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Troy, Mich. — Juniper Capital Group has arranged a $10.5 million bridge loan for the acquisition of Cross Creek, a 141,468-square-foot shopping center in Troy, Michigan.
Stamford, Conn. — Marcus & Millichap has brokered the $5.5 million sale of a retail center in Stamford, Connecticut.
New York City — Global coworking provider WeWork has closed on its $850 million purchase of the Lord & Taylor Building, a landmark Midtown Manhattan asset located at 424-434 Fifth Ave…
Boynton Beach, Fla. — A joint venture between MMG Equity Partners and Global Fund Investments has sold Whitworth Farms, an 88,424-square-foot, Publix-anchored shopping center in Boynton Beach, Florida, for $19.4 million.
Roanoke, Va. — BC Wood Properties has acquired Ivy Market, a 31,073-square-foot shopping center situated three miles south of downtown Roanoke, Virginia.
Orlando, Fla. — Retail Value Inc. (RVI) has sold the fully leased Millenia Plaza, a 411,503-square-foot power retail center in Orlando, Florida, for $56.4 million.
Atlanta and Alpharetta, Ga. — Hobby Lobby has filled two former Toys ‘R’ Us locations in metro Atlanta. The first site is a 58,907-square-foot space within Akers Mill Shopping Center…
Austin, Texas — Strive Real Estate has arranged the sale of a 12,085-square-foot, single-tenant building in Austin, Texas, occupied by Sherwin Williams.
Hesperia, Calif. — Progressive Real Estate Partners has signed Culichi Town Restaurant to a 10th location in California.
Red Bluff, Calif. — SRS Real Estate Partners has arranged the sale of a single-tenant retail property in Red Bluff, California.
Madison Heights, Mich. — Gerdom Realty & Investment has arranged the sale of a single-tenant retail property net leased to Sprint in the Detroit suburb of Madison Heights, Michigan, for…
Atlanta — Candytopia has opened its doors at Lenox Square in Atlanta’s Buckhead district.
Mesa, Ariz. — SVN Desert Commercial Advisors has arranged the sale of a shopping center, located at 810-848 S. Alma School Road in Mesa, Arizona.
Burr Ridge, Ill. — Edwards Realty Co. and Core Acquisitions have acquired Burr Ridge Village Center in suburban Chicago for $15 million.
Mount Airy, N.C. — WRS Inc. Real Estate Investments has purchased Mayberry Mall, a 207,542-square-foot regional mall located at 338 Frederick St. in Mount Airy, North Carolina.
Santa Monica, Calif. — Supermodel-turned-entrepreneur Tyra Banks has announced plans for Modelland, an interactive model experience that is scheduled to open in late 2019 in Santa Monica, California.
Grand Rapids, Mich. — NAI Wisinski of West Michigan has negotiated the sale of Grand Central Plaza in Grand Rapids for an undisclosed price.
Sedona, Ariz. — Cushman & Wakefield has arranged the sale of Coyote Station, located at northeast corner of State Route 179 and Cortez Drive in Sedona, Arizona.
Farmington, Mich. — Mid-America Real Estate has arranged the sale of Downtown Farmington Center in Farmington, Michigan.
Austin, Texas — Punch Bowl Social — an entertainment concept that centers on artisanal food, beverages and parlor-style entertainment — will open a 23,038-square-foot venue in the Scarborough Building, a…
East Lansing, Mich. — Crunch Fitness has signed a lease to occupy a 27,835-square-foot building near Michigan State University.
Elkins, W.Va. — Home improvement store Busy Beaver is set to open a location in Elkins, West Virginia, on April 10.
Hanley Investment Group Arranges $2.4 Million Sale of Single-Tenant Jack in the Box in the Inland Empire
Fontana, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $2.4 million sale of a single-tenant Jack in the Box in Fontana, California.
San Diego — Charlotte Russe Holdings Corp. has filed for Chapter 11 bankruptcy in Delaware.
New York City — Saks Fifth Avenue has opened the newly remodeled 53,000-square-foot main floor of its flagship location in Manhattan.
Garden Grove, Calif. — Valore Ventures has closed on fee simple interest in four brand-name restaurants in Garden Grove, California, for $13.1 million.
Newport Beach, Calif. — CBRE has arranged the sale of a retail and showroom property, located at 2510-2530 West Coast Highway in Newport Beach, California.
