Streetsboro, Ohio — Envoy Net Lease Partners LLC has provided a $1 million-plus loan on a corporate ground lease for a Wendy’s restaurant in Streetsboro, roughly 20 miles north of Akron. The real estate finance company, who specializes in single-tenant, net leased commercial properties, financed 100 percent of the total project cost and allowed the undisclosed borrower to retain full control and ownership of the property. Construction on the 2,565-square-foot restaurant is slated for completion Dec. 1, 2017.
Napa, Calif. — HFF has arranged the $42 million refinancing of First Street Napa, a 142,026-square-foot retail and creative office property spanning three blocks in downtown Napa.
Hartville and North Royalton, Ohio — The Boulder Group has arranged the sale of two single-tenant properties net leased to CVS/pharmacy in Ohio for $5.2 million.
Odessa, Texas — Cinergy Entertainment Group Inc. has unveiled plans to expand its entertainment center in Odessa.
VICI Properties to Acquire Margaritaville Resort Casino in Louisiana for $261 Million in Cash, Lease to Penn National
Bossier City, La. — VICI Properties Inc., an experiential REIT that was recently spun off from Caesars Entertainment, has entered into a definitive agreement to acquire the land and real…
New York — Marcus & Millichap has arranged the $55 million sale of a 19-property retail portfolio located in the Bronx, Brooklyn and Yonkers in New York City.
Memphis, Tenn. — ABS Management & Development has acquired Raleigh Springs Marketplace in Memphis.
Chicago — Summit Design + Build LLC has completed the renovation of a 13,000-square-foot retail building in Chicago.
Boca Raton, Fla. — Giles Capital Group, Rosemurgy Properties, Schmier Property Group and Wheelock Street Capital have acquired 38 acres at the intersection of Glades Road and 95th Avenue South…
Hanley Investment Group Arranges $6.4 Million Sale of Two-Tenant Retail Property in Southern California
Covina, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $6.4 million sale of a two-tenant retail property located within Covina Shopping Center in the Southern California community…
Dallas — SHOP Cos. Investment Sales has arranged the sales of four retail properties in metro Dallas totaling 48,736 square feet.
Louisville, Ky. — Louisville-based Brown-Forman Corp. has opened Old Forester Distilling Co. on Louisville’s famed Whiskey Row.
Los Angeles — Primestor Development has broken ground on Jordan Downs Plaza, a 115,000-square-foot shopping center located within the Jordan Downs project in the Watts area of Los Angeles.
Austin, Texas — Marcus & Millichap has arranged the sale of a portfolio of three retail properties totaling 143,963 square feet in Austin.
Aventura, Fla. — Aventura Mall Venture, a partnership between Turnberry Associates and Simon Property Group (NYSE: SPG), has received $1.75 billion in financing for Aventura Mall in Aventura, a city…
Glendale, Ariz. — CBRE has arranged the $133 million sale of Westgate Entertainment District, a mixed-use development located in Glendale.
Lewisville, Texas — Bright Realty has broken ground on The Realm at Castle Hills, a 324-acre mixed-use project located in the northern Dallas metro of Lewisville.
TSCG, Franklin Street Arrange $7.7 Million Sale of Shops at Easley Town Center in Upstate South Carolina
Easley, S.C. — The Shopping Center Group (TSCG), along with Franklin Street, has arranged the $7.7 million sale of The Shops at Easley Town Center, two retail buildings totaling 21,300…
New York — Gene Spiegelman has joined Ripco Real Estate LLC as vice chairman and principal.
New York — CoverGirl will open its first-ever brick-and-mortar store in New York City’s Times Square this fall. The 10,000-square-foot flagship location will feature an experiential beauty “play room” with…
Jacksonville, Fla. — The Shopping Center Group (TSCG) has arranged the $10.8 million sale of Regency Plaza, a 205,700-square-foot retail center located in Jacksonville.
McKinney, Texas — Phillips Edison & Co. (PECO) has unveiled plans to build a new 8,500-square-foot retail building at McKinney Market Street in McKinney, a northern suburb of Dallas.
Scottsdale, Ariz. — Cushman & Wakefield has arranged the $5.2 million sale of Quarter Village, a 22,292-square-foot mixed-use development in Scottsdale.
Towson, Md. — Greenberg Gibbons has kicked off construction of the $350 million Towson Row mixed-use project in downtown Towson, about 10 miles north of Baltimore.
