The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2 billion, has announced the disposition of the Marina Lakes Shopping Center, a 172,041-square-foot retail center located at 2021 North Amidon in Wichita, Kan. The sale was made to Hobb Partners, LLC an entity formed by Henzlik-Oliver Real Estate Companies, an Overland Park, Kansas-based commercial real estate investment and development firm.
Situated on 13.5 acres, the Marina Lakes Shopping Center is located within a busy retail intersection in Wichita, Kan. Current tenants include Radio Shack, Dollar General and Payless Shoes; however the mainly vacant site will be redeveloped by Hobb Partners to include a Wal-Mart Neighborhood grocery store as an anchor.
“The Marina Lakes Shopping Center was an asset that was in need of a major investment and local involvement to oversee its re-development,” said Robert T. Schmitt, a Principal of The Hampshire Companies. “The Hampshire Companies was able to identify Henzlik-Oliver Real Estate Companies as an ideal buyer for the property.”
Tyler Oliver of Henzlik-Oliver Real Estate Companies represented Hobb Partners in the transaction.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate firm based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments. Additional information on The Hampshire Companies is available online at HampshireRE.com.
R&J Public Relations