Kaden Companies Acquires Best Buy Center in Louisville’s St. Matthews Neighborhood

Retail Center to Be Renamed Saint Matthews Gateway

(Louisville, KY) – Kaden Companies is pleased to announce the acquisition of the Best Buy Center located at 5005 Shelbyville Road, right off the Waterson Expressway in the heart of St. Matthews. The property, which will be rebranded as Saint Matthews Gateway, features 220,000 square feet of commercial space and is currently home to Best Buy, Total Wine, Front Gate and DSW Shoes. Space is still available for leasing.

“There’s not a retail property in the city with better visibility and exposure,” said Mark Blieden, CEO of Kaden Companies. “Bruce (Shinbach) has done a great job developing and managing the center for many years, and we look forward to expanding upon his legacy. This is the first time the property has changed ownership since it was developed as a retail center over fifty years ago. In the next few years, we have some capital improvement projects planned for the center and hope to have some opportunities for new-to-market Tenants to join our existing Tenant roster soon.”

Saint Matthews Gateway is a welcome addition to Kaden Companies’ current portfolio of retail centers it owns, manages, and leases. Some of their most recognized holdings are the Kroger centers in the East End’s Holiday Manor and Cedar Springs in Fern Creek. They also own South Park Shopping Center in Lexington, Kentucky, and recently purchased the Galleria of Saint Matthews, where they plan to start redevelopment before year’s end.

To learn more about Saint Matthews Gateway or to set up an interview, contact Linda Schuster at 502-592-5400 or linda@qtheagency.com.

For leasing information, contact Alexander Blieden at ablieden@kadencompanies.com or call Kaden Companies 502-456-1999.

About Kaden Companies

Kaden Companies is a privately held commercial real estate company with a historic track record of successfully investing and developing retail property in the Midwest and Southeast regions. For over four decades, they have brought comprehensive market expertise and thoughtful insight to an investment and development process that focuses on creating the most value for the people and businesses they serve.

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