Phenix City, Ala. — Halpern Enterprises has signed Culver’s and Aldi to join the tenant lineup at Phenix City Marketplace in Phenix City, Alabama.
Chicago — Velvet Taco, a Texas-based fast casual restaurant, will open its second Chicago location at Lincoln Common, a mixed-use project located in the heart of Chicago’s Lincoln Park.
Marcus & Millichap Arranges $1.3 Million Sale of New Family Dollar-Occupied Building Near Athens, Georgia
Hull, Ga. — Marcus & Millichap has arranged the $1.3 million sale of a Family Dollar-occupied building in Hull, Georgia, about seven miles north of Athens.
Clarkston, Mich. — Crispelli’s Bakery & Pizzeria has signed a 3,892-square-foot lease in Clarkston, Michigan.
Four Corners Property Trust Buys Outback Steakhouse-Occupied Property in New Mexico for $3.9 Million
Mill Valley, Calif.— Mill Valley, California-based Four Corners Property Trust has purchased a restaurant property located in New Mexico for $3.9 million.
Katy, Texas — Marcus & Millichap has arranged the sale of a 10,500-square-foot retail property net-leased to Walgreens in Katy, Texas, a western suburb of Houston.
Nashville, Tenn. — Branch Properties LLC and Crosland Southeast have sold One Bellevue Place, a 355,240-square-foot power retail village in Nashville, Tennessee’s Bellevue neighborhood.
San Antonio — SRS Real Estate Partners has arranged the sale of Military Crossing, a 171,318-square-foot shopping center in San Antonio.
Altamonte Springs, Fla. — HFF has arranged the $8 million sale of Village Shoppes at Altamonte, a 35,381-square-foot retail center in Altamonte Springs, Florida.
Orlando, Fla. — O’Connor Capital Partners has signed Alamo Drafthouse Cinema to be the anchor tenant of the third phase of Vineland Pointe, a 450,000-square-foot retail development in Orlando, Florida.
Troy, Mich. — The City of Troy Planning Commission has approved the final site plan for a new 9,844-square-foot retail center at the southeast corner of Tower Drive and Crooks…
Brockton, Mass. — Fantini & Gorga has arranged a $2.4 million acquisition loan for Eastway Plaza, a two-building retail plaza in Brockton, Massachusetts.
As 2018 wound to an end, the national unemployment rate hovered just under 4 percent, consumer confidence hit an 18-year high and wage growth reached a nine-year high.
Morrow, Ga. — A partnership between two New York-based investment firms, CityView Commercial LLC (CVC) and Jacobs Real Estate Advisors (Jacobs REA), has purchased Southlake Mall in metro Atlanta.
Elgin, Ill. — The Boulder Group has arranged the sale of a single-tenant property net leased to Jewel-Osco in this Chicago suburb of Elgin, Illinois, for $14.8 million.
Maynard, Mass. — Capital Group Properties and SRS Real Estate Partners have announced that Market Basket Supermarket will be the anchor grocery store for the Maynard Crossing mixed-use project in…
Las Vegas — City Sunstone Properties has completed the sale of Blue Diamond Marketplace, a neighborhood retail center located in Las Vegas.
Springfield, N.J. — Cronheim Mortgage has secured a $5 million loan to refinance an 80,000-square-foot retail center in Springfield, New Jersey.
Eatontown, N.J. — Stafford Smith Realty has arranged the $4.4 million sale of Tower Market Shopping Center in Eatontown, New Jersey.
Houston — HomeGoods Inc. will open a 20,000-square-foot store at Weslayan Plaza Shopping Center, a 354,000-square-foot retail center located on the west side of Houston.
Orange Village, Ohio — The developers behind Pinecrest in suburban Cleveland have obtained a $171.5 million loan to refinance the 750,000-square-foot mixed-use project.
Houston — HFF has arranged the sale of Northwood Plaza, a 136,747-square-foot, grocery-anchored retail center in Houston.
Arlington, Texas — JLL has negotiated the sale of a 63,124-square-foot retail property leased to Albertsons in Arlington, Texas.
Manhattan Beach, Calif. — DWS Group has broken ground on Village Shops, the next phase of Manhattan Village, a 44-acre, 573,000-square-foot mixed-use development in Manhattan Beach, California.
