Stan Johnson Arranges $28 Million Sale of Restaurant Portfolio in Central Florida

Weingarten Begins Work on 25-Acre Retail Project in San Antonio
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.
Cushman & Wakefield Arranges $11.3 Million Sale of Shopping Center in Metro Raleigh
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.
Drive Shack to Open 62,000-Square-Foot Venue in New Orleans
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.
CBRE Arranges Sale of 74,310-Square-Foot Retail Center in Denton, Texas
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…
Forest City Unveils Vision for 3 Million-Square-Foot Second Phase of The Yards in D.C.
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.
GBT Realty Completes $16 Million Shopping Center in Metro Houston
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.
Cushman & Wakefield Arranges $22.9 Million Sale of Retail Property in West Hollywood
Los Angeles — Cushman & Wakefield as arranged the $22.9 million sale of a retail property located on Melrose Avenue in West Hollywood.
Alliant Provides $10.3 Million Refinancing for Retail Center in Wisconsin
Oshkosh, Wis. — Alliant Credit Union has provided a $10.3 million loan for the refinancing of the Shops at Market Fair in Oshkosh.

Whole Foods Market to Open 40,000-Square-Foot Location at Butler Town Center in Florida
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.
Nine West Files for Bankruptcy, Will Close all Stores
New York City — Nine West Holdings Inc. has filed for bankruptcy after accumulating $1.6 billion in debt.
Lee & Associates Arranges $21.9 Million Sale of Shopping Center in Arizona
Glendale, Ariz. — Lee & Associates has arranged the $21.9 million sale of Talavi Towne Center, a 118,377-square-foot shopping center in Glendale.
Dell Affiliate Acquires Retail, Multifamily Share of Mixed-Use Development in Dallas
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…
RH Opens 46,000-Square-Foot Gallery in Portland’s Alphabet District
Portland, Ore. — RH (Restoration Hardware) has opened a 46,000-square-foot location in Portland’s historic Alphabet District.
Cohen Financial Arranges $11.9 Million Refinancing for Two Retail Centers in Washington
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.
Select Strategies Realty Acquires 700,000-Square-Foot Retail Portfolio in Metro St. Louis
St. Louis — Select Strategies Realty has acquired a five-property retail portfolio in metro St. Louis for an undisclosed price.
Franklin Street Arranges $5.8 Million Sale of Retail Center in Charlotte, North Carolina
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.
Colliers Arranges $12.7 Million Sale of Shopping Center in Jacksonville
Jacksonville, Fla. — Colliers International has arranged the $12.7 million sale of San Jose Plaza, a 95,433-square-foot shopping center in Jacksonville.
DESCO Acquires 96,310-Square-Foot Shopping Center in Northeast Iowa
Dubuque, Iowa — The DESCO Group has acquired Warren Plaza, a 96,310-square-foot shopping center in Dubuque, for an undisclosed price.

Five Below, HomeGoods to Open at PREIT’s Repositioned Magnolia Mall in South Carolina
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.
HFF Arranges Sale of Whole Foods-Anchored Retail Center in Irving
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.
Kimco’s Lincoln Square to Feature Philadelphia’s First Sprouts Farmers Market
Philadelphia — Kimco Realty’s Lincoln Square mixed-use project currently under development will be the site of Philadelphia’s first Sprouts Farmers Market.
Dick’s Sporting Goods Signs Two Leases in Southern California Totaling 123,210 SF
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…
CBL Properties Unveils Redevelopment Plans for Former Sears Building in Milwaukee
Milwaukee — CBL Properties has unveiled plans for the redevelopment of the former Sears building at Brookfield Square in Milwaukee.
PREP Appoints Numa Jerome as Vice President of Leasing
Park City, Utah — Park City-based PREP Property Group Inc. has appointed Numa Jerome as vice president of leasing.
FCA Partners Sells Shopping Center in South Florida for $27.8 Million
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.
Hanley Investment Group Arranges $20.7M Sale of Shopping Center in Southern California
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…
KeyBank Provides $17.2M Refinancing for Retail Center in New York
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.
GBT Realty Acquires 243,000-Square-Foot Shopping Center in Florida for $25.5 Million
Tallahassee, Fla. — GBT Realty Corp. has acquired Governor’s Marketplace, a 243,000-square-foot shopping center in Tallahassee, for $25.5 million.

M&J Wilkow, MetLife Buy 1.7 Million-Square-Foot Shopping Center in Metro Denver
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.
TSCG Arranges $6 Million Sale of Shopping Center in Central Florida
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.
Rodeo Drive Retail Property Sells for $110 Million, Double the Purchase Price from 24 Hours Earlier
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…
Hanley Investment Arranges Sales of Six Retail Pads in California for $29.5 Million
Perris, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sales of six retail pads at Perris Marketplace in separate transactions.
HFF Arranges Sale of 382,854-Square-Foot Retail Center in Connecticut
Waterbury, Conn. — HFF has arranged the sale of Naugatuck Valley Shopping Center, a 382,864-square-foot shopping center in Waterbury.
Newport Acquires Retail Center in Brookfield, Wisconsin for $17.9 Million
Brookfield, Wis. — Newport Capital Partners has acquired The Plaza in Brookfield, a suburb of Milwaukee, for $17.9 million.
MidCap Financial Provides $17.9 Million Refinancing for Shopping Center in Sacramento
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.
Timber Development Sells Retail Center in Minnesota for $1.2M
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…
Brookfield to Buy Mall Owner GGP for $9.25 Billion in Cash Plus Stock
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.
TREIS Arranges $5.2 Million Sale of Retail Center in Tampa, Florida
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.
SRS Real Estate Arranges $5.2 Million Sale of Retail Center in Wisconsin
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.
Marcus & Millichap Arranges $12.3 Million Sale of Shopping Center in New York
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.
Colliers Brokers $8.6 Million Sale of Shopping Center in North Georgia
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.
Trammell Crow-Led Group to Build $500 Million Mixed-Use Project in Bay Area
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.
PREIT Signs Three New Tenants to Mall in Southeast Massachusetts
Dartmouth, Mass. — PREIT has signed three new tenants at Dartmouth Mall in Dartmouth, a city in southeast Massachusetts.
R.H. Johnson Co. Purchases 282,708-Square-Foot Shopping Center in Iowa
Sioux City, Iowa — The R.H. Johnson Co. has purchased Lakeport Commons in Sioux City for an undisclosed price.

