The Georgetown Company Acquires Camelot Court Shopping Center In Leawood For $52.4M From MD Management

The Camelot Court Shopping Center is a retail asset located at 11721 Roe Avenue, Leawood, KS. The property encompasses a total area of 173,460 square feet and was sold for $52,400,000. The transaction involved a loan of $36.7 million from Nationwide, highlighting the financial backing for the acquisition.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $52,400,000
• Address: 11721 Roe Avenue
• Market: Leawood, KS
• Asset Size: 173,460 SF
• Price Per Square Foot: $302
• Buyer: The Georgetown Company
• Seller: MD Management
• Lender: Nationwide

The transaction saw The Georgetown Company acquire the property from MD Management. Notable tenants within the shopping center include CVS and McDonald's, providing a mix of retail offerings. The location benefits from proximity to highways and other retail establishments, contributing to its market appeal.