Crestwood, Ky. — SRS Real Estate Partners has arranged the $3.5 million sale of Crestwood Crossing, a 19,129-square-foot retail center in Crestwood, Kentucky, located 19 miles west of Louisville.
TravelCenters of America Agrees to Purchase 20 Assets from Hospitality Properties for $308.2 Million
Newton Mass. And Westlake, Ohio — TravelCenters of America LLC (NASDAQ: TA) has agreed to purchase 20 truck stop locations from its primary landlord, Hospitality Properties Trust (NASDAQ: HPT), for…
Washington, D.C. — KeyBank Real Estate Capital has provided a $30.3 million construction loan for a planned 67,000-square-foot, two-story retail property that will be fully leased to Target upon completion.
Upper Marlboro, Md. — Finmarc Management Inc. has acquired Largo Town Center, a 280,000-square-foot shopping center in Upper Marlboro, Maryland, for $43.9 million.
Alexandria, Va. — KeyBank has provided a $25.3 million CMBS refinancing loan for Rose Hill Plaza, a 145,925-square-foot shopping center in Alexandria, Virginia.
Barrington, Ill. — The Boulder Group has arranged the sale of a 59,885-square-foot single-tenant property net-leased to Jewel-Osco in the Chicago suburb of Barrington, Illinois, for $12.8 million.
SRS Real Estate Partners Arranges $3 Million Sale of Del Taco-Occupied Property in the Inland Empire
Lake Elsinore, Calif. — SRS Real Estate Partners’ National Net Lease Group has arranged the sale of a single-tenant retail property located in Lake Elsinore, California.
Encinitas, Calif. — Colliers International and JLL have negotiated the purchase of Encinitas Marketplace, a neighborhood retail center in Encinitas, California.
Hoffman Estates, Ill. — Former Sears CEO Edward Lampert has won a bankruptcy auction for Sears Holdings Corp., according to The Wall Street Journal and other media reports.
Royal Palm Beach, Fla. — HFF has arranged the $4 million sale of Villages Shoppes II on 441, a 44,032-square-foot retail center in Royal Palm Beach, Florida.
Lake in The Hills, Ill. — Brookline Real Estate & Investments has arranged the $2.6 million sale of a 6,584-square-foot retail building in Lake in the Hills, Illinois, about 45…
Las Vegas — Wynmark Co. has sold Shadow Mountain Marketplace, a 359,103-square-foot retail center in Las Vegas, to a private investor for $67.3 million.
Longmont, Colo. — HFF has arranged the sale of Harvest Junction, a 367,918-square-foot shopping center in Longmont, Colorado.
Sanford, Fla. — Weingarten Realty Investors has sold the Marketplace at Seminole Towne Center, a 484,520-square-foot retail center in Sanford, Florida, to a partnership between Fairbourne Properties and CBRE Global…
Naperville, Ill. — Cushman & Wakefield has arranged a $12 million loan for the refinancing of River Square in the Chicago suburb of Naperville, Illinois.
Hanley Investment Group Arranges $5 Million Sale of Building Leased to Raising Cane’s in Metro Minneapolis
Coon Rapids, Minn. — Hanley Investment Group Real Estate Advisors has arranged the sale of a new single-tenant building occupied by Raising Cane’s Chicken Fingers in Coon Rapids, Minnesota, for…
Liberty, Mo. — Block & Co. Inc. Realtors has negotiated the sale of a 19,900-square-foot retail building in Liberty, Missouri, a northeastern suburb of Kansas City.
Raleigh, N.C. — Loden Properties has sold a two-tenant shopping center located adjacent to North Carolina State University’s Raleigh Campus for $7.4 million.
Atlanta — Selig Enterprises has added two new food and beverage tenants at The Works, a $1 billion mixed-use development underway on 80 acres in Atlanta’s Upper Westside neighborhood.
Sachse, Texas — PMB Capital Investments, a Dallas-based development and investment firm, will develop The Station, a $250 million mixed-use destination that will be located in Sachse, a northeastern suburb of…
Atlanta — CBRE’s National Retail Partners has arranged the sale of Midtown Promenade, a 110,988-square-foot shopping center located in Midtown Atlanta.
Wellington, Fla. — HFF has arranged the sale of The Plaza at Wellington Green, a 57,221-square-foot shopping center located in the Palm Beach County community of Wellington.
Gardena, Calif. — SRS Real Estate Partners has arranged the sale of Gardena Plaza, a 55,705-square-foot shopping center located 13 miles southwest of Los Angeles in Gardena.