Perry, Ga. — Brokers + Engineers (B+E), a newly formed triple-net-lease brokerage firm, has arranged the $11.4 million sale of a Publix-anchored shopping center located in Perry.
Logan, Utah — Uber Capital Group has arranged an $11 million loan for the acquisition of Cache Valley Mall in Logan.
Hanley Investment Group Arranges $3.5 Million Sale of Starbucks Near University of Southern California
Los Angeles — Hanley Investment Group Real Estate Advisors has arranged the $3.5 million sale of a single-tenant building triple-net-leased to Starbucks Coffee in Los Angeles.
Bound Brook, N.J. — HFF has arranged a $19 million loan for the refinancing of The Middle Brook Center, a 104,331-square-foot, ShopRite-anchored retail center in the northern New Jersey community…
West Palm Beach, Fla. — Marcus & Millichap has arranged the $18.4 million sale of Okee Square, a 124,000-square-foot retail center in West Palm Beach.
San Antonio — REATA Real Estate Services LP has arranged the sale of Valley View Shopping Center, an 86,196-square-foot retail center located in San Antonio.
Houston — McNair Interests, a private investment and management company founded by Houston Texans owner Bob McNair, has revealed plans to transform a vacant six-acre site in Houston’s Uptown District.
Mesa, Ariz. — Cushman & Wakefield has arranged the $6.7 million sale of Greenfield Gateway, a 67,709-square-foot shopping center in Mesa.
Houston — HFF has arranged the sale of a fully leased retail strip center located in Houston’s Washington Memorial Heights neighborhood.
Santa Ana, Calif. — CBRE’s National Retail Partners-West team has arranged the $46.5 million sale of Bristol Center, a 165,508-square-foot shopping center in the Orange County community of Santa Ana.
Silver Spring, Md. — Phillips Realty Capital has arranged $22.5 million in permanent financing for WesTech Corner, a 41,262-square-foot shopping center in Silver Spring, six miles north of Washington, D.C.
Wall Township, N.J. — HFF has arranged the $41.5 million sale of Wall Towne Center, a 99,070-square-foot retail center in the central New Jersey community of Wall Township.
Medford, Ore. — Savills Studley has arranged the sale of WinCo Plaza, a 147,943-square-foot shopping center in Medford.
Palmdale, Calif. — Faris Lee Investments has arranged the sale of a newly constructed, single-tenant retail building located in the Southern California community of Palmdale.
Kennesaw, Ga. — InvenTrust Properties Corp. has acquired Kennesaw Marketplace, a 114,000-square-foot retail center in the northwest Atlanta suburb of Kennesaw, for $64.3 million.
Hollywood, Calif. —Artisan Realty Advisors has purchased Space 15 Twenty, a 40,000-square-foot retail property in Hollywood. Cahuenga Lofts and Ivar Group sold the property for $61 million.
Owings Mills, Md. — Kimco Realty Corp. has signed five new tenants to Mill Station, a $108 million open-air retail development in Owings Mills, located 20 miles northwest of Baltimore.
Fullerton, Calif. — Merlone Geier Partners has purchased College Plaza Shopping Center from a private investor for $29.7 million.
Lilburn, Ga. — Sterling Organization has acquired Five Forks Crossing, a 73,910-square-foot shopping center located in Lilburn, 20 miles northeast of Atlanta.
Tampa, Fla. — Plaza Advisors has arranged the $6.1 million sale of Northpointe Crossing, a 64,017-square-foot retail center in Tampa.
Hoffman Estates, Ill. — In its first-quarter results released today, Sears Holdings Corp. says that it has identified approximately 100 non-profitable stores, 72 of which will begin store-closing sales in…
Lakewood, Colo. — San Francisco-based Newmark has arranged $43.4 million in financing for Lakewood City Commons, a shopping center in Lakewood.
Atlanta — NKF Capital Markets has arranged the sales of two Publix-anchored shopping centers and one fitness-anchored center in Georgia.
Houston — HFF has arranged the sale of Tanglewood Court, a 125,500-square-foot shopping center located in Galleria/Uptown area of Houston.
Lexington, S.C. — Ziff Properties Inc. has sold Lexington Towne Center, a 131,809-square-foot retail center in Lexington, for $12.6 million.
