Miami Beach, Fla. — HFF has arranged the sale of a seven-property retail portfolio located in Miami Beach’s Sunset Harbour neighborhood.
Miami — Ocean Bank has provided a $60 million loan for the refinancing of Kendall Village, a 256,000-square-foot shopping center in Miami.
Visalia, Calif. — Kidder Mathews has arranged the $8.7 million sale of The Shops at Visalia Pavilion in Visalia.
Cincinnati — Phillips Edison & Co. Inc. (PECO) has entered into a definitive merger agreement with Phillips Edison Grocery Center REIT II, a publicly traded REIT currently advised and managed by PECO.
Hurstbourne, Ky. — Viking Partners Fund III LLC has unveiled plans for the redevelopment of Hurstbourne Business Park, a 27-acre property located at the intersection of Shelbyville Road and Hurstbourne Parkway in Hurstbourne, roughly 13 miles east of Louisville.
Walnut Creek, Calif. — MetLife Investment Management and Northwestern Mutual have provided a $450 million, fixed-rate loan for Broadway Plaza, a 958,000-square-foot, open-air retail center in Walnut Creek.
Naples, Fla. — HFF has arranged the sale of Neapolitan Way, a 137,580-square-foot, Publix-anchored shopping center in the Southwest Florida city of Naples.
Greensboro, N.C. — Branch Properties LLC has signed three tenants to Westridge Square, a 215,000-square-foot shopping center in Greensboro.
Cary, N.C. — HFF has arranged $28.8 million in preferred equity and construction financing for the development of the first phase of Twin Lakes Center, a 153,229-square-foot retail center in Cary.
Woonsocket, R.I. — Out of the Box Ventures LLC, a subsidiary of Lionheart Capital, has acquired Walnut Hill Plaza in Woonsocket.