Matthews Real Estate Investment Services, a leading commercial real estate investment firm, has successfully closed the sale of Kids r Kids in Olathe, Kansas for $5.775 million. The property is a daycare center located at 1585 S. Mahaffie Circle and was sold by Matthews Associate Matthew Gibbs and Vice President and Director Clay Smith.
Thanks to our extensive marketing platform and local market expertise, we were able to secure a deal that exceeded the previous off-market offers by $1 million,” said Gibbs confidently about their success in closing this transaction. The sale included both the business operations as well as the underlying real estate of this 18,000 square foot building situated on a 2.42-acre lot that was constructed in 2017.
The buyer of this property is Kiddie Academy from Maryland who had been seeking expansion opportunities into Kansas City’s thriving market scene where they currently operate across 41 states nationwide with plans for further growth ahead.” This acquisition marks their first venture into Kansas territory,” added Smith excitedly about welcoming them to their new location.
This recent accomplishment adds yet another feather in Matthews’ cap as it continues its impressive track record of successful deals within various markets across different states without compromising on quality or efficiency – making it one among many reasons why clients trust us with all their commercial real estate needs.
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