Las Vegas is known for many things, with novel, unique experiences being at the top of the list. It is, after all, the Entertainment Capital of the World. As retail…
New York City — Newmark Group Inc. (NASDAQ: NMRK) has agreed to acquire RKF Retail Holdings LLC, a real estate firm specializing in retail leasing, for an undisclosed price.
Miami —Biscayne Bay Brewing Co. has unveiled plans to open a second location at the Old United States Post Office and Courthouse building in downtown Miami.
Casa Grande, Ariz. —Lamar Cos., in partnership with Real Capital Solutions, has acquired the Promenade at Casa Grande in Case Grande, a suburb of Phoenix.
Marietta, Ga. — Marcus & Millichap has arranged the $2.4 million sale of Delk Powers Ferry Place, a strip center in the Atlanta suburb of Marietta.
Houston and Washington, D.C. — Retail developer Madison Marquette and Houston-based developer PMRG have confirmed that they plan to combine operations. The terms of the merger were not disclosed, but PMRG will…
Cincinnati and Chicago — Cincinnati-based The Kroger Co. will acquire Home Chef for $200 million.
West Hartford, Conn. — Seritage Growth Properties has sold a $23 million stake in The Corbin Collection, a 163,700-square-foot retail redevelopment in West Hartford, to First Washington Realty.
Jensen Beach, Fla. — Cushman & Wakefield has brokered the sale of Marketplace Square, a 169,223-square-foot shopping center located at 3181 N.W. Federal Highway in Jensen Beach.
Alexandria, Va. — The JCR Cos. has acquired Krispy Korner Shopping Center in Alexandria, located eight miles south of Washington, D.C., for $6.7 million.
Westwood Financial Acquires Two Sprouts-Anchored Centers in Metro Atlanta, Phoenix for $66.2 Million
Decatur, Ga. and Chandler, Ariz. — Westwood Financial LLC has acquired two Sprouts-anchored retail centers located in Decatur and Chandler for a combined $66.2 million.
Wheeling, Ill. — The Lynmark Group has broken ground on three new retail tenants at Wheeling Town Center, a mixed-use development in the Chicago suburb of Wheeling.
Manchester, Mo. — Kimco Realty Corp. has sold an 89,305-square-foot retail building occupied by Kohl’s in Manchester, a suburb of St. Louis, for $8.6 million.
Lahaina, Hawaii — CoastWood Capital Group LLC has signed four new tenants to The Outlets of Maui, a 150,000-square-foot, open-air shopping center in Lahaina.
Atlanta — Hines has signed a 21,000-square-foot lease with Forever 21 at Atlantic Station, a mixed-use development in Atlanta.
Marcus & Millichap Brokers $13.4 Million Sale of Two Walmart-Leased Properties in Georgia, South Carolina
Hephzibah, Ga. and Cayce, S.C. — Marcus & Millichap has brokered the $13.4 million sale of two properties leased to Walmart Neighborhood Market in Hephzibah and Cayce.
Las Vegas — E-commerce has disrupted the market for retail real estate on a seismic level, but it has not obliterated the need for brick-and-mortar shops.
Allentown, Pa. — HFF has arranged the $55.2 million sale of MacArthur Commons, a 371,886-square-foot, grocery-anchored retail center located in Lehigh Valley.
Shelton, Conn. — Marcus & Millichap has arranged the $4.3 million sale of Shelton Town Center, a 19,450-square-foot retail center in Shelton.
Los Angeles — The Webster will open an 11,000-square-foot location at Beverly Center, a shopping mall in Los Angeles, in 2020.
New York — The Feil Organization has inked a 1,541-square-foot lease with Blue Bottle Coffee on the ground floor of 257 Park Avenue South, a 226,000-square-foot office building in Manhattan’s…
Miami — Miami-Dade County has approved the development of the American Dream Miami retail theme park.
Palm Beach Gardens, Fla. — InvenTrust Properties Corp. has acquired PGA Plaza, a 120,000-square-foot shopping center in Palm Beach Gardens, for $88 million.
Fort Myers, Fla. — Madison Marquette has unveiled plans for the redevelopment of Bell Tower Shops, a 365,000-square-foot, open-air shopping center in Southwest Florida’s Fort Myers.
Chicago — Starwood Retail Partners has promoted Jonathan Kaplan to vice president of leasing.
Greenville, S.C. — RocaPoint Partners, an affiliate of The Georgetown Co., has unveiled plans to develop a $1 billion mixed-use project in downtown Greenville.
