Chattanooga, Tenn. — Chattanooga-based CBL Properties has promoted Mike Harrison to executive vice president of operations and Alan Lebovitz to executive vice president of management.
Oak Brook, Ill. — Oak Brook-based Retail Properties of America Inc. (RPAI) has promoted Julie Swinehart as the company’s executive vice president, chief financial officer and treasurer.
Meridian, Idaho — Pine Tree LLC, in partnership with a U.S. state pension fund, has acquired Meridian Crossroads, a 527,000-square-foot shopping center in Meridian, for $78.7 million.
Wake Forest, N.C. — Moseley Real Estate Advisors is underway on 981 Crossing, a 20,494-square-foot retail development in Wake Forest, 18 miles northeast of Raleigh.
Downers Grove, Ill. — Bianco Properties has acquired Main Street Square Shopping Center, a 56,120-square-foot shopping center in Downers Grove, located 23 miles west of Chicago.
Imperial Beach, California — Retail Insite has arranged the $7.2 million sale of a Grocery Outlet store in Imperial Beach, a city in Southern California.