Los Angeles — Nordstrom Inc. has opened its newest Los Angeles full-line store at Westfield Century City, a re-location from Westside Pavilion.
San Antonio, Texas — MIMCO has acquired City Base Landing, a 200,000-square-foot shopping center in San Antonio.
Dublin, Calif. — Ross Stores has opened 30 Ross Dress for Less and 10 dd’s Discounts stores across 22 different states in September and October.
Dallas — EDGE Realty Capital Markets has arranged the sale of Parkway Corners, a 67,486-square-foot retail property in Dallas.
Pittsboro, N.C. — Eco Group, a joint venture between John Fugo of Montgomery Carolina LLC and Kirk Bradley of Lee-Moore Capital Co., has unveiled plans for Mosaic, an $800 million…
Santa Clarita, Calif. — Cushman & Wakefield has arranged the $22.5 million sale of Canyon Square Plaza, a 96,627-square-foot shopping center in Los Angeles County’s Santa Clarita.
Lakewood, Colo. — RCG Ventures has acquired Westland Town Center, a 326,607-square-foot retail center in Lakewood, located eight miles southwest of Denver.
Concord And Matthews, N.C. — ECHO Realty has acquired two Harris Teeter-anchored shopping centers in metro Charlotte: Cannon Crossroads in Concord and Matthews Township Shopping Center in Matthews.
Lansing, N.Y. — Uber Capital Group, a commercial real estate financial advisory and mortgage origination firm, has arranged a $14 million loan for the acquisition of The Shops at Ithaca…
Castle Rock, Colo. — Development firm P3 Advisors has acquired a 65-acre tract of land in Castle Rock, midway between Denver and Colorado Springs, for the development of Miller’s Landing…
Glassboro, N.J. — Nexus Properties has signed five new retail tenants to the Rowan Boulevard redevelopment, a mixed-use project in Glassboro.
Corona del Mar, Calif. — MSM Global Ventures has acquired Corona del Mar Shopping Center, a 33,404-square-foot retail center in the Southern California community of Corona del Mar.
Phoenix — Cushman & Wakefield has arranged the $10.2 million sale of Covington Plaza, a Bashas’-anchored shopping center in Phoenix.
Phoenix — Velocity Retail Group has signed two new retailers to a vacant big box formerly occupied by Fry’s Food & Drug in Phoenix.
By J. Wickham Zimmerman, Chief Executive Officer, Outside the Lines Inc.
Thornton, Colo. — Simon has broken ground on Denver Premium Outlets, a 330,000-square-foot open-air outlet center located 12 miles outside Denver in Thornton.
Tampa, Fla. — HFF has arranged the sale of a 36,900-square-foot building fully leased to Whole Foods Market in Tampa.
Algonquin, Ill. — Realty Metrix Commercial has negotiated the sale of Algonquin Town Center, a 103,266-square-foot retail center located in Algonquin, a northwest suburb of Chicago.
Pharr, Texas — Topgolf, a driving range-based entertainment concept, will open a 55,000-square-foot location in Pharr, Texas.
Burlington, Mass. — HFF has secured $205 million in financing for The District Burlington, a 1 million-square-foot mixed-use development in Burlington, 15 miles northwest of Boston.
Joplin, Mo. — Mid-America Real Estate Corp. has arranged the sale of North Point Shopping Center, a 155,416-square-foot shopping center located in Joplin.
Frisco, Texas. — Miami-based investment firm Antegrade Holdings has acquired Frisco Market Center, a 20,823-square-foot, three-building retail center located in Frisco.
San Diego, Calif. — CBRE has arranged the $10.4 million sale of Torrey Highlands Plaza, a 14,042-square-foot retail center in San Diego.
North Palm Beach, Fla. — Real estate developer and founder of Gordon Group Holdings, Sheldon Gordon, passed away on September 28 at the age of 88.
Brisbane, Australia and Cleveland — QIC, an Australian institutional investment management firm, has agreed to purchase Forest City Realty Trust Inc.’s (NYSE: FCE.A) interest in a 10-property regional mall portfolio.
Jericho, N.Y. — Getty Realty Corp. has acquired interests in 38 fee simple convenience store properties in metro Columbia, South Carolina, for $68.3 million.
East Lyme, Conn. — O,R&L Commercial has arranged the sale of Flanders Plaza, a regional shopping center in East Lyme.
