The Gladstone Plaza Shopping Center is under new ownership, thanks to the capital markets team at Newmark Grubb Zimmer.
Michael VanBuskirk and Chris Robertson negotiated the acquisition of the 94,494-square-foot shopping center at 6583 North Oak Trafficway in Gladstone. The multi-tenant center includes retailers like Save-A-Lot, Rent-A-Center, Dollar General, and Advance Auto.
The seller was an investment entity out of Dallas, and the buyer was HL Ventures LLC.
The transaction represents just a portion of the $74.1 million of investment assets the team has closed or placed under contract throughout Missouri and Kansas.