Gladstone, Mo. — HFF has arranged the sale of Prospect Plaza, a 190,006-square-foot, grocery-anchored shopping center located in the Kansas City suburb of Gladstone.
The property was 91.5 percent leased at the time of sale to tenants including Price Chopper, Hobby Lobby, The Salvation Army, Aaron’s, Starbucks Coffee, Great Clips and Yappy Hour Pet Resort. Amy Sands and Clinton Mitchell of HFF worked on behalf of the undisclosed seller in the transaction. The purchaser was an affiliate of Northeast Capital Group, a private investment firm based in Ramapo, New York.