Carrollton, Texas — Henry S. Miller Brokerage Co. (HSM) has acquired Mills Pointe, a 126,000-square-foot shopping center situated on 11.5 acres in Carrollton.
Northglenn, Colo. — Hutensky Capital Partners has purchased Marketplace at Northglenn, a 439,000-square-foot shopping center in Northglenn, a northern suburb of Denver, for $48 million.
Atlanta — HFF has secured $110 million in financing for a six-property grocery-anchored portfolio located throughout Georgia, Florida and Tennessee.
Atlanta — Banyan Street Capital has unveiled plans to revitalize Peachtree Center, a mixed-use development in downtown Atlanta, with new restaurants, retail and entertainment.
Everett, Wash. — Brixton Capital has purchased Everett Mall, a 490,949-square-foot shopping center located in Everett, 28 miles north of Seattle.
CBRE Arranges $14.1 Million Acquisition Financing for Towne Square Shopping Center in Metro Philadelphia
Mount Laurel, N.J. — CBRE has arranged a $14.1 million acquisition loan for Towne Square Shopping Center, an 88,265-square-foot shopping center in Mount Laurel, a New Jersey suburb of Philadelphia.
Washington, D.C. — Co-developers Madison Marquette and PN Hoffman will open The Wharf on Oct. 12 in Washington, D.C.
Horsham, Pa. — The Verrichia Co. has acquired the final three parcels necessary to begin development on Horsham Village Plaza, a retail center located in Horsham, about 17 miles outside Philadelphia.
Columbia Heights, Minn. and Charlotte, N.C. — Baceline Investments LLC has acquired two shopping centers in Minnesota and North Carolina for a combined $12.3 million.
Huntington, N.Y. — HFF has arranged the sale of Huntington Square Plaza, a grocery-anchored retail center in the Long Island community of Huntington.
NEW YORK — ShopOne Centers REIT Inc. has launched a new shopping center ownership entity under the leadership of retail real estate veteran Michael Carroll.
Los Angeles — Westfield Corp., a mixed-use developer based in Sydney, Australia, is opening its $1 billion redevelopment of Westfield Century City mall in the Century City district of Los…
Scottsdale, Ariz. — A subsidiary of Sand Capital has acquired a portfolio of 47 CVS/pharmacy stores located throughout the country for $275 million.
Kailua-Kona, Hawaii — Faris Lee Investments has arranged the $21.8 million sale of Coconut Grove Marketplace, a 49,513-square-foot retail center in Kailua-Kona on the Big Island of Hawaii.
Denton, Md. — Neuman Commercial Group LLC has arranged the $12 million sale of Denton Plaza, a 100,000-square-foot retail center in Denton.
NewMark Merrill Secures $62 Million Refinancing, Delivers 442,000-Square-Foot Retail Center in Colorado
Longmont, Colo. — NewMark Merrill Mountain States has secured $62 million in refinancing and completed construction on Village at the Peaks, a 442,000-square-foot shopping center in Longmont.
Cherry Hill, N.J. — PREIT has opened a 26,000-square-foot location for Zara at Cherry Hill Mall in Cherry Hill, located nine miles east of Philadelphia.
Charleston, S.C. — Stiles has signed Publix to anchor Point Hope Commons, a 90,000-square-foot shopping center located within Cainhoy Plantation, a mixed-use community under development in Charleston.
Kyle, Texas — InvenTrust Properties Inc. has acquired Kyle Marketplace, a 226,000-square-foot shopping center located in the Austin suburb of Kyle, Texas, for approximately $59 million.
Fort Mill, S.C. — Preferred Apartment Communities (PAC) has purchased West Town Market, a 67,883-square-foot shopping center in Fort Mill, a South Carolina suburb of Charlotte, for $14.3 million.
San Antonio — Sterling Organization has sold Grandview Shopping Center, a 103,000-square-foot, grocery-anchored shopping center located in San Antonio, for $21.9 million.
Yukon, Okla. — Hooter’s, Cheddar’s Scratch Kitchen and Arby’s will join The Market at Czech Hall, a 160,000-square-foot retail center located 17 miles west of Oklahoma City in Yukon.
Las Vegas — Planet Hollywood Resort & Casino will debut a new restaurant concept called Café Hollywood.
Shrewsbury, N.J. — HFF has secured a $43.6 million refinancing for The Grove at Shrewsbury, a 148,000-square-foot lifestyle center located 25 miles south of New York City in Shrewsbury, New…
Gulf Breeze, Fla. — Publix has acquired Sea Shell Collections, an 87,125-square-foot shopping center located in Gulf Breeze, for $18.6 million.