Miami Gardens, Fla. — Macken Cos. has sold Palmetto Design Center, a 62,500-square-foot shopping center in Miami Gardens, located 15 miles north of Miami.
Huntsville, Ala. — RCP Cos. has signed three restaurant concepts to join the tenant lineup at MidCity, a $350 million mixed-use development under construction in Huntsville.
Newport Beach, Calif. — SRS Real Estate Partners has welcomed two senior capital markets and investment sales professionals to its Newport Beach office.
Chicago — Starwood Retail Partners has hired retail and real estate construction executive Vincent Corno as senior vice president of development.
Toronto — H&R Real Estate Investment Trust has entered into an agreement to sell nearly all of its U.S. retail holdings for US$633 million.
San Diego — NorthMarq Capital has arranged a $13.4 million loan for the acquisition of three Walgreens properties located in Texas and Ohio.
Gainesville, Fla. — Whole Foods Market has opened a 40,000-square-foot location at Butler Town Center, a 450,000-square-foot, planned mixed-use development in Gainesville.
Memphis, Tenn. — Cooper Commercial Investment Group has arranged the $3.8 million sale of The Shops at Cordova Station, an 18,950-square-foot retail center in Memphis.
Manhattan Beach, Calif. — Developers have completed the interior renovation at Manhattan Village, a 44-acre, 573,000-square-foot shopping center development in Southern California’s Manhattan Beach.
Springfield, Mo. — Mid-America Real Estate Corp. has arranged the sale of Primrose Marketplace, a 371,5921-square-foot shopping center in Springfield.
Silver Spring, Md. — Marcus & Millichap has arranged the $10.4 million sale of a 44,600-square-foot Safeway store in Silver Spring, located six miles north of Washington, D.C.
St. Louis — Mid-America Real Estate Corp. has arranged the $16.5 million sale of five multi-tenant buildings at The Shoppes at Hawk Ridge, a retail center in St. Louis.
Las Vegas — Cushman & Wakefield has arranged the $15 million sale of Tropicana Marketplace, a 69,430-square-foot shopping center in Las Vegas.
Tallahassee, Fla. — Highline Real Estate Capital has acquired Capital West Shopping Center, an 88,000-square-foot retail center in Tallahassee, for $7.3 million.
Richland, S.C. — Money360 has provided a $3.2 million bridge loan for a retail center in Richland, located roughly eight miles east of Columbia.
Marysville, Wash. — KeyBank Real Estate Capital has originated a $25.9 million CMBS loan for the refinancing of The Marketplace at Smokey Point, a 185,352-square-foot shopping center in Marysville.
Fresno, Calif. — Sands Investment Group (SIG) has arranged the sale of a retail property in Fresno.
Orange, Calif. — Faris Lee Investments has arranged the $2.3 million sale of a 3,600-square-foot, single-tenant retail property in Orange, a city in Southern California.
How landlords, brokers and lawyers can help retailers stay alive. Despite the hyperbolic headline-grabbing hysteria ringing the death knell of stores, the retail industry is very much alive. For as long…
Missoula, Mont. — NKF Capital Markets has arranged the $58 million sale of Southgate Mall, a 447,952-square-foot shopping mall in Missoula.
Washington, D.C. — Calkain Cos. has arranged the $14.9 million sale of MacArthur Retail & Professional Center, a 45,543-square-foot mixed-use in Washington D.C.’s Palisades neighborhood.
Las Vegas — Fisher Brothers and Beneville Studios have broken ground on AREA15, a retail, art and entertainment complex in Las Vegas.
Schertz, Texas — San Marcos-based EVO Entertainment Group will open a 73,000-square-foot entertainment center within The Wiederstein Ranch shopping center in Schertz, a northeastern suburb of San Antonio.
Ewing Township, N.J. — Marcus & Millichap has arranged the $5.5 million sale of a newly constructed Wawa convenience store/gas station in Ewing Township.
New York — Macy’s Inc. has acquired STORY, a concept store in New York City.
Philadelphia — Philadelpha-based PREIT has inked leases with Forever 21 at four of its malls across the country.
Hamden, Conn. — The Wilder Cos., in partnership with Silver Peak Real Estate Partners has acquired The Marketplace at Hamden, a 235,000-square-foot shopping center in Hamden.
Los Angeles — Australia-based QIC has expanded its senior leadership team, announcing several senior executive appointments in the United States and Australia.