Marcus & Millichap Arranges $3.5 Million Sale of CVS/Pharmacy-Leased Building in Metro Atlanta
Marietta, Ga. — Marcus & Millichap has brokered the $3.5 million sale of an 11,370-square-foot property leased to CVS/pharmacy in Marietta.
Jamestown Sells 1.2 Million-Square-Foot Chelsea Market in Manhattan to Google for $2.4 Billion
New York City — Jamestown LP has sold Chelsea Market in Manhattan to Google Inc. (NASDAQ: GOOG) for $2.4 billion.
Matthews Real Estate Arranges $41.7 Million Sale of Shopping Center in Oceanside, California
Oceanside, Calif. — Matthews Real Estate Investment Services has arranged the sale of Del Oro Marketplace, a shopping center located in Oceanside.
HFF Arranges Sale of 407,363-Square-Foot Retail Center in Fort Wayne, Indiana
Fort Wayne, Ind. — HFF has arranged the sale of Jefferson Pointe in Fort Wayne for an undisclosed price.
Phillips Edison Acquires 135,437-Square-Foot Shopping Center in Central Florida
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.
Four Retailers Open Stores at $136 Million Belton Gateway Development in Missouri
Belton, Mo. — Marshalls, Party City, Petco and Five Below have opened as part of Belton Gateway’s second phase of construction.
Madison, DDRM Sell Nine-Property, Publix-Anchored Portfolio in Florida, Georgia
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.
Pacific Retail Capital Breaks Ground on Mall Redevelopment Project in Mississippi
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.
Miller Construction Underway on $2.6 Million Food Hall Project in Miami Beach
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.
Toys ‘R’ Us to Close or Sell All 735 U.S. Stores
Wayne, N.J. — Toys ‘R’ Us is taking the next step in what the Wayne-based retailer is calling an “orderly wind down” of it’s U.S. business.

Brixton Capital Acquires 103,568-Square-Foot Shopping Center in Arizona
Avondale, Ariz. — Brixton Capital has purchased Palmilla Center, a grocery-anchored shopping center located in Avondale, a suburb of Phoenix.
SRS Real Estate Partners Arranges $5.3 Million Sale of Starbucks Location in California
San Bernardino, Calif. — SRS Real Estate Partners has arranged the sale of a newly constructed, single-tenant retail property located in San Bernardino.
Eleven Food and Beverage Concepts Opening This Month at Toyota Music Factory in Texas
Irving, Texas — Eleven new food-and-drink-based concepts will open this month at Toyota Music Factory, an entertainment destination located within the Las Colinas district in Irving.
NRF Survey: St. Patrick’s Day Spending to Hit Record $5.9 Billion, Food and Beverage Most Popular Items
Washington, D.C. — More than 149 million U.S. adults are expected to celebrate St. Patrick’s Day on Saturday, spending a record $5.9 billion on items related to the holiday, according to…
Broad Street Realty Breaks Ground on Mixed-Use Redevelopment in Williamsburg, Virginia
Williamsburg, Va. — Broad Street Realty has broken ground on Midtown Row, a mixed-use redevelopment in Williamsburg.
SWG | Capital Acquires 194,081-Square-Foot Shopping Center in Indiana
Terre Haute, Ind. — SWG | Capital has acquired Wabash Valley Plaza, a 194,081-square-foot shopping center in Terre Haute.
NorthMarq Capital Secures $18.5 Million in Refinancing for Retail Property in New York
Haverstraw, N.Y. — NorthMarq Capital has arranged $18.5 million in refinancing for The Rosman Center, a grocery-anchored retail center located in Haverstraw.
Cushman & Wakefield Arranges $15.8 Million Sale of Shopping Center in Las Vegas
Las Vegas — Cushman & Wakefield has arranged the $15.8 million sale of Paradise Marketplace, a 77,997-square-foot shopping center in Las Vegas.
RAF Pacifica Acquires Retail Property in Southern California for $3.2 Million
Carlsbad, Calif. — RAF Pacifica Group has acquired an 18,127-square-foot retail and office property in Carlsbad for $3.2 million.
SHOP Cos. Arranges Sales of Three Shopping Centers in Texas Totaling 68,771 Square Feet
Dallas — Dallas-based SHOP Cos. Investment Sales has arranged the sales of three shopping centers totaling 68,771 square feet in the Dallas/Fort Worth metro.

