Invesco Real Estate recently selected CB Richard Ellis as the service provider to oversee property management services for two of the company’s assets in Johnson County, Kansas: Hawthorne Plaza, a 145,000-square-foot retail center located in Overland Park, Kan., and Cross Roads Industrial, a 175,000-square-foot distribution center located in Lenexa, Kan.
These new assignments are a significant addition to CBRE’s existing Invesco management portfolio, which consist of four industrial buildings in Lackman Business Park in Lenexa. CBRE will now be responsible for managing more than 740,000 square feet of industrial and retail property for Invesco in the Kansas City region.
Brad Ashley, senior real estate manager for CBRE, is responsible for the Invesco industrial portfolio.
Kelly Masten will be joining CBRE as a senior real estate manager, and will head CBRE’s Hawthorne management team.