Warrendale, Pa. — Teen clothing retailer rue21 has completed its financial restructuring and emerged from the Chapter 11 process.
New York City and North Bergen, N.J. — Madison International Realty will acquire Forest City Realty Trust’s 51 percent interest in a 2.1 million-square-foot, 12-asset retail portfolio located in New York City…
Mansfield, Texas — Phillips Edison Grocery Center REIT II, an affiliate of Phillips Edison & Co., has acquired Mansfield Market Centre, a 55,400-square-foot shopping center located in the southern Fort…
Huntsville, Ala. — Watkins Real Estate Group has signed a 45,600-square-foot lease with Publix Super Markets Inc. to anchor The Pinnacle at Providence, a 59,600-square-foot retail center under development in…
Indianapolis — CBRE has secured a $3.1 million refinancing for Cherry Tree Crossing, a 13,400-square-foot retail property located in Indianapolis.
Detroit —Bedrock, Dan Gilbert’s Detroit-based commercial real estate development and investment firm, has unveiled a package of four developments totaling $2.1 billion in new investment that will add to Detroit’s…
Dallas and Lewisville, Texas and Jackson, Tenn. — Disney Investment Group (DIG) has arranged the sale of three retail centers in Texas and Tennessee.
Shenandoah, Texas — Baker Katz has negotiated a 41,500-square-foot lease for AMC Theatres in Shenandoah, about 30 miles north of Houston.
Wayne, N.J. — Toys ”R” Us Inc. filed for Chapter 11 bankruptcy protection on Monday, Sept. 18.
Cedar Knolls, N.J. — Key Properties has opened Hanover Crossroads, a 170,000-square-foot shopping center located in Cedar Knolls.
Arlington, Va. — Berkadia has secured $157 million in construction financing for 750 North Glebe, a mixed-use development under construction in Arlington, roughly five miles west of Washington, D.C.
Lafayette, La. — Edge Realty Capital Markets has arranged the sale of Parkway Plaza, a 112,108-square-foot shopping center located in Lafayette, Louisiana.
Denison, Texas — Oklahoma-based HeyDay Entertainment will open a 50,000-square-foot location within the 200,000-square-foot Shops at Gateway Village in Denison, Texas.
Baltimore — Goldman Sachs has committed $233 million to the Port Covington redevelopment project in Baltimore.
Los Angeles — Nordstrom Inc. has launched a new retail concept called Nordstrom Local, and will open the first of its kind in West Hollywood on October 3.
Oxnard, Calif. — CBRE has arranged the sale of Oxnard Vineyards, a 102,139-square-foot shopping center located in Oxnard, California.
Honolulu — Salem Partners, a commercial real estate developer based in Los Angeles, is moving forward on its $750 million, two-tower project in Honolulu.
North American Properties to Break Ground on Food Hall at Colony Square in Atlanta’s Midtown District
Atlanta — North American Properties (NAP) has unveiled plans to develop a 28,000-square-foot food hall at Colony Square, a mixed-use destination at the corner of 14th and Peachtree streets in…
New York City — SL Green Realty Corp. has partnered with RXR Realty to acquire a 48.7 percent interest in Worldwide Plaza, a Class A mixed-use property in Midtown Manhattan.
Arlington, Texas — SunTrust Banks Inc. has closed $600 million in financing for the Texas Rangers to fund the team’s share of construction costs for its new ballpark, known as Globe…
Wayne, N.J. — HFF has secured $18.7 million in acquisition financing for West Belt Plaza, a retail center located 20 miles from Midtown Manhattan in Wayne, New Jersey.
Marcus & Millichap Arranges $4.7 Million Sale of Shoppers Food & Pharmacy Location in Metro Baltimore
Windsor Mill, Md. — Marcus & Millichap has arranged the $4.7 million sale of a 94,851-square-foot retail property net-leased to Shoppers Food & Pharmacy in Windsor Mill, about 13 miles west…
Woodstock, Ga. — Franklin Street has arranged the $4.1 million sale of The Shops at Eagle Pointe, a 26,960-square-foot retail center located in the Atlanta suburb of Woodstock.
Whittier, Calif. — HFF has arranged the $12.6 million sale of a 24,866-square-foot building triple-net-leased to Sprouts Farmers Market in Whittier, about 20 miles southeast of Los Angeles.
