Sterling Acquires Two-Property Retail Portfolio in Metro Chicago
Hillside And Oswego, Ill. — Sterling Organization has acquired a two-property retail portfolio in metro Chicago for an undisclosed price.
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NKF Capital Markets Arranges Sale Powerhouse Plaza in New Hampshire
West Lebanon, N.H. — NKF Capital Markets has arranged the sale of Powerhouse Plaza, an 81,317-square-foot retail property in West Lebanon.
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TREO Group Receives $33 Million Construction Loan for Mixed-Use Waterfront Project in Miami’s Coconut Grove
Miami — The TREO Group has received a $33 million loan from FirstBank Florida for the construction of Regatta Harbour, a mixed-use waterfront development located in Miami’s Coconut Grove neighborhood
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Harsch Investment Properties Acquires Gresham Station Shopping Center in Metro Portland for $64.5 Million
Gresham, Ore. — Harsch Investment Properties has acquired Gresham Station Shopping Center in Gresham for $64.5 million.
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SRS Arranges $15.6 Million Sale of Spruce Plaza in Inland Empire
Rancho Cucamonga, Calif. — SRS Real Estate Partners has arranged the $15.6 million sale of Spruce Plaza, a 15,555-square-foot retail center located in the Inland Empire community of Rancho Cucamonga.
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Berkeley Capital Arranges $15.5 Million Sale of Grocery-Anchored Shopping Center in North Carolina
Raleigh, N.C. — Berkeley Capital Advisors has arranged the $15.5 million sale of Greystone Village, an 85,649-square-foot shopping center in Raleigh.
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Joint Venture Acquires Prairie View Plaza in Metro Chicago for Redevelopment
Morton Grove, Ill. — Kensington Development Partners and IM Properties have acquired Prairie View Plaza Shopping Center, a 310,000-square-foot retail center in Morton Grove.
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Select Strategies Purchases Seven-Property Shopping Center Portfolio in Metro St. Louis for $78.4 Million
St. Louis — Select Strategies Retail Holdings V LLC, an affiliate of privately held real estate investment firm Select Strategies Realty, has purchased a seven-property shopping center portfolio in metro St. Louis for $78.4 million.
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Quantum Capital Secures $16 Million Refinancing for Retail Center in Downtown Los Angeles
Los Angeles — Quantum Capital Partners has secured a $16 million loan for the recapitalization of a retail center in downtown Los Angeles’ Arts District.
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New England Development Signs Planet Fitness, Burlington to Westgate Mall in Metro Boston
Brockton, Mass. — New England Development has signed Planet Fitness and Burlington to Westgate Mall in Brockton, a city 25 miles south of Boston.
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