for Paragon Star development in Missouri

Paragon Star LLC and the I-470 Western Gateway Transportation Development District have announced the sale of $31.094 million in transportation sales tax revenue bonds to finance construction of new transportation-related improvements in and around the Paragon Star sports and recreation project at the northeast quadrant of Interstate 470 and View High Drive in Lee’s Summit, Missouri.

CRE X Missouri
Kansas City's Hunt Midwest enters self-storage business

Kansas City's Hunt Midwest enters self-storage business

Hunt Midwest Real Estate Development has expanded into the self-storage sector with the development of four climate-controlled self-storage facilities in the Kansas City metropolitan area. The facilities are all branded with the StorTropolis name. Two of the four locations have opened in the last quarter.

Retail X Missouri
Rainier buys 308,000-square-foot power center in Kansas City market

Rainier buys 308,000-square-foot power center in Kansas City market

Rainier Realty Investments LP acquired the 308,200-square-foot Truman’s Marketplace, a Class-A regional retail power center in the Kansas City, Missouri, MSA. The 98-percent occupied property includes a roster of national retailers including Ross Dress for Less, TJ Maxx, Burlington Coat Factory, Petco and Price Chopper, which has been at this location for more than 30 years.