Raleigh, N.C. — CBRE | Raleigh has arranged the $8.6 million sale of a six-property Dollar General portfolio located throughout North Carolina.
Rosemount, Minn. — Rosemount Crossing LLC has sold Rosemount Crossing, a 44,194-square-foot shopping center, for $7.6 million.
Austin, Texas — EDGE Realty Capital Markets has arranged the sale of The Grove at Lakeline, a 16,253-square-foot retail property located in Austin.
Cronheim Mortgage Secures $117.5 Million Financing for Madison Farms Mixed-Use Development in Pennsylvania
Bethlehem, Pa. — Cronheim Mortgage has secured $117.5 million in permanent and construction financing for Madison Farms, a mixed-use development in Bethlehem, located north of Philadelphia and west of New York…
Duluth, Ga. — Forge Capital Partners has sold Duluth Station, a 94,966-square-foot shopping center located in the Atlanta suburb of Duluth, Georgia, for $9.75 million.
Canton, Ga. — Preferred Apartment Communities Inc. has acquired Woodmont Village, an 85,639-square-foot shopping center located 40 miles outside Atlanta in Canton, Georgia.
The U.S. economy added 156,000 jobs in August, falling short of expectations but not enough to sound alarm bells. In advance of the report released Sept. 1 by the Bureau of…
Allen Park, Mich. — Mid-America Real Estate Corp. has arranged the sale of Fairlane Green, a 95,490-square-foot shopping center located in the Detroit suburb of Allen Park.
Scranton, Pa. — PREIT has announced the opening of HomeGoods, Dick’s Sporting Goods and Field & Stream in a space formerly occupied by Sears at Viewmont Mall in Scranton.
Altoona, Pa. — PREIT has sold Logan Valley Mall, a regional mall located in Altoona, Pennsylvania, for $33.2 million.
The Picerne Group, Shopoff Realty Break Ground on Phase I of 25-Acre Mixed-Use Development in California
Newport Beach, Calif. — A joint venture between The Picerne Group and Shopoff Realty Investments has broken ground on Phase I of Uptown Newport, a 25-acre mixed-use development located in…
Dunwoody, Ga. — Marcus & Millichap has arranged the $8.6 million sale of a three-tenant retail property located near Perimeter Mall in the Atlanta suburb of Dunwoody.
Progressive Arranges Sale of Retail Center, Signs Six New Tenants to Mixed-Use Development in California
San Jacinto and Corona, Calif. — Progressive Real Estate Partners has arranged the $4.9 million sale of Dollar General Town Center, a 27,112-square-foot retail center located in the Inland Empire…
Sugar Land, Texas — EDGE Realty Capital Markets has brokered the sale of Greenway Shopping Center, a 7,750-square-foot retail property located at 13400-13414 Greenway Drive in Sugar Land.
By: Chris Karl, design specialist for Ambius
Santa Clarita, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $15.5 million sale of Seco Canyon Village, a 42,134-square-foot shopping center located in Santa Clarita, 35 miles…
Cincinnati — OnSite Retail Group will oversee leasing of the retail portion of The District at Deerfield, a $140 million mixed-use development in Cincinnati.
Carrollton, Texas — Idaho-based grocer WinCo Foods has begun building an 82,077-square-foot store within Trinity Valley Shopping Center, a 300,000-square-foot shopping center located in Carrollton, Texas, roughly 19 miles outside…
Lithia Springs, Ga. — Katz Properties has acquired the Village at Westfork, a Kroger-anchored shopping center in Lithia Springs, for $11.6 million.
Los Angeles — Casper, an online mattress retailer, has launched a multi-city retail expansion in more than a dozen locations across North America.
Dallas — HFF has arranged the refinancing of Highland Park Village, a roughly 250,000-square-foot shopping center in Dallas.
Jackson, Tenn. — Chase Properties Ltd. has acquired The Columns, a 268,000-square-foot shopping center in Jackson.
Newport Beach, Calif. — Marcus & Millichap has announced that Scott Hook, formerly executive vice president at Coldwell Bank Commercial Advisors, has rejoined Marcus & Millichap as senior vice president…
San Diego — CBRE has announced that Young Hickory — a café offering local coffee, craft beer, breakfast and lunch — will open a 1,577-square-foot location at IDEA1, a mixed-use…
Seattle and Austin, Texas — Amazon (NASDAQ: AMZN) has officially closed its $13.7 billion acquisition of Whole Foods Market. The first order of business for the e-commerce giant is making…
Riverside, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $22.2 million sale of Michaels Plaza, a 62,952-square-foot retail center located adjacent to the 1.2 million-square-foot Galleria at…
Lombard, Ill. — Mid-America Real Estate Corp. has arranged the sale of a Mariano’s store in the Chicago suburb of Lombard for $20 million.