Beverly Hills, Calif.— HFF has arranged a $160 million refinancing for a 28,114-square-foot retail property located on Rodeo Drive in Beverly Hills.
Chico, Calif. — Newmark Knight Frank (NKF) has arranged the sale of Chico Mall, a regional mall located in Chico, California.
Chapel Hill, N.C. — Madison Marquette has sold University Place, a 372,190-square-foot shopping center in Chapel Hill, for $51.5 million.
St. Louis — Lawrence Group, the developer for City Foundry STL, has unveiled that the 30,000-square-foot food hall at the mixed-use project is now 50 percent preleased.
Alcoa, Tenn. — SRS Real Estate Partners has arranged the sale of Hamilton Crossing, a 175,464-square-foot shopping center located in the Knoxville suburb of Alcoa.
Southern Pines, N.C. — Hendricks Commercial Properties has sold Southern Pines Village, a 179,276-square-foot shopping center in Southern Pines, North Carolina.
Henrietta, N.Y. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $20 million sale of South Town Plaza in Henrietta, New York.
Augusta, Ga. — The Palomar Group has arranged the $15 million sale of a single-tenant Walmart Supercenter in Augusta, Georgia.
Jackson, Mich. — Mid-America Real Estate has arranged the sale of Jackson West, a 209,800-square-foot shopping center in Jackson, Michigan.
Spring and Clute, Texas — Houston-based investment firm Williamsburg Enterprises has purchased two retail centers totaling 178,977 square feet in metro Houston.
Martin Zurauskas: Integrating Entertainment Into Retail Destinations — It’s More Than Just a Movie Theater
The perception versus reality of the “demise” of traditional retail has long been disconnected. Much of this disconnect is centered on a misunderstanding of retail’s role in the lives of…
Hoffman Estates, Ill. — Sears Holdings Corp. (NASDAQ: SHLDQ) has reached a temporary deal to avoid liquidation and keep 425 of its stores open, according to media sources.
Wilmette, Ill. — Newport Capital Partners has acquired Edens Plaza, located 17 miles north of Chicago in Wilmette, Illinois, for $72 million.
Smyrna, Tenn. — An affiliate of Yale Realty Services Corp. has purchased The Marketplace at Smyrna, a 161,000-square-foot shopping center located 21 miles southeast of Nashville in Smyrna, for $27.4…
San Bernadino, Calif. — Brixmor Property Group has completed the sale of San Bernardino Target Center, a shopping center located at 499 W. Orange Show Road in San Bernardino, California.
Lee’s Summit, Mo. — Block & Co. Inc. Realtors has arranged the sale of Valle Vista shopping center, located 20 miles southeast of Kansas City in Lee’s Summit.
Woodbury, Minn. — HFF has arranged the sale of CityPlace, a mixed-use development located in Woodbury, Minnesota.
Lake Charles, La. — Chase Properties has purchased Prien Lake Shopping Center in Lake Charles, Louisiana.
Mountain Brook and Vestavia Hills, Ala. — Publix Super Markets will acquire two Western Supermarket locations in Alabama as the grocer expands its Birmingham, Alabama, footprint.
Paramus, N.J. — Deka Immobilien GmBH has acquired Paramus Junction, a fully leased, grocery-anchored shopping center located in the New York City suburb of Paramus, New Jersey.
Roanoke, Va. — Quantum Real Estate Advisors has arranged the sale of two properties occupied by Walgreens in Roanoke, Virginia.
Austell, Ga. — AFJ Properties LLC has sold Mayberry Square, a 9,000-square-foot retail center in Austell, Georgia, for $3 million.
Phoenix — Orion Investment Real Estate has negotiated the sale of Bell Canyon Plaza, a multi-tenant retail center located in Phoenix.
Sugar Land, Texas — Sprouts Farmers Market, a specialty grocer based in Phoenix, plans to open a new store in Sugar Land, Texas, on Wednesday, Jan. 16.
New York City — Cushman & Wakefield has arranged the $7 million sale of an 8,730-square-foot retail building in the Jackson Heights neighborhood of Queens.
Fort Worth, Texas — 2GR Equity, in a joint venture with Paravest Capital and StreetLevel Investments, will develop a 215,000-square-foot retail power center at the corner of Chisholm Trail Parkway…
Santa Ana, Calif. — Sunflower Plaza Co. has completed the sale of Sunflower Plaza, a shopping center located in Santa Ana, California.
