Q2 2012 Kansas City, Missouri Retail Property Sales Analysis

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Q2 2012 Kansas City, Missouri Retail Property Sales Analysis


Reis records one qualifying retail sale in the second quarter of 2012. In May, the One Nineteen, a 195,000-square-foot community center in Leawood, sold for $67.5 million ($346 psf). The cap rate for this quarter’s sale was 3.7%; the 12 month rolling cap rate was 5.9%. There has been only one sale per quarter here since the third quarter of 2011.