Ward Parkway Sells Again As Retail Future Looks Rough Amid Recession

This old photo of Ward Parkway's golden years was probably taken on a random Tuesday.

Now all that biz has moved online and mostly chases deals on cheap Chinese junk.

To be fair, there are some great new restaurants at the mall . . . But nowadays nobody goes out and it's easier just to pay a gig worker to drop off take out.

Accordingly . . . Check this link tease & a bit more info . . .

"A sales price was not immediately available. Fidelis obtained about $42.6 million in financing from Independent Financial of Houston in connection with the transaction. The last time the center changed hands, in December 2018, Farallon paid $71.5 million to Barings LLC, according to county records."

Read more via www.TonysKansasCity.com link . . .

Fidelis buys Ward Parkway Shopping Center from Farrallon Capital - Kansas City Business Journal

Ward Parkway Shopping Center has sold to a Houston-area commercial real estate firm for an undisclosed amount. Fidelis, based in Bellaire, on Dec. 14 bought the 27.8-acre center at 8600 Ward Parkway from Farallon Capital Management LLC of San Francisco, Jackson County property records show.