Investors buy Stateline Station Shopping Mall

An Omaha investment group has bought Phase 2 of the Stateline Station Shopping Center in south Kansas City out of bankruptcy for $10.75 million. A partnership between Jasper Stone Partners and Agman Partners bought the 16-acre power center, at 136th Street and Missouri Highway 150, from M&I Bank. The center is anchored by a Michaels craft store, Gordmans discount store, Lukas Liquor Superstore and Party City party supply store.