Venture Commercial Secures Five Leases Totaling 90,000 Square Feet for Northern Tool in Texas, Southeast
Dallas — Dallas-based Venture Commercial Real Estate has secured five leases totaling 90,000 square feet for Northern Tool + Equipment.
PEBB Enterprises Sells Shopping Center in Aurora, Ohio for $15.8 Million
Aurora, Ohio — PEBB Enterprises has sold Marketplace at Four Corners in Aurora, southeast of Cleveland, for $15.8 million.
Dine-In Theater Concept to Anchor NAP’s Colony Square Redevelopment in Atlanta
Atlanta — Dine-in theater concept iPic Theaters will open its first Georgia location at Midtown Atlanta’s Colony Square, a mixed-use destination under redevelopment by North American Properties.
Hudson Pacific, Macerich to Redevelop Westside Pavilion Mall in Los Angeles to Office Space for $450 Million
Los Angeles — Hudson Pacific Properties (NYSE: HPP) and Macerich (NYSE: MAC) have formed a joint venture to redevelop Westside Pavilion, a 600,000-square-foot shopping mall located in west Los Angeles, into creative…
Zapolski Acquires 129,851-Square-Foot Shopping Center in North Carolina for $33 Million
Asheville, N.C. — Zapolski Real Estate has acquired Asheville Market, a 129,851-square-foot shopping center in Asheville, for $33 million.
NGZ Arranges Sale of 105,000-Square-Foot Retail Property Occupied by Kohl’s in Kansas
Lenexa, Kan. — Newmark Grubb Zimmer (NGZ) has arranged the sale of a 105,000-square-foot retail property occupied by Kohl’s in Lenexa.
Haagen Co. Acquires 215,000-Square-Foot Mall in Southern California, Plans Redevelopment
Indio, Calif. — Haagen Co. has acquired the Indio Fashion Mall, a 215,000-square-foot shopping mall in Indio, for an undisclosed price.
Dave & Buster’s to Open at $350 Million Mixed-Use Redevelopment in Alabama
Huntsville, Ala. — RCP Cos. has signed Dave & Buster’s to its MidCity project, a $350 million mixed-use development under construction in Huntsville.
CIM Group Signs AMC Dine-In Theater to 1.2 Million-Square-Foot Mall in Inland Empire
Montclair, Calif. — CIM Group has signed a lease with AMC Dine-in Theatre at Montclair Place, a 1.2 million-square-foot regional mall in the Inland Empire community of Montclair.
TOLD Development Sells 32,000-Square-Foot Retail Center in Minnesota
Maple Grove, Minn. — TOLD Development Co. has sold The Shops at Wedgwood in Maple Grove for an undisclosed price.

Concord Capital Acquires 203,000-Square-Foot Shopping Plaza in New York
Middletown, N.Y. — Concord Capital New York has purchased Playtogs Shopping Plaza, a shopping center in Middletown.
SRS Arranges $10.5 Million Sale of Shopping Center in Montgomery, Alabama
Montgomery, Ala. — SRS Real Estate Partners has arranged the $10.5 million sale of Twin Oaks, a 97,189-square-foot shopping center in Montgomery.
HFF Arranges Joint Venture Equity, Construction Financing for 470,000-Square-Foot Retail Center in Orlando
Orlando, Fla. — HFF has arranged joint venture equity and construction financing for the development of Vineland Pointe, a 470,000-square-foot shopping center under construction in Orlando.
The Shopping Center Group Signs Topgolf to 77-Acre Mixed-Use Development in South Carolina
Greenville, S.C. — The Shopping Center Group (TSCG) has signed Topgolf to Garlington North, a 77-acre mixed-use project under development in Greenville.
Alexander & Baldwin Acquires Three Shopping Centers in Hawaii for $254 Million
Honolulu — Honolulu-based Alexander & Baldwin (NYSE: ALEX) has acquired three shopping centers located in Hawaii.
Capital Pacific Arranges Sales of Two Shopping Centers in Portland Area for Combined $44 Million
Wood Village and McMinnville, Ore. — Capital Pacific has arranged the sales of two shopping centers in the Portland area: Wood Village Town Center in Wood Village, located 15 miles east…
CBRE Arranges $17.5 Million Sale of Shopping Center in Los Angeles
Los Angeles — CBRE has arranged the $17.5 million sale of Triangle Center, a 16,128-square-foot strip retail center located in Culver City and Los Angeles.
Colliers Arranges $19.9 Million Sale of Retail Center in San Diego
San Diego — Colliers International has arranged the $19.9 million sale of a 17,462-square-foot retail property located in San Diego’s Gaslamp Quarter.
Jeff Kirwan to Step Down as Gap CEO
San Francisco — Jeff Kirwan, president and CEO of Gap brand, will leave Gap Inc.
Price Brothers to Launch Next Phase of $750 Million Mixed-Use Project in Kansas
Overland Park, Kan. — Price Brothers has unveiled plans for the next phase of Bluhawk, a $750 million, 277-acre mixed-use project in Overland Park.