CBL, JV Partners Receive $155 Million CMBS Loan to Refinance CoolSprings Galleria Mall in Metro Nashville
Franklin, Tenn. — CBL Properties, along with its 50/50 joint venture partners TIAA and APG, has received a $155 million, non-recourse loan for CoolSprings Galleria, a 1.1 million-square-foot mall in…
McHenry, Ill. — Mid-America Real Estate Corp. has arranged the $32 million sale of The Shops at Fox River, a 340,849-square-foot shopping center in McHenry, located 60 miles northwest of…
Tampa, Fla. — Plaza Advisors has arranged the sale of Southtown Center, a 43,669-square-foot shopping center in Tampa.
Virginia Beach, Va. — Atlanta-based New Realm Brewing has unveiled plans to open a second brewery and taproom in Virginia Beach.
Chicago — Global Builders Inc. has broken ground on a 42,000-square-foot retail development in Chicago.
Los Angeles — Shapell Liberty Investment Properties has signed three new tenants to The Vineyards, a $150 million planned mixed-use development in Los Angeles’ Porter Ranch community.
Huntsville, Ala. — Matthews Real Estate Investment Services has arranged the $13.8 million sale of The Gallery Shopping Center, a 101,498-square-foot retail center located near the $350 million Mid-City mall…
Pompano, Fla. — The Cordish Cos. and Eldorado Resorts Inc. have formed a 50/50 joint venture to plan, design and develop a new 223-acre mixed-use project in Pompano.
Chandler, Ariz. — Orion Investment Real Estate has arranged the sale of a portion of Valle Del Sol, a multi-building retail property located in Chandler.
Las Vegas — Colliers International has arranged the sale of a 73,576-square-foot retail property in Las Vegas.
Cordish Cos., Jacksonville Jaguars to Co-Develop $2.5 Billion Mixed-Use Project Around EverBank Field
Jacksonville, Fla. — The Cordish Cos. has been selected to co-develop a $2.5 billion mixed-use village surrounding EverBank Field, home of the National Football League’s Jacksonville Jaguars.
Acworth, Ga. and Gallatin, Tenn. — Preferred Apartment Communities (PAC) has acquired two grocery-anchored shopping centers totaling 139,000 square feet in Acworth and Gallatin.
Acworth, Ga. — HFF has arranged the sale of Cherokee Commons, a 103,711-square-foot shopping center in Acworth, located 30 miles northwest of Atlanta.
Canton, Ohio — Marcus & Millichap has arranged the $2.3 million sale of a McDonald’s ground lease in Canton.
Mauldin, S.C. — Hughes Investments has unveiled plans for BridgeWay Station, a $100 million mixed-use development in Mauldin, a city in Greenville County.
Noblesville, Ind. — Rainier Realty Investments LP, in a joint venture with institutional investor CIL2 REIT LLC, has acquired Stony Creek Marketplace, a 204,800-square-foot shopping center in Noblesville.
Horseheads, N.Y. — NKF Capital Markets has brokered the sale of Southern Tier Crossing, a retail property located in Horseheads.
Franklin Park, N.J. — Marcus & Millichap has arranged the sale of Somerset Plaza Shopping Center, a retail property located in Franklin Park.
Texas City, Texas — Edifis Group, a Houston-based development and investment firm, will redevelop Palmer Plaza, a 98,816-square-foot shopping center in Texas City, about 40 miles southeast of Houston.
SMYRNA, GA. — Halpern Enterprises Inc. has broken ground on the second phase of The Shops at Belmont, a 47,593-square-foot retail center located in Smyrna, roughly 17 miles northwest of…
Falmouth, Maine — NKF Capital Markets has arranged the $21 million sale of Falmouth Shopping Center in Falmouth.
PALM COAST, FLA. — Matthews Real Estate Investment Services has arranged the $10.6 million sale of Old Kings Commons, an 84,759-square-foot shopping center in Palm Coast.
La Habra, Calif. — SRS Real Estate Partners has arranged the $4 million sale of The Miracle Day Shopping Center, an 18,468-square-foot strip center in La Habra. Michael Walseth of…
Lakeland, Tenn. — The Was Group LLC will handle the leasing assignment for The Lake District, a 165-acre mixed-use project in Lakeland, 23 miles northeast of Memphis.
