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| Amy Sands |
CHICAGO, IL, Jan. 12, 2023 – JLL Capital Markets announced today that it has closed the sale of Merriam Town Center, a 363,076-square-foot, open-air, regional power retail center located in the Kansas City submarket of Merriam, Kansas. The price was not disclosed.
JLL represented the seller in this
transaction, and The R.H. Johnson Company acquired the asset.
Built in 1998, Merriam Town Center is currently
97% leased to Home Depot, Dick’s Sporting Goods, Cinemark, Ross Dress for Less
and PetSmart.
The property is located at 8800 Johnson Drive,
Merriam, Kansas, set directly off Interstate 35 allowing unobstructed
visibility to the approximately 128,000 vehicles per day passing by.
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| Michael Nieder |
The JLL Retail Capital Markets Investment Sales
and Advisory team that represented the seller was led by Managing Directors Amy
Sands and Director Michael Nieder.
JLL Capital Markets is a full-service global
provider of capital solutions for real estate investors and occupiers.
Merriam Town Center, Merriam, KS
The firm's in-depth local market and global
investor knowledge delivers the best-in-class solutions for clients — whether
investment and sales advisory, debt advisory, equity advisory or a
recapitalization.
The firm has more than 3,000 Capital Markets
specialists worldwide with offices in nearly 50 countries.
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JLL, please visit our newsroom.
CONTACT:
Jenna Sharp
JLL, Public Relations
Dallas, Texas
M +1 214 394 3356