Kansas City, Mo. — Full-service commercial real estate firm Block & Company, Inc. Realtors has completed the first phase of its Kmart redevelopment project in Merriam, Kan., with the opening of a new Freddy’s Frozen Custard & Steakburgers. The more than 4,000-square-foot building is now one of Freddy’s largest locations in the United States.
Block & Company handled the construction management of the project on behalf of the property ownership group. Construction details of the new Freddy’s included an almost complete tear-down of the existing building. Various structural elements and features from the previous building were able to be utilized during the new construction phase. Block & Company also handled the permitting for closing existing access points and adding new entryways that would increase parking capacity and add two drive-thru lanes. A retaining wall on the south side of the property was also reconstructed that added a walkway down to the shopping center, as well as a two-lane vehicle access drive.
Block & Company represented the Freddy’s franchisee, as well as the property ownership group, in the long term lease transaction.
“We are excited to have Freddy’s as the newest tenant to the shopping center and expect to have some additional announcements regarding new tenants coming in the near future,” says David M. Block, president of Block & Company, Inc. Realtors.
Block & Company will continue to handle the property management and leasing of the Kmart redevelopment shopping center.
Block & Company, Inc. Realtors is a full-service commercial real estate company headquartered in Kansas City, Mo., since its inception in 1946. The firm’s services include brokerage, development, investment, asset/property management, tenant representation and corporate real estate services. Its commercial brokerage specializes in restaurant, retail, automotive, hotel, industrial, office, shopping center/development, commercial investments, asset/property management, and many other real estate services. With transactions extending to 187 cities in 35 states, Block & Company manages millions of square feet of retail, restaurant, office and industrial space.
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SOURCE: Block & Company, Inc. Realtors