Kansas City, MO – The Boston based investment group Colony Realty Partners, LLC, represented by Block & Company, Inc., REALTORS, purchased the Financial Plaza office complex located in Overland Park, Kansas from INVESCO Real Estate based out of Dallas, Texas. These four high quality buildings, totaling approximately 292,000 square feet of office space, are located in the most sought after office submarket in the Kansas City Metropolitan area with tremendous highway access and visibility. This well positioned property offers a balanced mix of building sizes and floor plates as well as a wide range of local, regional and national tenants.
Financial Plaza represents one of the most visually appealing and striking properties in South Johnson County located at “Main & Main” (College Blvd. & Metcalf Ave.) in the heart of Johnson County.
Kenneth G. Block, SIOR, CCIM, Brian R. Beggs, CCIM, CFA and Harry P. Drake, CCIM, CPM of Block & Company, Inc., REALTORS represented the Buyer. Matthew J. Spachman and Avory Williams of Block & Company, Inc., REALTORS will take on the leasing responsibilities of the property for the new ownership group.
Kenneth G. Block, Principal, said “this transaction provides a unique opportunity to reposition a high quality asset through a strategic management and leasing program, which can then provide substantial upside potential for the investor.”
Since its inception in 1946, Block & Company, Inc. REALTORS has evolved into one of the Midwest’s leading full-service commercial real estate companies, providing brokerage, property management, development, financial services, investment opportunities and an ever-widening array of services. Colony Realty Partners, LLC is a private investment firm focusing on real estate assets throughout the United States.