NKF Capital Markets Arranges $142 Million Sale of Retail Center Near Salt Lake City
Midvale, Utah — NKF Capital Markets has arranged the $142 million sale of a 688,549-square-foot portion of The Shops at Fort Union, a shopping center in Midvale, 12 miles south of…
Vista Equities Breaks Ground on 108,000-Square-Foot Retail Expansion Project in Metro Houston
Sugar Land, Texas — Vista Equities Group has broken ground on Phase II of University Commons in Sugar Land, an expansion project that will deliver 108,000 square feet of new…
Albertsons to Buy Drugstore Chain Rite Aid
Boise, Idaho — Boise-based grocery chain Albertsons Cos. has agreed to acquire Rite Aid Corp. (NYSE: RAD), one of the nation’s largest drugstore chains, for an undisclosed sum.
Vestar Acquires 465,000-Square-Foot Shopping Center in Las Vegas for $87 Million
Las Vegas — Vestar has acquired Best in the West, a 465,000-square-foot shopping center in Las Vegas.
HFF Arranges Sale of 276,448-Square-Foot Retail Center in Metro Nashville
Hermitage, Tenn. — HFF has arranged the sale of Oakwood Commons, a 276,448-square-foot shopping center in Hermitage, 16 miles northeast of Nashville.
GBT Unveils Tenant Roster, Plans for Shopping Center Redevelopment in Port Charlotte, Florida
Port Charlotte, Fla. — GBT Realty Corp. has unveiled the tenant lineup and renovation plans for Port Charlotte Marketplace, a shopping center redevelopment project in Port Charlotte, 40 miles south of…
Indochino to Open Four Showroom Locations in Texas, North Carolina in 2018
Vancouver, BC — Vancouver-based Indochino will launch four new showroom locations in Texas and North Carolina this spring.
Williams Realty, Partners Receive Construction Loan for Mixed-Use Project in Raleigh’s CBD
Raleigh, N.C. — Williams Realty & Building Co., in conjunction with Kane Realty Corp. and capital partner Lionstone Investments, has received construction financing for the development of a high-rise mixed-use project…
Mid-America Arranges $59.8 Million Sale of Two Kroger-Anchored Centers in Kentucky
Lexington, Ky. — Mid-America Real Estate Corp. has brokered the $59.8 million sale of two Kroger-anchored shopping centers in Lexington: Tates Creek Centre and Millpond Center.
M&J Wilkow, ALTO Real Estate Acquire Retail Center in Metro Pittsburgh for $23.5 Million
Cranberry Township, Pa. — M&J Wilkow, along with ALTO Real Estate Funds, has acquired Cranberry Square, a retail center located in Cranberry Township, 20 miles north of Pittsburgh.

CBL Properties Signs New Restaurants to Mall Redevelopment Projects in Florida, Tennessee
Daytona Beach Fla., and Chattanooga, Tenn. — CBL Properties has signed leases with five new restaurants at shopping malls in Daytona Beach and Chattanooga.
Chipotle Names Taco Bell CEO as its Next Chief Executive
Denver — Chipotle Mexican Grill’s board of directors has appointed Brian Niccol as CEO and a member of the board, effective March 5, 2018. Niccol most recently served as CEO…
Millennial Development Partners Announces Plans for Master-Planned Community in Idaho
Pocatello, Idaho — Millennial Development Partners has announced plans for Northgate District, a master planned community located in Pocatello, a city in southeastern Idaho.
Faris Lee Arranges $21 Million Sale of Retail Center in Southern California
Torrance, Calif. — Faris Lee Investments has arranged the $21 million sale of Southwood Village, a 66,958-square-foot shopping center in Torrance, a city in southern California.
Three New Tenants to Join Open-Air Shopping Center in Atlanta
Atlanta — Three new tenants will join Shops Around Lenox, an open-air shopping center in Atlanta’s Buckhead district, in the coming months.
Activation Is a Top Priority for Entertainment Destinations, say EEE Panelists
Santa Monica Calif. — E-commerce has claimed many victims in its siege of brick-and-mortar shopping, but perhaps none more so than big box retailers.
CBL Properties Announces Executive Appointments, Promotions
Chattanooga, Tenn. — Chattanooga-based CBL Properties has promoted Mike Harrison to executive vice president of operations and Alan Lebovitz to executive vice president of management.
Retail Properties of America Names Julie Swinehart Chief Financial Officer
Oak Brook, Ill. — Oak Brook-based Retail Properties of America Inc. (RPAI) has promoted Julie Swinehart as the company’s executive vice president, chief financial officer and treasurer.
NKF Capital Markets Arranges Sale of 278,411-Square-Foot Retail Center in Nevada
Henderson, Nev. — NKF Capital Markets has arranged the sale of Galleria Commons, a 278,411-square-foot shopping center in Henderson.
Pine Tree, Partner Acquire Shopping Center in Idaho for $78.7 Million
Meridian, Idaho — Pine Tree LLC, in partnership with a U.S. state pension fund, has acquired Meridian Crossroads, a 527,000-square-foot shopping center in Meridian, for $78.7 million.

