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Representative imageDhanani Private Equity Group Welcomes New Tenants to San Antonio Shopping CenterSAN ANTONIO — Dhanani Private Equity Group, a Houston-based owner-operator, has welcomed several new tenants to the 635,000-square-foot Park North Shopping Center in San Antonio.
Newmark Arranges $125M Sale of 352K-SF Deer Park Town CenterNewmark has arranged the $125 million sale of Deer Park Town Center, a 352,257-square-foot open-air lifestyle center located in Deer Park, Illinois.
Representative imageAtlantic Capital Partners Negotiates $10.2M Sale of Shopping Center in Springfield, MassachusettsSPRINGFIELD, MASS. — Regional brokerage firm Atlantic Capital Partners (ACP) has negotiated a $10.2 million sale of Boston Commons Plaza, a 103,494-square-foot shopping center in the Western Massachusetts city of Springfield.
Representative imageSterling Organization Buys 69,622 SF Pavilions Marketplace in West HollywoodWEST HOLLYWOOD, CALIF. — West Palm Beach, Fla.-based Sterling Organization, on behalf of its institutional value-add fund Sterling Value Add Partners, has acquired the 69,622-square-foot Pavilions Marketplace in West Hollywood. Terms of the transaction were not released.
Michigan Retail Center Welcomes 11 New TenantsRiverTown Crossings, an indoor shopping mall and entertainment destination in Grandville, Michigan, is expanding its offerings by adding 11 new tenants, bringing a mix of retail, dining and entertainment options to the center. The new leases total 33,208 square feet.
Orion Acquires 88K-SF Boone Retail CenterOrion Real Estate Group paid $26.1 million for Watauga Village, an 88,800-square-foot, Food Lion-anchored neighborhood shopping center at 276 Watauga Village Drive in Boone, North Carolina.
Representative imageJLL Negotiates Sale of Shopping Center in Northwest AustinAUSTIN, TEXAS — JLL has negotiated the sale of Casis Village, a shopping center in northwest Austin’s Tarrytown neighborhood. The square footage was not disclosed, but the site spans 3.4 acres. Grocer Randalls anchors the center, which was 92 percent leased at the time of sale.
PCCP Provides $66.8M Construction Loan for Northern New Jersey Multifamily ProjectFAIR LAWN, N.J. — Los Angeles-based PCCP LLC has provided a $66.8 million senior construction loan for Plaza Greene, a 145-unit multifamily project that will be located in the Northern New Jersey community of Fair Lawn.
Elysee Investments Buys Shopping Center Near Waterford Business District for $28MElysee Investments paid $28 million for a relatively new, fully leased shopping center near Miami’s Waterford Business District.
Representative imageJLL Negotiates Sale of 179,376 SF Shopping Center in Southwest Fort WorthFORT WORTH, TEXAS — JLL has negotiated the sale of Village at Camp Bowie, a 179,376-square-foot shopping center in Fort Worth. Sprouts Farmers Market anchors the center, which is located on the city’s southwest side.
Deer Park Town Center Trades For $125M, Suburban Retail Buying Spree Rolls OnThe sale set the mark for the highest retail deal in the Chicago area in a decade, snatching the record from another center that traded earlier in September.
Brand Street, AEW Buy 410,000 SF Deer Park Town Center in Metro Chicago for $125MDEER PARK, ILL. — Brand Street Properties and AEW Capital Management have acquired Deer Park Town Center, a 410,000-square-foot, open-air shopping center in Deer Park, about 35 miles northwest of downtown Chicago.
New-Construction Vista Strip Center Goes to Institutional BuyerJLL Capital Markets completed the sale of Sunroad Plaza, a 23,540-square-foot retail center at 485 Hacienda Dr. in Vista. The price was not disclosed.
Las Vegas-Based Investor Pays $95M For Massive Suburban Chicago Retail CenterRhino Investments Group acquired the 932K SF shopping center in Mount Prospect from DLC Management.
Newmark Arranges $95M Sale of Randhurst Village Shopping Center in Metro ChicagoMOUNT PROSPECT, ILL. — Newmark has arranged the $95 million sale of Randhurst Village, a 931,798-square-foot power center in Mount Prospect. Conor Lalor and Keely Polczynski of Newmark represented the seller, DLC, with support from colleague Brian Schneiderman.
Representative imageWestwood Financial Acquires 23,300 SF Shopping Center in Burleson, TexasBURLESON, TEXAS — Westwood Financial, a California-based retail investment firm, has acquired South Town Crossing II, a 23,300-square-foot shopping center in Burleson, a southern suburb of Fort Worth.
Hudson Bay Capital Refis Microsoft-Anchored SoHo Building With $85M LoanInterVest Capital Partners has sealed an $85 million loan to refinance an mixed-use office and retail property leased largely to Microsoft in Manhattan’s SoHo neighborhood, Commercial Observer has learned.
Representative imageZara Doubles Footprint at a Macerich Shopping Center in Los Angeles CountyFashion firm Zara is more than doubling its footprint at a Southern California shopping center.
Nashville Retail Portfolio Trades for $54.3MVintage South offloaded a retail center portfolio made up of two Nashville properties. The 134,000-square-foot package was acquired by LBX Investments for $54.3 million. The Infill Nashville Portfolio comprises Breeze Block at 6100-6110 Robertson Ave.
Representative imageJLL Negotiates Sale of 93,785 SF Shopping Center in Linden, New JerseyLINDEN, N.J. — JLL has negotiated the sale of The Shops at Legacy Square, a 93,785-square-foot shopping center located in the Northern New Jersey community of Linden.