KC Wheel property sells to New Jersey REIT as uncertainty lingers over stalled entertainment district

June 16, 2026 by Bizjournals.com Feed (2026-02-19 19:05:49)

The KC Wheel off I-35 now spins under a ground lease with a new property owner: a New Jersey real estate investment trust that this month bought the Westside property long planned for the Pennway Point entertainment district.