Cary, N.C. — Preferred Apartment Communities Inc. (PAC) has acquired Maynard Crossing, a 122,781-square-foot shopping center located in Cary, 11 miles east of Raleigh.
North Randall, Ohio — Amazon (NASDAQ: AMZN) has unveiled plans to open an 855,000-square-foot fulfillment center at the former site of Randall Park Mall in North Randall, roughly 15 miles…
Holladay, Utah — Mountain West Commercial Real Estate has arranged the sale of Van Winkle Shopping Center, a 168,494-square-foot retail center located in Holladay, 11 miles southeast of Salt Lake…
Des Moines, Iowa — New England Development has unveiled the tenant list for Outlets of Des Moines leading up to the grand opening on Oct. 20.
Hurst, Texas — Marcus & Millichap has arranged the sale of a 22,066-square-foot retail property located in Hurst, 25 miles west of Dallas.
Laguna Niguel, Calif. — Keystone Mortgage Corp. has secured a $60 million refinancing for Plaza de la Paz, a 295,000-square-foot shopping center located in the Orange County community of Laguna…
Lake Elsinore, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $11.6 million sale of Oak Grove Crossing, a 22,577-square-foot shopping center located in Lake Elsinore.
San Diego, Calif. — Shea Properties has signed seven new tenants to open at Mercado del Barrio, a mixed-use center located in the Barrio Logan neighborhood of San Diego.
Oakland, Calif. — Lee & Associates has arranged the $2.5 million sale of a property net-leased to Bridgestone in Oakland.
Charlottesville, Va. — O’Connor Capital Partners has opened L.L.Bean, an outdoor apparel and footwear retailer, at the Shops at Stonefield, a 265,000-square-foot shopping center located roughly two miles north of…
Fort Lauderdale, Fla. — NAI Rauch Weaver Norfleet Kurtz & Co., a Fort Lauderdale affiliate of NAI Global, has arranged the $49.5 million sale of a four-store Walmart Neighborhood Market portfolio…
Atlanta — InvenTrust Properties Corp. has purchased The Plaza Midtown, a 70,000-square-foot, Publix-anchored retail center in Atlanta’s Midtown district, for $31.8 million.
Foothill Ranch, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $5.7 million sale of a two-tenant retail building located in Foothill Ranch, California.
Plano, Texas — Provident Realty Advisors will develop The Legacy at Spring Creek, a 37-acre mixed-use project located at the corner of Dallas North Tollway and Spring Creek Parkway in…
Sterling Heights, Mich. — Time Equities Inc. (TEI) has acquired Clinton Valley Shopping Center, a 205,435-square-foot retail center located in the Detroit suburb of Sterling Heights, for $23.5 million.
Anaheim, Calif. — Savills Studley has arranged the $18.5 million sale of Anaheim Lincoln Shopping Center, a 72,950-square-foot retail center located roughly 27 miles outside Los Angeles in Anaheim.
Atlanta — Atlanta-based The Home Depot has announced plans to add solar installations to the rooftops of 50 stores in six states.
Folsom, Calif. — Marcus & Millichap has arranged the $39.6 million sale of Walmart Central Shopping Center, a 139,277-square-foot retail center located 21 miles northeast of Sacramento in Folsom, California.
Benton, Ark. — GBT Realty has opened The Shoppes of Benton, a $36 million shopping center in Benton, roughly 25 miles southwest of Little Rock.
Egg Harbor Township, N.J. — Wolfson Group has announced that Walmart Supercenter has opened as the anchor tenant at Oak Tree Plaza in Egg Harbor Township.
Structured Development Acquires Office Building in Chicago, Plans 200,000-Square-Foot Mixed-Use Development
Chicago — Structured Development has acquired a 40,000-square-foot loft office building in Chicago’s Lincoln Park for an undisclosed price.
Chula Vista, Calif. — Sudberry Properties and Ayres Hotels have broken ground on Millenia Commons, a 131,800-square-foot “lifestyle destination center” and a 135-room Ayres Hotel in the San Diego suburb…
Acton, Mass. — Atlantic Management has completed the disposition of Powder Mill Plaza, a retail property located roughly 22 miles northwest of Boston in Acton, Massachusetts.