Kirkwood, Mo. — Hanley Investment Group Real Estate Advisors has arranged the sale of Kirkwood Square near St. Louis for $8.2 million.
Plano, Texas — Metro Dallas-based development firm Centurion America has acquired the majority of the Collin Creek Mall in Plano, Texas, with plans to spend $1 billion to convert the…
Chesterfield, Mich. — The Cooper Commercial Investment Group has arranged the $14.7 million sale of Chesterfield Village, a 155,958-square-foot shopping center in Chesterfield, Michigan, about 35 miles north of Detroit.
Cushman & Wakefield Arranges $12.9 Million Sale of Craig Promenade Shopping Center in North Las Vegas
North Las Vegas, Nev. — Cushman & Wakefield has arranged the sale of Craig Promenade, a neighborhood shopping center located in North Las Vegas, Nevada.
Uber Capital Secures $9.8 Million Acquisition Financing for Shopping Center Near Little Rock, Arkansas
Conway, Ark. — Uber Capital Group LLC has secured $9.8 million in acquisition financing for the $12 million purchase of Conway Town Centre in Conway, Arkansas.
Sarasota, Fla. — Benderson Development has acquired a portfolio of 15 retail stores throughout the country that were formerly leased to Toys ‘R’ Us and Babies ‘R’ Us.
Trinity, Fla. — Construction is underway on The Village at Mitchell Ranch in Trinity, Florida.
Cold Spring, Ky. — Institutional Property Advisors (IPA) has arranged the $26 million sale of Cold Spring Crossing, a 325,383-square-foot retail center in Cold Spring, a Kentucky town located eight…
Allen, Texas — Texas-based Thakkar Developers, in partnership with CricRealty Co., will develop a 15,000-seat cricket stadium and 80-acre mixed-use development in Allen, a northeastern suburb of Dallas.
Sanford, N.C. — Chattanooga, Tennessee-based Hutton has broken ground on two adjacent retail development projects in Sanford, North Carolina.
Humble, Texas — Reign Enterprise Inc. will build a 14,350-square-foot, multi-tenant retail center on Will Clayton Parkway in the northern Houston suburb of Humble, Texas.
Katy, Texas — Katy Boardwalk District developers have unveiled plans for a lakefront entertainment hub in Katy, Texas.
Lexington, Ky. — An affiliate of Kimco Realty Corp. has sold South Park Shopping Center, a 216,235-square-foot retail center in Lexington, Kentucky.
Houma, La. — Hanley Investment Group Real Estate Advisors has arranged the $5.8 million sale of a Walgreens property in Houma, Louisiana.
Atlanta — Pellerin Real Estate has announced new tenants coming to The Beacon, a redevelopment project in Atlanta’s Grant Park neighborhood.
Aberdeen, N.J. — Basser Kaufman has signed LA Fitness to a 34,000-square-foot lease at Aberdeen Plaza in Aberdeen, New Jersey.
Roseville, Minn. — New Hyde Park has sold Roseville Plaza in Roseville, Minnesota, for $7.6 million to a joint venture between Roseville Holdings LLC and Roseville Properties LLC.
Sandy Springs, Ga. — A joint venture between RCG Ventures Fund III and a fund managed by DRA Advisors LLC has sold Sandy Springs Crossing in Sandy Springs, Georgia.
Valparaiso, Ind. — Quantum Real Estate Advisors has arranged the sale of Chandana Retail Center in Valparaiso, Indiana.
Detroit — Bedrock has broken ground on the 1.4 million-square-foot Monroe Blocks project on two city blocks at the corner of Monroe Street and Campus Martius in downtown Detroit.
The Woodlands, Texas — Moviehouse & Eatery will open its first location in metro Houston.
Anthem, Ariz. — SRS has arranged the $5.1 million sale of The Shops, a 35,710-square-foot shopping center in Anthem, Arizona, to an individual buyer.
Raleigh, N.C. — PN Hoffman has purchased Seaboard Station in the north end of downtown Raleigh from William Peace University (WPU) for $34 million.
Oxnard, Calif. — Investec Real Estate Cos. has partnered with DRA Advisors to acquire The Esplanade Shopping Center in Oxnard, California.
