Daily limit: 0/10
Federal Realty Acquires Town Center Plaza And Town Center Crossing In Leawood For $289 Million
SOLD
$289,000,000
Kansas
See Similar DealsRetail
Sold 07/24/2025
SOLD
Federal Realty Acquires Town Center Plaza And Town Center Crossing In Leawood For $289 Million
5000 West 119th Street & 4567 West 119th Street
See Similar DealsRetail
Sold 07/24/2025
Summary
KANSAS
Asset Type:Retail
Transaction Type:Sale
The transaction involves the acquisition of two retail properties located at 5000 West 119th Street and 4567 West 119th Street in Leawood, Kansas. Federal Realty purchased these assets for $289 million, marking a significant transaction in the retail market. The properties are part of a prominent shopping destination within the Kansas City area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $289,000,000
- Buyer: Federal Realty
- Transaction Date: 07/24/2025
- Market: Leawood, KS
Federal Realty's acquisition includes Town Center Plaza and Town Center Crossing, signifying its strategic entry point into the Kansas City market. This deal reflects Federal Realty's ongoing commitment to expanding its portfolio in key markets.
Players
BUYER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$15,413,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$1,026,755.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$1,370,007.44
Annual Debt Service$16,440,089.29
Is there something missing? Send suggestions