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Federal Realty Buys Kansas City Retail Plaza for $289M

Summary by Connect CRE
Federal Realty has acquired Town Center Plaza and Town Center Crossing in Leawood, Kansas, for $289 million, marking its first entry into the Kansas City metro market. Town Center Plaza and Crossing, located on the northwest and southeast corners of 119th Street and Roe Avenue, offer a combined 550,000 square feet of retail space. Town Center Plaza is 92% occupied, and Town Center Crossing is 94% occupied. The shopping centers are anchored by Tr…
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Connect CRE broke the news in on Thursday, July 24, 2025.
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