Salt Lake City — Newmark Grubb ACRES, a Utah-based brokerage firm, has arranged the sale of a portfolio of single-tenant retail properties leased to Codale Electric Supply Inc., a Salt…
Allen And Carrollton, Texas — Disney Investment Group (DIG) has arranged the sale of two shopping centers totaling 57,135 square feet in metro Dallas for a combined $17.1 million.
Maplewood, N.J. — Marcus & Millichap has arranged the $5.8 million sale of a 5,600-square-foot property net-leased to Wawa in Maplewood.
Castle Rock, Colo. — Pinnacle Real Estate Advisors has arranged the $5 million sale of a multi-tenant retail property in Castle Rock.
Bloomington, Ind. — Terry Tallen, chairman and CEO of Tallen Capital Partners LLC, has donated $2 million to the Indiana University Bicentennial Campaign for Athletics.
Daytona Beach, Fla. — Sutton Properties has signed Publix to anchor Latitude Landings, the 200,000-square-foot retail portion of Latitude Margaritaville Daytona Beach, an active adult community.
Dallas — Northwood Retail has signed four new tenants to Hillside Village in Dallas, and unveiled a five-phase renovation plan for the 166,229-square-foot center.
Mechanicsburg, Penn. — CBRE has arranged the sale of Silver Spring Square, a 342,600-square-foot shopping center in Mechanicsburg.
Venture Commercial Brokers Sale of Two Albertsons Stores Totaling 123,737 Square Feet in Metro Dallas
Murphy And Watauga, Texas — Venture Commercial has brokered the sale of Albertsons grocery stores totaling 123,737 square feet in the Dallas-Fort Worth (DFW) metros of Murphy and Watauga.
Jeffersonville, Ind. — NorthMarq Capital has arranged a $7.7 million construction loan for Jeffersonville Town Center in southern Indiana.
Sevierville, Tenn. — Time Equities Inc. (TEI) has acquired Governor’s Crossing, a 140,568-square-foot shopping center in Sevierville, for $13.9 million.
Winter Garden, Fla. — CBRE has arranged the $11.4 million sale of Winter Garden Regional Shopping Center, a 128,973-square-foot shopping center in the Central Florida community of Winter Garden.
Katy, Texas — VillaSport Athletic Club & Spa will open a 121,000-square-foot athletic facility within Stableside at Falcon Landing, a 270,000-square-foot retail development in Katy.
Lincolnshire, Ill. — Lincolnshire-based Camping World Holdings Inc. has unveiled plans to expand in the United States with the development of new SuperCenters in Augusta, Georgia; Marion, Illinois; and Huber…
Elgin, Ill. — Eldorado Resorts Inc. (NASDAQ: ERI), a Nevada-based casino owner and operator, has agreed to acquire the Grand Victoria Casino for $327.5 million.
San Antonio — Weingarten Realty, a Houston-based REIT, has begun work on the 25-acre retail portion of Stevens Ranch, a 2,400-acre master-planned community in San Antonio.
Morrisville, N.C. — Cushman & Wakefield has arranged the $11.3 million sale of Alexander Village, a 77,994-square-foot shopping center in Morrisville, 13 miles west of Raleigh.
New Orleans — Golf entertainment concept Drive Shack has unveiled plans to open a 62,000-square-foot venue at the site of the former Times-Picayune building in New Orleans.
Asana Acquires Krog Street Market, Atlanta Stove Works in Atlanta’s Inman Park Neighborhood from Paces Properties
Atlanta — Charlotte-based Asana Partners has acquired Krog Street Market and Atlanta Stove Works, two mixed-use destinations in Atlanta’s Inman Park neighborhood that once housed Tyler Perry Studios.
Denton, Texas — CBRE has negotiated the sale of Shops at Colorado, a 74,310-square-foot retail center in the North Texas city of Denton.
Selig Enterprises Unveils Retail Lineup of $229 Million City Springs Mixed-Use Project in Metro Atlanta
Sandy Springs, Ga. — Atlanta-based developer Selig Enterprises has unveiled the retail tenant lineup at City Springs, a $229 million mixed-use development in Sandy Springs, located 14 miles north of downtown…
Washington, D.C. — Forest City Washington has unveiled plans for the second phase of The Yards, a master-planned mixed-use development in Washington, D.C.
Kemah, Texas — GBT Realty has completed construction on The Shoppes at Kemah, a $16 million, 79,000-square-foot shopping center located in Kemah, 35 miles southeast of Houston.