Atlanta — Whole Foods Market has officially opened two of the company’s Whole Foods Market 365 stores in the Atlanta-area.
Montgomery, Ill. — Jameson Commercial has arranged the $4.7 million sale of Season’s Ridge Plaza in Montgomery, Illinois, a western suburb of Chicago.
Corpus Christi, Texas — Brixmor Property Group has sold Five Points Shopping Center, a 276,593-square-foot retail center in Corpus Christi, Texas, to MIMCO.
Fort Lauderdale, Fla. — The Shopping Center Group (TSCG) has arranged the partial sale of Crossroads Square in Fort Lauderdale, Florida for $21.2 million.
Temecula, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of a 37,000-square-foot single-tenant property leased to LA Fitness in Temecula, California.
Roseville, Calif. — Armstrong Development has announced plans for Campus Oaks Town Center, a shopping center located at the corner of Blue Oaks Boulevard and Roseville Parkway in Roseville, California.
Bloomfield Hills, Mich. — The Sherwin-Williams Co. (NYSE: SHW) has agreed to a sale-leaseback transaction with net lease REIT Agree Realty Corp. (NYSE: ADC) for more than 100 retail properties. Agree will…
Las Vegas — Bellwether Enterprise Real Estate Capital has closed a $36 million permanent loan for Desert Marketplace, a shopping center located in Las Vegas.
Chesterfield County, Va. —Klein Enterprises has acquired two shopping centers located less than 20 miles southwest of Richmond in Chesterfield County.
Williamsport, Pa. — HFF has arranged the sale of Loyal Plaza, a 293,607-square-foot retail center located in Williamsport, Pennsylvania.
San Diego— A partnership between Seligman Group and Pendulum Property Partners has acquired Liberty Station, a 321,208-square-foot mixed-use center located in San Diego.
Columbus, Ohio — Easton Town Center is undergoing a significant expansion that will feature local and national retailers, breweries, restaurants, entertainment venues, hotels and public event space.
Palm Desert, Calif. — Paragon Commercial Group has sold a single-tenant, 45,648-square-foot property occupied by Walmart in Palm Desert, California.
Northville Township, Mich. — Associated Bank has provided a $14 million loan for the acquisition of Northville Park Place in Northville Township, Michigan.
Boca Raton, Fla. — Crocker Partners has unveiled plans to develop Restaurant Row, a 22,500-square-foot property set to feature four 5,000-square-foot restaurants with patios.
Denver — Evergreen Devco has purchased a 6.8-acre site at the northeast corner of 56th Avenue and Central Park Boulevard in the Stapleton neighborhood of Denver.
San Francisco — Newmark Knight Frank (NKF) has arranged a $125 million, fixed-rate loan to refinance 111 Maiden Lane and 201 Post Street in San Francisco.
Los Angeles — Asana Partners has purchased The Balcony at Beverwil, a shopping center located at the corner of Pico Boulevard and Beverwil Drive in Los Angeles.
Stockton, Calif. — A Northern California-based private partnership has sold College Square, a community shopping center located at 4756 Pershing Ave. in Stockton, California.
New York City — IKEA U.S. has announced that it will open its first store in Manhattan.
Atlanta — JLL Atlanta has hired Eric Weatherholtz as senior managing director.
New York City — Cushman & Wakefield has acquired Colicchio Consulting, a strategic management firm with a focus on food hall planning and development, restaurant curation and music and event…
Davenport, Fla. — Prep Property Group Inc. (PREP) has purchased Posner Commons, a 460,565-square-foot shopping center in Davenport, Florida, seven miles south of Disney World’s main entrance.
Raleigh, N.C. — Halpern Enterprises Inc. has completed Leesville Market Place, a 62,880-square-foot retail development in Raleigh, North Carolina.
Southeast, N.Y. — Urstadt Biddle Properties Inc. has acquired Lakeview Plaza Shopping Center in the town of Southeast, New York, for $12 million.
Humble, Texas — Floor & Décor will open a 79,864-square-foot store within Park Air 59, a 111-acre mixed-use development in Humble, Texas, located near Houston’s George Bush Intercontinental Airport.
Atlanta — GID and North American Properties (NAP) have formed a joint venture to develop High Street Atlanta, an 8 million-square-foot mixed-use project in Atlanta’s Dunwoody neighborhood.
