OVERLAND PARK, Kan., March 5, 2010 — Westchester, Ill.-based Tri-land Properties, Inc. announced today that a 14,820-square-foot, stand-alone Walgreens is now open at the company’s Cherokee South Plaza project in Overland Park, Kan. The announcement was made by Hugh Robinson, Tri-Land’s Executive Vice President of Acquisitions.
“With high name recognition and a strong consumer base, Walgreens will serve as a great anchor tenant and we are excited to have it up and running,” said Robinson. “As we continue with the redevelopment of Cherokee South, we look forward to providing Overland Park with an outstanding community destination.”
Tri-Land’s redevelopment of the 118,000-square-foot Cherokee South center includes the complete demolition of one building, the construction of three new buildings and the addition of many new retail tenants. Other tenants include, Kansas Sample, Hallmark Cards, Golf-Tec, Cherokee Liquors, H&R Block, Jimmy John’s Gourmet Sandwiches, Paul Mitchell School, and several local and regional retail and service providers. The redeveloped Cherokee South Plaza will also include outdoor patios, tree-lined walkways, sidewalk planters and public spaces for neighborhood use.
The project is scheduled for a Summer 2010 completion.
Tri-Land Properties, Inc. owns and manages more than 2.8 million square feet of commercial retail space, located in the Midwest, Mid-Atlantic and Southeastern regions of the country. The Westchester, Ill-based firm is a full-service, real estate development/redevelopment company focused on successful acquisition, development, renovation and management of community centers ranging in size from 100,000 square feet to 750,000 square feet. Tri-Land specializes in transforming distressed and undervalued properties into dynamic commercial centers with increased value that generate steady consumer traffic and provide substantial investor returns.