Lane4 affiliate buys upscale shopping center Hawthorne Plaza in Overland Park


Overland Park retail hub Hawthorne Plaza has a new — and local — owner.

An affiliate of Kansas City-based Lane4 Property Group Inc. recently paid an undisclosed amount to Dallas-based Invesco for the upscale retail center at 5001 W. 119th St. at the southwest corner of 119th Street and Roe Avenue. The nearly 135,000-square-foot center reports 96% occupancy, according to a release.

Kansas City-based Alpert Cos. built the project in 1990 and sold it in 2005 to Invesco, which led renovations…

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