DFW Land Acquires Park Place Village Mixed-Use Asset In Leawood For $100 Million

A 480,000-square-foot mixed-use property located at 11549 Ash Street in Leawood, Kansas, has been sold for $100 million. The asset encompasses both office and retail spaces, offering a diverse range of opportunities in the local market.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $100,000,000
• Sale Date: 10/03/2025
• Address: 11549 Ash Street
• Market: Leawood, KS
• Price per Square Foot: $208
• Buyer: DFW Land
• Seller: KBS
• Brokers: Derek Fohl & Gary Carr - Newmark
• Mortgage Brokers: Ari Schwartzbard, William (Bill) Weber & Henry Stimler - Newmark
• Acquisition Loan Amount: $62 million

This transaction was facilitated by Newmark, which acted on behalf of KBS and played a crucial role in securing a significant acquisition loan for DFW Land. The deal highlights the collaboration of expert teams led by Derek Fohl, Gary Carr, and Ari Schwartzbard in orchestrating this substantial transaction.