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  • The Topeka Capital-Journal

    Topeka's Barnes & Noble building listed as available property. What we know.

    By Keishera Lately, Topeka Capital-Journal,

    2024-08-15

    Will Barnes & Noble Booksellers keep its doors open in Topeka?

    Local residents were asking that question Sunday on the Topeka Experience Facebook page after seeing an online listing for the building, 6130 S.W. 17th St.

    Some were furious at the prospect of losing the bookstore, with one saying, "If this is true, I'm moving out of Topeka - it'll be my final straw."

    The Topeka Experience is group dedicated to positive reviews of local businesses, restaurants and events, according to its About page.

    We took a visit to Barnes & Noble to see what was going on. Here's what we found.

    https://img.particlenews.com/image.php?url=3eWKQK_0uyglbHF00

    Will Barnes & Noble close its doors?

    Janine Flanigan, vice president store planning and design for Barnes & Noble, said, "We do not have any plans to leave our Topeka location at this time."

    Kansas-City based Ferguson Properties highlights the building in its online listing as "35,000 SF Former Barnes and Noble" with more than 18,500 vehicles per day on S.W. Wanamaker Road. It encourages those interested to "join a strong tenant mix."

    Crexi.com said the property has been listed since August 2021 and most recently updated the information April 1 of this year. Ferguson properties provides data for its demographics on the property from 2021 as well.

    The Capital-Journal reached out to brokers at Ferguson Properties for comment. They didn't respond to repeated inquiries.

    More: Why a retired Marine is suing the city of Topeka over its property tax policy

    Barnes & Noble is a tenant, not owner of its location

    The Barnes & Noble building in Topeka is owned by T-Town Investment Co. LLC, according to Shawnee County property records.

    T-Town Investment is a Missouri-based business, according to state of Kansas and Missouri business records.

    T-Town Investment is a subsidiary of the Kroenke Group, a real estate developer in Columbia, Missouri. Kroenke Group is owned by billionaire real estate developer Stan Kroenke, who is most famous for owning multiple pro sports teams, including the Los Angeles Rams, the Denver Nuggets, Colorado Avalanche, and Arsenal F.C. and Arsenal W.F.C., English soccer teams.

    The Capital-Journal reached out to the Kroenke Group. It didn't respond to repeated inquiries.

    More: Salina-based bank holding company is acquiring two banks in Topeka

    Keishera Lately is the business reporter for the Topeka Capital-Journal. She can be reached at klately@cjonline.com. Follow her on Twitter @Lately_KT.

    Capital-Journal reporter Jason Alatidd contributed to this report .

    This article originally appeared on Topeka Capital-Journal: Topeka's Barnes & Noble building listed as available property. What we know.

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    Comments / 7
    Add a Comment
    K. A.
    08-16
    Retail and restaurants are dying all over not just Topeka. Maybe local businesses will make come back. I'm just as guilty for shopping on Amazon cause they have what I want and need.
    Randy Hughes
    08-15
    they're not the only one that's upset about a possible closure of Barnes & Noble it's the only bookstore in town that sells new books.
    View all comments
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