Riverview, Fla. — Batson-Cook Development Co. (BCDC), in a joint venture with Dunphy Properties, has sold Rivercrest Commons, a Publix-anchored shopping center in Riverview, for $21.7 million.
Huber Heights, Ohio — Marcus & Millichap’s Institutional Property Advisors division has arranged the sale of North Heights Plaza shopping center in Huber Heights, a suburb of Dayton.
Yoga studios, like other non-traditional use spaces, can have a positive impact for a center. A popular studio can bring not only revenue from the lease itself, but also increased…
Philadelphia — KeyBank Real Estate Capital has provided a $44.7 million refinancing for two buildings in the Art Museum neighborhood of Philadelphia.
Chino, Calif. — Savills Studley has negotiated the sale of Chino Spectrum Towne Center, a 459,969-square-foot shopping center located in Chino.
Tucson, Ariz. — HFF has arranged the $21.5 million sale of Ventana Village, a 110,116-square-foot shopping center located in Tucson, Arizona.
Colorado Springs, Colo. — Vintage Companies has received an $8.8 million refinancing for Rampart Village Center, a five-building retail center totaling 96,296 square feet in Colorado Springs, Colorado.
Savannah and Macon, Ga. — RCG Ventures has sold two retail properties located in Georgia.
Las Vegas — JLL Income Property Trust has acquired Montecito Marketplace, a 190,000-square-foot shopping center located in Las Vegas.
Dania Beach, Fla. — Kimco Realty Corp. (NYSE: KIM) has broken ground on the Phase I retail portion of Dania Pointe, a mixed-use project in Dania Beach, a beachside suburb of…
New York City — Champs Sports, a division of Foot Locker Inc., is set to open a two-story flagship store at 10 Times Square in New York City.
Pharr, Texas — Houston-based developer Levcor Inc. has received a $78 million loan to refinance existing construction debt on Pharr Town Center, a 466,950-square-foot retail center in the South Texas city…
Atascocita, Texas — Los Angeles-based Westwood Financial Corp. has acquired Market at Lake Houston, a 101,791-square-foot, H-E-B-anchored retail center in the Houston suburb of Atascocita.
Fontana, Calif. — Faris Lee Investments has arranged the $20.7 million sale of Southridge Plaza, a 119,359-square-foot shopping center located nine miles west of San Bernardino in Fontana, California.
Augusta, Ga. — Big V Capital LLC has acquired Colony Plaza, a 216,693-square-foot shopping center located in Augusta, Georgia.
Trinity, Fla. — Sleiman Enterprises has purchased Shoppes at Trinity Lakes, a shopping center located 30 miles north of Tampa in Trinity, for $18 million.
Provo, Utah — California-based real estate investment firm Brixton Capital will invest approximately $80 million in the repositioning of Provo Towne Center, an 800,000-square-foot mall in Provo, located about 45 miles…
Houma, La. — Chase Properties Ltd. has purchased Magnolia Square, a 242,000-square-foot shopping center located in Houma, 60 miles southwest of New Orleans.
Southern California — Federal Realty Investment Trust has formed a joint venture with Primestor Development Inc. to acquire seven retail properties in Southern California.
Terrell, Texas — Schulman Theatres will develop Film Alley Movie Entertainment Center, a 74,000-square-foot facility that will be located at the corner of Interstate 20 and FM 148 in Terrell…
Bakersfield, Calif. — CBRE in conjunction with the National Retail Partners-West (NRP-West) team has brokered the sale of Riverlakes Village, a grocery-anchored shopping center in Bakersfield.
Los Angeles — Westwood Financial, a shopping center investment firm based in Los Angeles, has received $171 million in financing in two separate loan transactions.
Honolulu, Hawaii — Colliers International has arranged the $42.3 million sale of a flagship Walgreens store located across from Ala Moana Center in Honolulu, Hawaii.
Gaines Township, Mich. — Mid-America Real Estate Corp. has arranged the sale of Gaines Marketplace, a 60,576-square-foot shopping center located in the Grand Rapids suburb of Gaines Township, Michigan.
Phoenix — Cushman & Wakefield has arranged the sale of Camelback Center, a 32,963-square-foot shopping center located in Phoenix.
