Colliers Kansas City recently brokered the sale of Park Plaza I & II, a 41,534-square-foot inline retail center in Blue Springs, Missouri.
The property, located along the east side of 7 Highway and just south of Interstate 70, is comprised of four buildings, three built in 1987 and renovated in 2006 and the southernmost building built in 2008.
Mark Arensberg and Mike Yeggy, senior vice presidents at Colliers Kansas City, represented the owner, Timothy D. Harris, LLC. The Kansas City team provided national exposure for the retail center by creating and distributing marketing materials to a wide range of prospective buyers.
Despite uncertainty related to COVID-19, Arensberg and Yeggy worked with the buyer, Pener KC, to negotiate the contract and complete the due diligence process for a successful closing.