Cushman & Wakefield Arranges $23 Million Sale of Development Site in New York
New York City — Cushman & Wakefield has arranged the sale of a corner development site located in the Flushing neighborhood of Queens.
Moseley to Deliver 20,494-Square-Foot Retail Center in North Carolina
Wake Forest, N.C. — Moseley Real Estate Advisors is underway on 981 Crossing, a 20,494-square-foot retail development in Wake Forest, 18 miles northeast of Raleigh.
Associated Bank Provides $14.5M Construction Loan for Three-Building Retail Project in Illinois
Schaumburg, Ill. — Associated Bank has provided a $14.5 million refinancing and construction loan for a multi-tenant retail project in Schaumburg.
Bianco Properties Acquires 56,120-Square-Foot Shopping Center in Metro Chicago
Downers Grove, Ill. — Bianco Properties has acquired Main Street Square Shopping Center, a 56,120-square-foot shopping center in Downers Grove, located 23 miles west of Chicago.
Retail Insite Arranges $7.2 Million Sale of Grocery Outlet Location in Southern California
Imperial Beach, California — Retail Insite has arranged the $7.2 million sale of a Grocery Outlet store in Imperial Beach, a city in Southern California.
Unicorp Announces $1 Billion Mixed-Use Development in Orlando
Orlando, Fla. — Unicorp National Developments Inc. has unveiled plans for O-Town West, a $1 billion mixed-use development in Orlando.
Brookfield Residential Acquires Developer OliverMcMillan, Including ‘Certain Assets’
Calgary, Alberta And San Diego — Brookfield Residential Properties Inc., the residential development arm of private equity firm Brookfield Asset Management, has closed on its acquisition of OliverMcMillan, a San…
IPA Arranges $55.7 Million Sale of Shopping Center in Ohio
Aurora, Ohio — Institutional Property Advisors (IPA) has brokered the sale of Marketplace at Four Corners in Aurora for $55.7 million.
HFF Arranges $28.2 Million Sale of Publix-Anchored Retail Center in Metro Nashville
Mount Juliet, Tenn. — HFF has arranged the $28.2 million sale of Providence Commons, a 110,137-square-foot shopping center located Mount Juliet, an eastern suburb of Nashville.
CBRE Arranges Sale of 113,742-Square-Foot Grocery-Anchored Retail Center in Texas
Arlington, Texas — CBRE has brokered the sale of Seville Commons, a 113,742-square-foot, Class A retail center in Arlington.

Howard Hughes Breaks Ground on 62,565-Square-Foot Retail Center in Texas
The Woodlands, Texas — The Howard Hughes Corp. has broken ground on Lake Woodlands Crossing, a 62,565-square-foot shopping center in The Woodlands.
UK-based EG Group to Buy Kroger’s Convenience Store Business for $2.1 Billion
Cincinnati — U.K.-based EG Group has agreed to acquire Kroger’s (NYSE: KR) convenience store business for $2.1 billion.
Arby’s Completes $2.9 Billion Acquisition of Buffalo Wild Wings, Launches New Company
Atlanta — Arby’s Restaurant Group Inc. has completed its $2.9 billion acquisition of Buffalo Wild Wings Inc.
Hutton Sells 59-Property, $185.8 Million Retail Portfolio Across U.S.
Chattanooga, Tenn. — Chattanooga-based Hutton has sold a 59-property, single tenant retail portfolio for $185.8 million.
HFF Arranges $83.5 Million Loan for Retail Center in San Francisco Bay Area
Emeryville, Calif. — HFF has arranged an $83.5 million loan for Emeryville Public market, a 141,420-square-foot shopping center in the San Francisco Bay Area community of Emeryville.
Avison Young Arranges $35 Million Sale of Four-Property Shopping Center Portfolio in Georgia
Atlanta — The Atlanta office of Avison Young has arranged the $35 million sale of a four-property retail portfolio in metro Atlanta.
Encore Signs First Tenants to Retail Portion of $750 Million Mixed-Use Project in Orlando
Orlando, Fla. — Encore Capital Management has unveiled the first retailers to join the 200,000-square-foot SunsetWalk at Margaritaville Resort Orlando.
RCG Ventures Sells Five Retail Centers Across Southeast, Acquires Center in Idaho
Atlanta — Atlanta-based RCG Ventures has sold five retail centers across the Southeast and acquired an asset in Idaho.
Real Estate Veteran Matt Bear Launches Investment Services Firm
Las Vegas — Matt Bear, a 28-year commercial real estate veteran, has launched Bear Real Estate Advisors LLC, a boutique real estate services firm.
Cronheim Mortgage Secures $22.5 Million Loan for Retail Center in Connecticut
Shelton, Conn. — Cronheim Mortgage has arranged $22.5 million in permanent financing for The Center at Split Rock, a neighborhood retail property located in Shelton.

