Plaza North, located at 90th & Fort Streets in Omaha, is a 203,250-square-foot shopping center anchored by Baker’s Supermarket for the past 37 years. Recently, the plaza welcomed a new entertainment destination called Fowling Warehouse.

History and Repositioning

In 2014, Walton Street Capital and NewQuest Epic acquired Plaza North as part of a nine-property retail portfolio. Many of the centers required renovations and new tenants. The business plan: reposition the properties through updates and leasing, then sell them. Over time, Walton and NewQuest completed the improvements and sold off the assets. Ember Grummons assisted the Seller with the sale of two centers located in Omaha and Kansas City.

By 2022, Plaza North was the only property remaining. At that point, Ember began working closely with the Seller to help guide the process toward a future sale. The Seller needed Baker’s to renew its lease—a process that took nearly a year. They also aimed to fill the last 50,000-square-foot vacancy. A solution was found in Fowling Warehouse, which officially opened in July 2024.

After years of strategic leasing and repositioning, Plaza North was listed and ultimately sold to an out-of-state Buyer in June 2025. Ember Grummons represented the Seller in the transaction, marking the final chapter in the portfolio’s success story.

This article appeared in our company newsletter in September of 2025. Please click here to download the entire newsletter.