Doral, Fla. — HFF has arranged the sale of Bed Bath & Beyond Plaza, a 97,456-square-foot shopping center in Doral, a city in South Florida.
Buford, Ga. — Franklin Street has arranged the $13.6 million sale of Mill Creek Walk, a 36,358-square-foot retail center in Buford, a city 35 miles north of Atlanta.
Las Vegas — Brixton Capital has sold a 122,133-square-foot retail center in Las Vegas for an undisclosed price.
Norfolk, Va. — Wheeler Real Estate Investment Trust Inc. (NASDAQ: WHLR) has acquired JANAF Shopping Yard, an 888,917-square-foot shopping center in Norfolk, for $85.7 million.
Seattle — Amazon.com Inc. (NASDAQ: AMZN) has opened the first location of Amazon Go, an 1,800-square-foot mini grocery store in Seattle that allows customers to shop without waiting in checkout lines.
St. Augustine, Fla. — The Shopping Center Group has arranged the $6.7 million sale of a two-tenant portion of Riverside Centre, a shopping center in St. Augustine.
San Diego — CBRE has arranged the sale of Midway Square, a 15,271-square-foot, single-level retail center in San Diego’s Point Loma district.
Huntington Beach, Calif. — Faris Lee Investments has arranged the $15 million sale of CVS Beach Garfield Center, a 31,140-square-foot retail property anchored by a freestanding CVS/pharmacy in Huntington Beach.
Tampa, Fla. — The Shopping Center Group has arranged the $8.4 million sale of Shoppes of Amberly, an 88,000-square-foot shopping center in Tampa.
In 2017 alone, over $35 billion in CMBS loans were exposed to risk of default by retailers declaring bankruptcy, according to New York City-based Trepp LLC, which monitors the performance of securitized commercial mortgages.