Los Angeles — Cushman & Wakefield as arranged the $22.9 million sale of a retail property located on Melrose Avenue in West Hollywood.
Oshkosh, Wis. — Alliant Credit Union has provided a $10.3 million loan for the refinancing of the Shops at Market Fair in Oshkosh.
Gainesville, Fla. — Whole Foods Market will open a 40,000-square-foot location at Butler Town Center, a 450,000-square-foot, planned mixed-use development in Gainesville.
New York City — Nine West Holdings Inc. has filed for bankruptcy after accumulating $1.6 billion in debt.
Glendale, Ariz. — Lee & Associates has arranged the $21.9 million sale of Talavi Towne Center, a 118,377-square-foot shopping center in Glendale.
Dallas — MSD Capital LP, a private investment firm that manages the capital of computer magnate Michael Dell and his family, has acquired shares of the Knox District, a mixed-use…
Portland, Ore. — RH (Restoration Hardware) has opened a 46,000-square-foot location in Portland’s historic Alphabet District.
Vancouver, Wash. — Cohen Financial, a division of SunTrust Bank, has arranged two loans totaling $11.9 million for the refinancing of two retail centers located in Vancouver.
St. Louis — Select Strategies Realty has acquired a five-property retail portfolio in metro St. Louis for an undisclosed price.
Charlotte, N.C. — Franklin Street has brokered the $5.8 million sale of City View Shopping Center, a 77,550-square-foot retail property in Charlotte.
Jacksonville, Fla. — Colliers International has arranged the $12.7 million sale of San Jose Plaza, a 95,433-square-foot shopping center in Jacksonville.
Dubuque, Iowa — The DESCO Group has acquired Warren Plaza, a 96,310-square-foot shopping center in Dubuque, for an undisclosed price.
Florence, S.C. — An 8,500-square-foot Five Below and a 20,000-square-foot HomeGoods will join the tenant mix at PREIT’s Magnolia Mall in Florence.
Irving, Texas — HFF has negotiated the sale of Shops at MacArthur Hills, a 75,387-square-foot retail center located within the 12,000-acre Las Colinas district in Irving.
Philadelphia — Kimco Realty’s Lincoln Square mixed-use project currently under development will be the site of Philadelphia’s first Sprouts Farmers Market.
Torrance and Santa Maria, Calif. — CBRE has arranged two leases for Dick’s Sporting Goods in Torrance and Santa Maria. The retailer will occupy 83,210 square feet at Del Amo Fashion Center…
Milwaukee — CBL Properties has unveiled plans for the redevelopment of the former Sears building at Brookfield Square in Milwaukee.
Park City, Utah — Park City-based PREP Property Group Inc. has appointed Numa Jerome as vice president of leasing.
Boynton Beach, Fla. — Charlotte-based FCA Partners has sold Shoppes of Boynton, a 151,000-square-foot shopping center in the South Florida city of Boynton Beach, for $27.8 million.
La Verne, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of La Verne Courtyard, an 84,368-square-foot shopping center in La Verne, located 30 miles east of Los…
Henrietta, N.Y. — KeyBank Real Estate Capital has provided a $17.2 million CMBS loan for the refinancing of Henrietta Plaza, a 250,000-square-foot shopping center in Henrietta.
Tallahassee, Fla. — GBT Realty Corp. has acquired Governor’s Marketplace, a 243,000-square-foot shopping center in Tallahassee, for $25.5 million.
Aurora, Colo. — M&J Wilkow Ltd., along with MetLife Investment Management, has acquired The Southlands, a retail center located in southeast Aurora. Developed in 2005, the 1.7 million-square-foot complex features retail…
Continental Partners Arranges $11.3 Million Acquisition Loan for 102,782-Square-Foot Retail Asset in Nevada
Reno, Nev. — Continental Partners has arranged an $11.3 million loan for the acquisition of Mira Loma Shopping Center in Reno.
Winter Haven, Fla. — The Shopping Center Group (TSCG) has arranged the $6 million sale of Chain O’Lakes Plaza, a 91,160-square-foot shopping center located in Winter Haven, a city in Central…
HFF Arranges $5.4 Million Sale, $3.8 Million Acquisition Financing for Retail Center in Central Florida
Lake Mary, Fla. — HFF has arranged the $5.4 million sale of the Shoppes of Lake Mary, a 38,495-square-foot shopping center in Lake Mary, located 20 miles north of Orlando.