Mansfield, Texas — Trez Forman Capital Group has provided a $59.3 million construction loan for Shops at Broad, a 193,825-square-foot retail power center in Mansfield, Texas, a southwestern suburb of…
Oldsmar, Fla. — Dallas-based Rainier Realty Investments LP has acquired Woodlands Square, a 315,000-square-foot power retail center in Oldsmar, Florida.
Los Angeles — SRS Real Estate Partners has hired Mike Rielly as senior vice president and managing principal in the company’s new Los Angeles office, scheduled to open in early…
Marina, Calif. — Shea Properties has sold The Dunes, a 233,892-square-foot retail center in Marina, California, for $45 million to a Southern California-based private investor.
Winnetka, Ill. — The Winnetka Village Council has given final approval to One Winnetka, a five-story retail-residential project in the Chicago suburb of Winnetka.
New York City — Progress Capital has arranged a $23 million loan to refinance a retail property in Harlem.
Chesterfield, Mich. — Grandbridge Real Estate Capital has secured a $43 million first mortgage loan for Waterside Marketplace, a 291,231-square-foot retail center in Chesterfield, located 25 miles north of downtown Detroit.
Nanuet, N.Y. — Metropolitan Realty Associates (MRA) is set to acquire a 218,000-square-foot Macy’s department store located within The Shops at Nanuet in Nanuet, New York.
Atlanta — Atlanta-based RCG Ventures has acquired The Landings, a 112,622-square-foot shopping center located in the Chicago suburb of Bolingbroke, Illinois.
Monroe, N.C. — Big V Property Group has acquired Poplin Place, a 227,669-square-foot shopping center located in the southern Charlotte suburb of Monroe for $28.3 million.
Orlando, Fla. — A joint venture between Collett Capital and Long Wharf Capital has acquired a 186,000-square-foot shopping center in Orlando for $26.2 million.
Edwardsville, Ill. — Contegra Construction is underway on a $6 million retail property in Edwardsville near St. Louis.
Taylorsville, Utah — Faris Lee Investments has arranged the sale of two single-tenant retail buildings located within Taylorsville Shopping Center in the Salt Lake City suburb of Taylorsville.
Naples, Fla. — Equity Sabal Bay MOB has sold Sabal Bay Centre in Naples, Florida, to a local investor for $5.8 million.
Woodbridge, Arlington Heights and O’Fallon, Ill. — Hanley Investment Group Real Estate Advisors has arranged the sale of three single-tenant retail properties in Illinois for a total of $5.2 million.
Adrian, Mich. — The Cooper Commercial Investment Group has arranged the $1.2 million sale of Adrian Plaza, an 8,000-square-foot shopping center in Adrian.
St. Charles, Mo. — Cullinan Properties has announced two new tenants set to open at the Streets of St. Charles, a 27-acre mixed-use development located in Missouri.
Hampton Roads, Va. — Divaris Real Estate Inc. (DRE) has added five retail properties totaling 303,694 square feet in the Hampton Roads area of Virginia to its leasing portfolio.
Conshohocken, Pa. — Wedding dress retailer David’s Bridal has filed for Chapter 11 bankruptcy protection. The Conshohocken-based company says it plans to keep its more than 300 David’s Bridal stores and…
Los Angeles — Nadel Architects has announced that construction is underway on Jordan Downs Plaza, a $24 million mixed-use development in Los Angeles.
Wellington, Fla. — PEBB Enterprises and Pebb Capital have sold the Shoppes at Isla Verde for approximately $74 million to MetLife Investment Management.
El Monte, Calif. — CBRE has arranged the sale of Santa Fe Trail Plaza, a grocery-anchored retail center located in El Monte, 13 miles east of Los Angeles.
Summerville, S.C. — Nexton and RealtyLink Commercial have announced a list of 22 tenants that will occupy Nexton Square, a shopping center in Summerville that is set to open this summer.
Lake Oswego, Ore. — HFF has arranged the sale of Oswego Village, a 102,809-square-foot shopping center located in the Portland suburb of Lake Oswego.
San Leandro, Calif.— Newmark Knight Frank has arranged the sale of Westgate Center, a grocery-anchored mixed-use retail center located in the San Francisco Bay Area community of San Leandro.
Piqua, Ohio — The Cooper Commercial Investment Group has arranged the sale of Market Place, a 182,487-square-foot, Kroger-anchored shopping center located in Piqua.
