Rancho Cucamonga, Calif. — Hanley Investment Group Real Estate Advisors, in conjunction with Voit Real Estate Services, has arranged the $9.8 million sale of RC Plaza, a 37,239-square-foot retail center in Rancho Cucamonga, a city in San Bernardino County.
Roseville, Mich. — Encore Real Estate Investment Services has arranged the $3.4 million sale of a freestanding retail building leased to Applebee’s in Roseville, located 18 miles northeast of Detroit.
Dallas — Disney Investment Group (DIG) has arranged the sales of three shopping centers totaling 359,309 square feet in the Dallas and Houston metros.
Brandywine, Md. — Velocis, in partnership with Katz Properties, has acquired Brandywine Crossing, a 230,925-square-foot retail center in Brandywine, 20 miles southeast of Washington, D.C. The name of the seller and sales price were not disclosed. Safeway anchors the open-air center, which is also home to tenants such as Marshalls, Target and Costco. Katz Properties will manage the center. The transaction marks Velocis’ fifth acquisition in the Washington, D.C., metro area since 2011.
Orlando, Fla. — HFF has arranged the sale of Dellagio Town Center, a 109,890-square-foot retail center located along Orlando’s Restaurant Row.
Chandler, Ariz. — JLL has arranged the sale of Ocotillo Plaza, a retail building located in Chandler’s Ocotillo area.
Chicago — Craft brewery 5 Rabbit Cerveceria has signed a 12,000-square-foot lease to be the first retail tenant at Mural Park in Chicago’s Pilsen neighborhood.
Washington, D.C. — The U.S. Supreme Court ruled on South Dakota vs. Wayfair on Thursday, June 21, effectively ending the protections of Quill vs. North Dakota that allowed tax free e-commerce and catalog sales.
Plano, Texas — After announcing on Monday, June 18, it had entered into an agreement to be acquired by Vintage Capital Management, Rent-A-Center Inc. (NASDAQ/NGS: RCII) has seen its stock price increase steadily throughout the week.
Hamilton, N.J. — Houlihan-Parnes Realtors has arranged a $17 million refinancing for Independence Plaza, a shopping center in Hamilton.
