Value-Add Redevelopment | Overland Park, Kansas
Doug, in conjunction with Colby Capital, purchased a Ford dealership that occupied a strategic corner in one of Kansas City’s top new trade areas. Recognizing that the property would have more value if converted to high profile retail, the partnership retrofitted a portion of the dealership, and added more space to create a shopping center leased to Staples (the top performing store in the market), Play It Again Sports, Goodwill and Frontier Furniture, among others. Because the car dealership was over-parked, Doug derived additional revenue by rezoning and replatting the property to carve out outparcels for the Blue Valley School District and Freddy’s Frozen Custard and Steakburgers.
7121 W. 79th St.
Overland Park, KS 66204