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 $308.2 million.
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.