New Owners Plan $30M Face-Lift For Shopping Center

An affiliate of Mission Peak Capital, a Kansas City firm that specializes in acquiring value-add real estate, is joining the retail revitalization boom taking place along the Metcalf Avenue corridor in Overland Park. MP Regency Park LLC, which struck a deal to buy the Regency Park Shopping Center out of receivership late last year, plans to spend $30 million on acquisition and redevelopment of the 202,000-square-foot center.

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