Beverly Hills, Calif. — A subsidiary of Paris-based LVMH has purchased a 6,200-square-foot retail building at 456 N. Rodeo Drive in Beverly Hills for $110 million. Just one day earlier…
Perris, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sales of six retail pads at Perris Marketplace in separate transactions.
Waterbury, Conn. — HFF has arranged the sale of Naugatuck Valley Shopping Center, a 382,864-square-foot shopping center in Waterbury.
Brookfield, Wis. — Newport Capital Partners has acquired The Plaza in Brookfield, a suburb of Milwaukee, for $17.9 million.
Sacramento — MidCap Financial has provided $17.9 million in refinancing for the repositioning and lease-up of Stockton Plaza, a grocery-anchored shopping center in Sacramento.
Little Falls, Minn. — Timber Development has sold a 12,000-square-foot strip center in Little Falls for $1.2 million.
Aztec Arranges $80.5 Million Construction Loan for Walmart, Home Depot-Anchored Project in Northeast Florida
St. Johns, Fla. — Aztec Group Inc. has arranged an $80.5 million construction loan for The Pavilion at Durbin Park, an 80-acre retail project in St. Johns, located 25 miles south…
New York And Chicago — Brookfield Property Partners (NASDAQ: BPY) has agreed to acquire all remaining shares of GGP Inc. (NYSE: GGP), a Chicago-based mall owner.
Tampa, Fla. — Tiktin Real Estate Investment Services (TREIS) has arranged the $5.2 million sale of Madison Square, a 38,720-square-foot shopping center in Tampa.
Oak Creek, Wis. — SRS Real Estate Partners has negotiated the $5.2 million sale of The Shoppes at Drexel in Oak Creek, located 12 miles south of Milwaukee.
RED Development Breaks Ground on New Retail Buildings at 600,000-Square-Foot Mixed-Use Center in Texas
Denton, Texas — RED Development has broken ground on three new multi-tenant retail buildings at Rayzor Ranch Town Center, a 600,000-square-foot mixed-use development under construction in Denton.
Glenmont, N.Y. — Marcus & Millichap has arranged the $12.3 million sale of Bethlehem Town Center II, a 73,613-square-foot shopping center in Glenmont.
Rome, Ga. — Colliers International has brokered the $8.6 million sale of West Town Square, an 84,828-square-foot shopping center in Rome, a city in north Georgia.
Alameda, Calif. — A joint venture led by Trammell Crow Residential (TCR) plans to develop Alameda Point, a $500 million mixed-use project located in the Bay Area city of Alameda.
Dartmouth, Mass. — PREIT has signed three new tenants at Dartmouth Mall in Dartmouth, a city in southeast Massachusetts.
Sioux City, Iowa — The R.H. Johnson Co. has purchased Lakeport Commons in Sioux City for an undisclosed price.
Marietta, Ga. — Marcus & Millichap has brokered the $3.5 million sale of an 11,370-square-foot property leased to CVS/pharmacy in Marietta.
New York City — Jamestown LP has sold Chelsea Market in Manhattan to Google Inc. (NASDAQ: GOOG) for $2.4 billion.
Oceanside, Calif. — Matthews Real Estate Investment Services has arranged the sale of Del Oro Marketplace, a shopping center located in Oceanside.
Fort Wayne, Ind. — HFF has arranged the sale of Jefferson Pointe in Fort Wayne for an undisclosed price.
Leesburg, Fla. — Phillips Edison & Co. has acquired Shoppes of Lake Village, a 135,437-square-foot shopping center in the Central Florida community of Leesburg.
Belton, Mo. — Marshalls, Party City, Petco and Five Below have opened as part of Belton Gateway’s second phase of construction.
Lakeland, Fla. — Lakeland-based Publix Super Markets has purchased a portfolio of nine Publix-anchored shopping centers from Madison International Realty and DDRM Properties, an affiliate of DDR Corp.
Ridgeland, Miss. — Southern California-based Pacific Retail Capital Partners (PRCP) has broken ground on the redevelopment of Northpark, a 958,000-square-foot enclosed mall in Ridgeland, about 11 miles north of Jackson.
Miami Beach, Fla. — Miller Construction Co. is underway on Lincoln Eatery, a 9,600-square-foot food hall located on the ground floor of a Marshalls-anchored building in Miami Beach.