Zona Rosa under new management with Trademark Property Company

PCEDC Staff News

KANSAS CITY, Mo. (Sept. 17, 2018) – Zona Rosa, a 1.1 million-square-foot mixed-use town center in Kansas City, Mo., is now under the management of Trademark Property Company, a full-service real estate firm based in Fort Worth, Texas.

The mixed-use center includes 983,016 square feet of retail space, 112,615 square feet of office space, 73 residential units, and over 100 retail tenants. Anchors include Dillard’s, Old Navy, Dick’s, DSW and Barnes & Noble. Zona Rosa hosts popular events like the Northern Lights Holiday Lighting Ceremony, Summer Concerts on the Square and Festa Italiana, all of which will continue under Trademark’s management, while also looking for new ways to serve the community.

“Zona Rosa is a popular destination in north Kansas City and we are excited to help write the next chapter of its story and come up with ways to better serve its market,” said Terry Montesi, CEO, Trademark Property Co. “We have a strong track record of uncovering the hidden potential in these types of complex properties, and we see a big opportunity at Zona Rosa.”

Strategic planning has already begun and will include a thorough visioning process bringing together experts in consumer research, operations, merchandising, design, placemaking and development with input from the local community. Thereafter, Trademark will set a strategic plan with concrete initiatives that will improve the property and redevelop it for the future based on the continuing evolution of the retail industry and mixed-use places.

Trademark has a 26-year track record as a value-add operator and advisor to institutional investors, helping retail properties evolve to meet the needs and aspirations of the community. As a leading mixed-use operator and developer, Trademark is committed to making a difference and being an extraordinary steward for all stakeholders.

Trademark’s portfolio of retail and mixed-used development expertise includes a number of recent notable redevelopment projects like Galleria Dallas, Victory Park in Dallas, Rice Village in Houston, WestBend in Fort Worth, and Saddle Creek in Germantown, Tenn. The addition of Zona Rosa expands Trademark’s portfolio to 18 retail, lifestyle and mixed-use projects totaling 14 million square feet operated by the company across the U.S.

About Trademark Property Company
Trademark Property Company is an operator, investor and developer of award-winning, mixed-use town centers, specialty, community, power centers and enclosed regional malls. In its over 25 years of business, Fort Worth, Texas-based Trademark has invested in or developed 14 million square feet of retail and mixed-use assets worth $3.1 billion. Trademark’s experienced team of 200 employees is responsible for approximately 8.7 million square feet of retail and mixed-use projects currently in operation or development/redevelopment.