Phoenix — Harbert Management Corp. has acquired an ownership stake in High Street, a 628,000-square-foot mixed-use development located in Phoenix. Although the sale price was not disclosed, the buyer received…
Brookhaven, Pa. — Katz Properties has completed the disposition of Brookhaven Shopping Center, a 211,758-square-foot retail center located 15 miles outside Philadelphia in Brookhaven.
South Portland, Maine — HFF has arranged the $16.5 million sale of and secured $12.6 million in acquisition financing for Mallside Plaza, a 98,948-square-foot shopping center located in South Portland…
Miami — HFF has arranged a refinancing for the 126,453-square-foot retail component of Downtown Dadeland, a mixed-use development comprising seven buildings in Miami.
Tampa and Dunedin, Fla. — The Shopping Center Group has arranged the sale of two shopping centers in metro Tampa: Northbay Commerce Center in Tampa and Weathersfield Commons in Dunedin…
Irmo, S.C. — Preferred Apartment Communities (PAC) has purchased Irmo Station, a 99,384-square-foot shopping center in Irmo, roughly 12 miles northwest of Columbia.
ICSC’s annual RECon Convention in Las Vegas is a great opportunity to get a pulse of the industry. Each May, the trends and themes expressed at RECon are a great…
Richmond, Calif. — LBG Real Estate Cos. and Aviva Investors have purchased Hilltop Mall, a 1.1 million-square-foot regional mall located 20 miles northeast of San Francisco in Richmond, for an…
Bluffton, S.C. — Matthews Real Estate Investment Services has arranged the $22 million sale of Low Country Village, a 140,000-square-foot shopping center in Bluffton, roughly seven miles west of Hilton Head.
Plano, Texas — HFF has secured $17.7 million in post-acquisition financing for Creekwalk Village, a 174,484-square-foot retail power center situated on 14.7 acres at 801 W. 15th St. in Plano.
Cookeville, Tenn.— Fimiani Development Corporation has acquired Willow Tree Plaza in Cookeville, Tennessee, for $4.2 million.
New York City — Houlihan-Parnes Realtors has arranged a $52.5 million first mortgage loan for a 285,000-square-foot office and retail property located at 2501 Grand Concourse in the Bronx neighborhood…
Dallas — Florida-based Foundry Commercial and its capital partner, San Francisco-based Stockbridge, have acquired Northview Plaza, a 116,099-square-foot retail center located at 19674 E. Northwest Highway in Dallas.
Hagerstown, Md. — PREIT has signed a lease with Belk to join Valley Mall in Hagerstown.
Southlake, Texas — Southlake-based N3 Real Estate has received $20 million in refinancing for a portfolio of eight retail centers totaling 172,152 square feet in various cities throughout Texas.
New York City — Global fashion retailer Michael Kors has agreed to acquire Jimmy Choo, a London-based luxury footwear and accessories brand, for approximately $1.35 billion.
Belton, Mo. — Christie Development has broken ground on the $63 million second phase of construction for Belton Gateway in Belton, about 20 miles south of Kansas City.
Oak Brook, Ill. — Inland Real Estate Group has arranged the sale of 49 newly developed CVS/pharmacy properties across 16 states for more than $211 million.
Camp Hill, Pa. — PREIT is repositioning Capital City Mall near Harrisburg with multiple new tenants.
Bartlett, Tenn. — HFF has arranged the sale of Bartlett Towne Center, a 192,624-square-foot shopping center located in Bartlett, Tennessee, roughly 13 miles outside Memphis.
Corona, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $28.6 million sale of Sierra Del Oro Towne Centre, a 110,004-square-foot shopping center located in Corona, roughly 48…
Glen Allen, Va. — The Peterson Cos. has opened the first Publix in Virginia at Nuckols Place, a shopping center located in Glen Allen, roughly 13 miles north of Richmond.
Lake Forest, Calif. — Faris Lee Investments has arranged the $2.5 million sale of a 1,800-square-foot, single-tenant property occupied by Starbucks Coffee in Lake Forest, California.
Morristown, N.J. — The Hampshire Cos., in a joint venture with Seoul, South Korea-based Hana Asset Management Co., has acquired a six-store Walmart Neighborhood Market portfolio in southern Louisiana.
Chicago — Industry veteran David Gorelick, a renowned Simon Property Group and Ralph Lauren Corporation executive, will join Chicago-based Cushman & Wakefield as executive managing director and head of retail…
Buford, Ga. — HFF has arranged the sale of Golden Park Village, a 68,738-square-foot shopping center located in the Atlanta suburb of Buford, Georgia.