Hanley Investment Group Arranges $6.4 Million Sale of Single-Tenant BB&T Bank in South Florida
Bonita Springs, Fla. — Hanley Investment Group has arranged the $6.4 million sale of a 3,272-square-foot building triple-net-leased to BB&T Bank in Bonita Springs.
Bon-Ton Stores Closing 42 Locations
Milwaukee — The Bon-Ton Stores Inc. has identified 42 locations that will be shuttering as part of its previously announced company restructuring.
Joint Venture to Break Ground on Next Phase of 750,000-Square-Foot Shopping Center in Hawaii
Kapolei, Hawaii — DeBartolo Development, in partnership with OPTrust and the Department of Hawaiian Home Lands (DHHL), will break ground this month on the next phase of Ka Makana Ali’i, a…
Stiles, Hensler to Develop 625,000-Square-Foot Mixed-Use Project in Nashville
Nashville, Tenn. — Hensler Development Group, in conjunction with Stiles, has unveiled plans to develop Peabody Union, a 625,000-square-foot mixed-use project in Nashville.
Rainier, CIL2 Acquire 380,600-Square-Foot Power Center in Texas
Corpus Christi, Texas — Rainier Realty Investments LP, an affiliate of Dallas-based The Rainier Cos., has acquired Moore Plaza, a 380,600-square-foot power center in Corpus Christi.
Sembler, Forge Capital Purchase 185,000-Square-Foot Publix-Anchored Shopping Center in Florida
Gainesville, Fla. — The Sembler Co., in partnership with Forge Capital Partners, has acquired Gainesville Shopping Center, a 185,000-square-foot retail center in Gainesville.
Dave & Buster’s to Open 40,000-Square-Foot Venue in Metro Houston
Shenandoah, Texas — Dave & Buster’s will open a 40,000-square-foot location within Metropark Square, a 175,00-square-foot retail and entertainment destination under development in Shenandoah, located 30 miles north of Houston.
Regency Properties Acquires Three Shopping Centers in Northern Indiana
Evansville, Ind. — Evansville-based Regency Properties has acquired three shopping centers in northern Indiana— Columbia Square, Monticello Marketplace and Wabash East.
Triumph Real Estate to Acquire Retail Center in Arizona for $7.2 Million
Scottsdale, Ariz. — Triumph Real Estate Investment Fund has reached an agreement to acquire Bell Park Plaza, a 33,480-square-foot retail center in Scottsdale, for $7.2 million.
Albanese Cormier Acquires Two Shopping Centers in Kentucky Totaling 425,930 Square Feet
NEWPORT, KY. — Albanese Cormier Holdings has acquired two adjacent shopping centers in Newport — Newport Plaza and Newport Shopping Center — for an undisclosed price.

Westwood Financial Acquires 53,079-Square-Foot Shopping Center in Chicago
Chicago — Westwood Financial has acquired Kingsbury Center in Chicago’s North and Clybourn retail corridor for an undisclosed price.
7-Eleven Acquires 1,030 Sunoco Stores Across 17 States for $3.3 Billion
Irving, Texas — 7-Eleven Inc. has closed on the acquisition of approximately 1,030 Sunoco (NYSE: SUN) convenience stores across 17 states.
Joint Venture Acquires Shopping Center in Cincinnati for $29.1 Million
Cincinnati — Rainier Realty Investments LP, along with a fund managed by Continuum Investments Limited and local operator Stark Enterprises, have acquired 32 East in Cincinnati for $29.1 million.
ValueRock Realty Acquires Two Shopping Centers in Northern California for Combined $28.6 Million
Albany and Folsom, Calif. — ValueRock Realty Partners has acquired two shopping centers in Northern California for a combined $28.6 million.
NKF Capital Markets Arranges Sale of Grocery-Anchored Retail Center in San Francisco
San Francisco — NKF Capital Markets has arranged the sale of Diamond Heights Shopping Center, a 75,630-square-foot retail center in San Francisco.
Scott Holmes to Lead Marcus & Millichap’s National Retail Division
Calabasas, Calif. — Marcus & Millichap has hired Scott Holmes as senior vice president and national director of its retail division.
CBRE Arranges $40 Million Sale of New Retail Center Near Los Angeles
Whittier, Calif. — CBRE has arranged the $40 million sale of Friendly Hills Marketplace, an 89,826-square-foot shopping center in Whittier, located 20 miles southeast of Los Angeles.
Regency Acquires Two Retail Centers in New York, New Jersey
Metuchen, N.J. and Hewlett, N.Y. — Regency Centers Corp. has acquired two retail centers located in New Jersey and New York.
Unison, Blue Vista Acquire Shopping Center in Rhode Island for $15.9 Million
Kingstown, R.I. — Unison Realty Partners, in a joint venture with Blue Vista Capital Management, has acquired Hunt River Commons, a 147,270-square-foot shopping center in Kingstown, for $15.9 million.
Cushman & Wakefield Arranges Sales of Two Shopping Centers in Northern California for Combined $47 Million
Santa Rosa and Novato, Calif. — Cushman & Wakefield has arranged the sales of two shopping centers in Northern California for a combined value of $47 million.

JCR Buys Shopping Center in Northern Virginia from EDENS for $31 Million
Manassas, Va. — The JCR Cos. has acquired the Center at Innovation, a 101,990-square-foot shopping center in Manassas, a city in northern Virginia, for $31 million.
Prestige Properties Acquires Grocery-Anchored Retail Center in Metro NYC for $25.4 Million
East Brunswick, N.J. — Prestige Properties and Development has purchased a grocery-anchored retail center in East Brunswick for $25.4 million.
Nike Factory Store to Open at 160-Acre Mixed-Use Development in Florida
Gainesville, Fla. — Representatives of Celebration Pointe have inked a new lease with Nike Factory Store.
Uber Capital Group Arranges $15 Million Acquisition Financing for Shopping Center in Ohio
Maumee, Ohio — Uber Capital Group LLC has arranged a $15 million loan for the $21 million acquisition of The Shops at Fallen Timbers in Maumee, located 10 miles southwest…
Toys ‘R’ Us to Close 182 Stores Across U.S.
Wayne, N.J. — Toys ‘R’ Us is planning to shutter up to 182 underperforming stores across the country as part of its Chapter 11 bankruptcy reorganization plan.
Cushman & Wakefield Secures $68 Million Sale of Newly Constructed Retail Center in Metro Atlanta
Chamblee, Ga. — Cushman & Wakefield has arranged the sale of Peachtree Station, a 106,372-square-foot retail center in Chamblee, a city 15 miles north of downtown Atlanta.
HFF Arranges $38.3 Million Sale of 97,456-Square-Foot Shopping Center in South Florida
Doral, Fla. — HFF has arranged the sale of Bed Bath & Beyond Plaza, a 97,456-square-foot shopping center in Doral, a city in South Florida.
Franklin Street Arranges $13.6 Million Sale of Retail Center in Metro Atlanta
Buford, Ga. — Franklin Street has arranged the $13.6 million sale of Mill Creek Walk, a 36,358-square-foot retail center in Buford, a city 35 miles north of Atlanta.
Brixton Capital Sells 122,133-Square-Foot, Burlington-Anchored Retail Center in Las Vegas
Las Vegas — Brixton Capital has sold a 122,133-square-foot retail center in Las Vegas for an undisclosed price.
Wheeler REIT Acquires 888,917-Square-Foot Shopping Center in Virginia for $85.7 Million
Norfolk, Va. — Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR) has acquired JANAF Shopping Yard, an 888,917-square-foot shopping center in Norfolk, for $85.7 million.