DRA Advisors, Pine Tree Acquire 171,339-Square-Foot Retail Center in Suburban Chicago for $32.5 Million
Kildeer, Ill. — A joint venture between DRA Advisors and Pine Tree LLC has acquired The Shops at Kildeer, a 171,339-square-foot retail center located in the Chicago suburb of Kildeer, for…
Cutler Enterprises Subsidiary Offers Pop Art Barn Doors as Alternative to Barricades for Vacant Retail Space
Marina del Rey, Calif. — A subsidiary of Marina del Rey-based Cutler Enterprises is set to offer Pop Art Barn Doors, a reusable alternative to traditional barricades used to block off…
Heidenberg Properties Acquires Shopping Center in Culpeper, Virginia from Regency Centers for $32.7 Million
Culpeper, Va. — Heidenberg Properties Group (HPG) has acquired Culpeper Colonnade in Culpeper, located midway between Charlottesville and Washington, D.C.
Chattanooga, Tenn. — CBL Properties is planning to redevelop a Sears building at its Hamilton Place mall in Chattanooga into a mixed-use project.
San Ramon, Calif. — Sunset Development Co. has opened City Center Bishop Ranch, a shopping, dining and entertainment development located in San Ramon’s Bishop Ranch area.
Murrieta, Calif. — Phillips Edison & Co. has purchased Sierra Vista Plaza, a value-add retail center located at 25030-25100 Hancock St. in Murrieta, for an undisclosed price.
New York City — New York City-based Thor Equities and Mexico City-based Thor Urbana are set to open three retail centers in Mexico.
Buford, Ga., and Northport, Ala.— Atlanta-based Watkins Real Estate Group has developed two Publix-anchored neighborhood retail centers in the suburbs of Atlanta and Tuscaloosa, Alabama, totaling more than 126,000 square…
Fort Oglethorpe, Ga.— United Properties has acquired Parkway Plaza, a retail center located in Fort Oglethorpe.
Fontana and Montclair, Calif. — Progressive Real Estate Partners has arranged the sale of two retail properties in California’s Inland Empire.
Cookeville, Tenn. — CBL Properties, along with Browning Development Solutions and CHM LLC, has opened The Shoppes at Eagle Point, a power retail center located in Cookeville.
Myrtle Beach, S.C. — Eyzenberg & Co. has secured a $26 million first mortgage bridge loan to replace a $22.6 million construction loan for THEBlvd, a mixed-use property in Myrtle Beach.
El Segundo, Calif.— Meridian Capital Group has secured a $16 million refinancing for The Hub – El Segundo, a retail property located in El Segundo, on behalf of Decron Properties.
Charlotte, N.C.— A joint venture between private equity firms Durational Capital Management LP and The Jordan Company LP have agreed to acquire chicken-and-biscuits chain Bojangles’ Inc. for $593.7 million in an all-cash…
Mooresville, N.C. — Lowe’s Cos. Inc. (NYSE: LOW) has unveiled its plans to close 20 underperforming stores in the United States as part of its ongoing strategic reassessment. Additionally, the company…
Vero Beach, Fla. — The Simpson Organization has announced plans for a multi-million dollar renovation of Vero Beach Outlets in Florida.
Hoover, Ala. — Boyle Investment Co.’s Midsouth Capital Fund has completed the sale of Whole Foods Market Plaza, a retail property situated on 18.9 acres at 3780 Riverchase Village in Hoover…
Forked River, N.J. — HFF has arranged the sale of Sunrise Plaza, a 255,940-square-foot retail center located in Forked River.
Beaumont, Texas — CBL Properties has announced plans to redevelop the former Macy’s location at Parkdale Mall in Beaumont.
Lake Elsinore, Calif.— Hanley Investment Group Real Estate Advisors has arranged the $44.3 million sale of Lake Elsinore Marketplace, a 144,034-square-foot shopping center located in the Southern California city of…
Cohen Financial Secures $18.2 Million Acquisition Financing for Hopkinsville Town Center in Kentucky
Hopkinsville, Ky. — Cohen Financial, a division of SunTrust Bank, has secured $18.2 million in acquisition financing for Hopkinsville Town Center, a 184,761-square-foot shopping center located in Kentucky.
Los Angeles — Michigan-based Taubman Centers Inc. (NYSE: TCO) has completed its $500 million redevelopment of Beverly Center, an 883,000-square-foot shopping mall in Los Angeles.