San Antonio — El Paso-based investment firm Mimco Inc. has acquired 5530 Walzem Road, a 100,000-square-foot shopping center in San Antonio.
Chula Vista, Calif. — HFF has arranged the $42 million sale of Gateway Marketplace, a 127,861-square-foot shopping center located in Chula Vista, roughly nine miles outside San Diego.
San Francisco — The Gymboree Corporation plans to close approximately 350 stores, mainly across the Gymboree and Crazy 8 brands.
Dallas and Denton, Texas — Disney Investment Group (DIG) has arranged the sale of two shopping centers located in Dallas and Denton, Texas.
Random, W.Va. — A joint venture between Heidenberg Properties Group and Strategic Real Estate Partners has purchased The Potomac Marketplace, a 370,000-square-foot shopping center located along Route 9 in Ranson.
Portland, Ore. — Kimco Realty Corp. (NYSE: KIM) has acquired Jantzen Beach Center, a 746,000-square-foot open-air shopping center in Portland, for $131.8 million.
Natixis Provides $54.5 Million in Financing for Redevelopment of Cheltenham Square Mall in Metro Philadelphia
Cheltenham, Pa. — Natixis has originated a $54.5 million floating-rate loan for the redevelopment of the former Cheltenham Square Mall located in Cheltenham, roughly 12 miles outside Philadelphia.
CBRE Global Investors, Universal-Investment Purchase Mixed-Use Property in Miami Beach for $283 Million
Miami Beach, Fla. — CBRE Global Investors and German investment company Universal-Investment have purchased 1111 Lincoln, a 146,327-square-foot mixed-use property in Miami Beach.
San Luis Obispo, Calif. — HFF has arranged the $43.6 million sale of Marigold Center, a 174,428-square-foot shopping center located in San Luis Obispo.
Cary, N.C. — The Sembler Co. has unveiled plans to develop a 72,000-square-foot, Publix-anchored shopping center in Cary, roughly 11 miles west of Raleigh.
St. Augustine, Fla. — American Commercial Realty Corp. (ACR) has acquired the Shops at World Golf Village, the retail component of World Golf Village in St. Augustine, located roughly 30…
Raleigh, N.C. — Continental Realty Corp. (CRC) has sold Creekside Crossing, a 60,499-square-foot shopping center located at 404 E. Six Forks Road in Raleigh, for $10.1 million.
Hilliard, Ohio — RCG Ventures has acquired Mill Run Square in Hilliard, a suburb of Columbus.
Las Vegas — Eyzenberg & Co. has secured an $18.1 million refinancing for The Shoppes at Harmon Square, a 31,384-square-foot retail center located across from the Hard Rock Hotel …
Montebello, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of a single-tenant building occupied by LA Fitness.
Dallas — Rainier Realty Investments has acquired Wheatland Towne Crossing, a 207,669-square-foot retail center located in Dallas.
Parsippany, N.Y. — RD Management, JMF Properties and Ripco Real Estate Corp. have broken ground on Waterview Marketplace, a shopping center located roughly 27 miles outside New York City in Parsippany.
Daytona Beach, Fla. — Avison Young has arranged the $20 million sale of Volusia Marketplace, a 131,361-square-foot shopping center located across from the Daytona International Speedway in Daytona Beach, Florida.
Stockton, Calif. — Faris Lee Investments has arranged the $7 million sale of The Shops at Hammer & West, a 15,314-square-foot strip center located in Stockton, California.
San Antonio, Texas — San Antonio-based developer StrEat Park LLC has broken ground on Brooklyn StrEat Food Park, a $2.5 million project located at 201 Burnet St. in San Antonio.
Beck Ventures Begins Demolitions for Phase I of $4 Billion Mixed-Use Project at Former Valley View Mall Site in Dallas
Dallas — Beck Ventures has begun demolishing Valley View Mall to make way for Dallas Midtown, a $4 billion mixed-use project that will encompass more than 400 acres.
Austin, Texas — Capital Metro and a partnership between Endeavor Real Estate Group and Columbus Realty Partners have broken ground on Plaza Saltillo District, an 11-acre, transit-oriented development near downtown Austin.
Weehawken, N.J. — Hartz Mountain Industries has broken ground for Whole Foods Market 365 at Lincoln Harbor, a mixed-use development on the Weehawken waterfront in New Jersey.