Amazon Opens Prototype 1,800-Square-Foot Checkout-Free Grocery Store in Seattle
Seattle — Amazon.com Inc. (NASDAQ: AMZN) has opened the first location of Amazon Go, an 1,800-square-foot mini grocery store in Seattle that allows customers to shop without waiting in checkout…
The Shopping Center Group Arranges $6.7 Million Sale of Two-Tenant Portion of Retail Center in Florida
St. Augustine, Fla. — The Shopping Center Group has arranged the $6.7 million sale of a two-tenant portion of Riverside Centre, a shopping center in St. Augustine.
CBRE Arranges $5.2 Million Sale of Shopping Center in San Diego
San Diego — CBRE has arranged the sale of Midway Square, a 15,271-square-foot, single-level retail center in San Diego’s Point Loma district.
Faris Lee Arranges $15 Million Sale of CVS/pharmacy-Anchored Center in Southern California
Huntington Beach, Calif. — Faris Lee Investments has arranged the $15 million sale of CVS Beach Garfield Center, a 31,140-square-foot retail property anchored by a freestanding CVS/pharmacy in Huntington Beach.
Shopping Center Group Arranges $8.4 Million Sale of Retail Center in Tampa
Tampa, Fla. — The Shopping Center Group has arranged the $8.4 million sale of Shoppes of Amberly, an 88,000-square-foot shopping center in Tampa.
Retail Bankruptcies Take Toll on CMBS Lenders, Says Trepp
In 2017 alone, over $35 billion in CMBS loans were exposed to risk of default by retailers declaring bankruptcy, according to New York City-based Trepp LLC, which monitors the performance…
PREIT Opens 55,000-Square-Foot Whole Foods Market at Mall in Pennsylvania
Exton, Penn. — PREIT has opened a 55,000-square-foot Whole Foods Market location at Exton Square Mall in Exton.
HFF Arranges Sale of 22,434-Square-Foot Retail Center in San Antonio
San Antonio — HFF has arranged the sale of Nacogdoches Crossing, a 22,434-square-foot shopping center in San Antonio.
SRS Closes $1.4 Million Sale of Shopping Center Near Orlando
Oviedo, Fla. — SRS Real Estate Partners has arranged the $1.4 million sale of Riverside Retail Shoppes, a 10,493-square-foot shopping center in Oviedo, a city 20 miles northeast of Orlando.
Terra Sells Publix-Anchored Shopping Center in South Florida for $72 Million
Doral, Fla. — Terra has sold Doral Commons, a 140,000-square-foot shopping center in Doral, for $72 million.

CBRE Arranges Sale of 243,337-Square-Foot Macy’s at West Oaks Mall in Houston
Houston — CBRE has arranged the sale of Macy’s at West Oaks Mall, a 243,337-square-foot retail property in Houston.
Paragon Realty Group Acquires 131,000-Square-Foot Shopping Center in Massachusetts
Great Barrington, Mass. — Westport, Conn.-based Paragon Realty Group has purchased Barrington Plaza, a grocery-anchored community shopping center in Great Barrington.
NKF Arranges Sale of 15,800-Square-Foot Retail Property in Boston
Boston — Newmark Knight Frank Capital Markets has brokered the sale a retail building in Boston’s Brighton neighborhood.
Net Lease Properties Maintain Pace
The market for single tenant net lease properties in 2017 operated in an environment of ambivalence. At issue were the political uncertainty following the election of a new U.S. president…
Stan Johnson Co. Arranges $15.1 Million Sale of Del Frisco’s Restaurant Location in Central Florida
Orlando, Fla. — Stan Johnson Co. has arranged the $15.1 million sale of a 16,152-square-foot Del Frisco’s Double Eagle Steakhouse location in Orlando.
Franklin Street Negotiates $3.2 Million Sale of New Retail Center in Louisiana
Alexandria, La. — Franklin Street has arranged the $3.2 million sale of The Bulls Eye, a newly constructed, 6,400-square-foot strip retail center in Alexandria.
Faris Lee Arranges $3.2 Million Sale of Starbucks-Occupied Property in Southern California
Fontana, Calif. — Faris Lee Investments has arranged the $3.2 million sale of a newly developed, 2,500-square-foot property triple-net-leased to Starbucks Coffee in Fontana.
Sam’s Club to Shutter 63 Stores, Convert 12 to E-Commerce Facilities
Bentonville, Ark. — Sam’s Club, a division of Wal-Mart Stores Inc. (NYSE: WMT), has announced that it will close 63 club locations across the country.
JLL Arranges Sale of 333,975-Square-Foot Shopping Center in Alabama
Oxford, Ala. — JLL has arranged the sale of Oxford Exchange, a 333,975-square-foot shopping center in Oxford.
Extell Development Closes on $1.1 Billion Financing for Central Park Tower in Manhattan
New York City — Extell Development Co. closed on a $1.1 billion construction loan for Central Park Tower on Dec. 29, 2017.

