Three struggling suburban shopping centers in the Kansas City area will be auctioned off after being taken back by their lender, LNR Property LLC.
The three centers were acquired by Henry S. Miller Equity Partners for $70 million in 2006. They are Westbrooke Village, a 236,638-square-foot center in Shawnee; Regency Park, a 201,974-square-foot center in Overland Park; and Pinetree Plaza, a 134,750-square-foot center in Lee's Summit.
The last of the property to go into receivership was the southern…
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