A group of local investors headed by David Block, President of Block & Company, Inc., Realtors in Kansas City, Missouri, purchased the Shoppes at Shoal Creek from Pine Tree Development.
The approximately 100,000-square-foot shopping center is located on the northwest quadrant of I-35 and 152 Highway in Kansas City, Missouri, across the highway from Liberty, Missouri.
Shoppes at Shoal Creek is 100% leased. Tenants include Best Buy, Lukas Liquors, La-Z-Boy, Chipotle, America’s Best and many others.
Block & Company originally handled the acquisition and development of the Shoppes at Shoal Creek in 2014 before selling the property to Pine Tree Development. Block has developed three power centers at this intersection, including Wilshire Plaza, Plaza at Shoal Creek and Shoppes at Shoal Creek.
David M. Block of Block & Company, Inc., Realtors negotiated the transaction on behalf of the buyers and CBRE represented the seller. Block & Company will handle the leasing and property management of the center.