RAF Pacifica Buys Retail Portion of Mixed-Use Property in Southern California for $24 Million
Encinitas, Calif. — RAF Pacifica Group has acquired the 39,000-square-foot retail portion of Pacific Station, a 100,000-square-foot mixed-use development in Encinitas, for $24 million.
SRS Real Estate Partners Arranges $6.1 Million Sale of Crunch Fitness Location in California
Van Nuys, Calif. — SRS Real Estate Partners has arranged the $6.1 million sale of a 20,600-square-foot Crunch Fitness location in Van Nuys.
Lifescapes to Design Redevelopment of Two Entertainment Destinations in Coastal South Carolina
Myrtle Beach, S.C. — Landscape architectural firm Lifescapes International has been selected to design the landscape for the redevelopment of two entertainment centers in Myrtle Beach — Barefoot Landing and Broadway at…
Topgolf Opens at $350 Million Mixed-Use Redevelopment in Alabama
Huntsville, Ala. — Topgolf has opened at MidCity, a $350 million mixed-use redevelopment under construction in Huntsville.
GBT Realty Acquires Shopping Center in North Carolina for $25.5 Million
Asheville, N.C. — GBT Realty Corp. has acquired Overlook Village, a 153,820-square-foot shopping center in Asheville, for $25.5 million.
G.S. Wilcox Secures $25.2 Million Loan for Retail Development Site in Yorktown
Yorktown, N.Y. — G.S. Wilcox & Co. has secured $25.2 million in financing for the site development of a future Lowe’s Home Improvement Warehouse, which has a 20-year ground lease…
Aztec Group Arranges $24.5 Million Acquisition Loan for Publix-Anchored Center in South Florida
Miami — Aztec Group Inc. has arranged a $24.5 million loan for the acquisition of Old Cutler Town Center, a 106,500-square-foot shopping center in Miami.
Marcus & Millichap Arranges $11.8 Million Sale of New Retail Property in Tampa, Florida
Tampa, Fla. — Marcus & Millichap has arranged the $11.8 million sale of Shoppes of South Dale, a newly constructed, 34,100-square-foot retail property in Tampa.
Capital Retail Properties Breaks Ground on Strip Retail Center Near Houston
La Marque, Texas — Capital Retail Properties has broken ground on La Marque Crossing, a 15,000-square-foot retail strip center located in La Marque, 38 miles southeast of Houston.
Inland Completes Purchase of Four Properties Occupied by Jewel-Osco in Metro Chicago
Chicago — Inland Real Estate Acquisitions LLC has closed on the purchase of four retail properties occupied by Jewel-Osco in suburban Chicago.

Axiom Capital Hires John Freedman as Managing Director
Clifton Park, New York — Axoim Capital Corp. has hired John Freedman as managing director.
Quarry Creek Investors Sells 15,690-Square-Foot Shopping Center in Southern California
Oceanside, Calif. — Quarry Creek Investors has sold Quarry Creek Plaza, a retail center in Oceanside.
Sears, Kmart, Macy’s Unveil List of Store Closures for Early 2018
Hoffman Estates, Ill. And Cincinnati — Sears Holdings Corp. has announced that 64 Kmart stores and 39 Sears stores will close nationwide between March and early April of this year.
Regency Centers Acquires Retail Center in Seattle for $68.3 Million
Seattle — Regency Centers Corp. has acquired Roosevelt Square, a 150,000-square-foot, multi-level shopping center in Seattle.
PREIT Signs Two Experiential Retailers to Shopping Mall in Northern Maryland
Hagerstown, Md. — PREIT has signed two experiential retail tenants to Valley Mall in Hagerstown, a city in northern Maryland.
HFF Arranges $20 Million Sale of Shopping Center in Denver
Denver — HFF has arranged the $20 million sale of Tamarac Shopping Center, a 68,534-square-foot retail center in Denver.
Fifth Third Bank Provides $43 Million Construction Loan for Retail Portion, Parking Garage at Miami Worldcenter
Miami — Fifth Third Bank has provided a $43 million construction loan for the construction of 53,000 square feet of retail space and a 1,100-space parking garage at Miami Worldcenter, a…
CBL Properties Unveils Tenant Lineup for Mall Redevelopment in Illinois
Bloomington, Ill. — CBL Properties has signed three new tenants to Eastland Mall in Bloomington.
What Are the Prospects for an Amazon Merger With Target? Analysts Weigh In
When Gene Munster, managing partner of Minneapolis-based venture capital firm Loup Ventures, predicted that e-commerce giant Amazon (NASDAQ: AMZN) would buy department store chain Target (NYSE: TGT) this year, he…
Mid-America Closes $48.3 Million Sale of Grocery-Anchored Center in Metro Chicago
Wilmette, Ill. — Mid-America Real Estate Corp. has arranged the sale of Plaza Del Lago, a 100,213-square-foot shopping center in Wilmette, a city 20 miles north of Chicago.

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