MEI successfully completes the closing of a 7,500 SF STNL Kirkland’s in Liberty, MO. The new development is located within the recently constructed 315,000 SF Liberty Commons Shopping Center which is the premier power center in the trade area. MEI acquired the property in a 1031 exchange through it’s Capital Partners division at terms that exceeded buyer’s expectations. The $1.464M acquisition features a 10-year corporate lease with 10% rental increases every 5 years, and is on a separate parcel within the power center. Additional Liberty Commons Shopping Center Tenants include Petco, Hobby Lobby, HomeGoods, Ulta, Off Broadway, Five Below, Orangtheory Fitness, Natural Grocers, and more. Kirkland’s Inc. is a publicly traded company in the U.S. and specializes in selling home goods and décor.