Placentia, Calif. — NewMark Merrill Cos. LLC has acquired Placentia Town Center, a 116,832-square-foot shopping center in Placentia, a city in southern California.
Toms River, N.J. — HFF has arranged a $17.4 million loan for the acquisition of Commons at Hooper, a 120,349-square-foot shopping center in the coastal New Jersey community of Toms River.
Palmdale, Calif. — Hanley Investment Group has arranged the $2.7 million sale of a 24,695-square-foot retail property net-leased to Harbor Freight Tools in Palmdale, 70 miles north of Los Angeles.
Hoffman Estates, Ill. — Sears Holdings Corp. will close 63 stores in late January. Of the store closures, 45 are Kmart stores and 18 are Sears locations.
Simpsonville, S.C. — HFF has arranged the $10.7 million sale of Five Forks Shopping Center, a 70,177-square-foot, BI-LO-anchored center in Simpsonville, South Carolina.
New York City — Rosewood Realty Group has arranged the sale of a retail building located in the South Astoria section of Queens in New York City.
Tustin, Calif. — Lee & Associates has arranged the sale of a retail building located within the Newport & Main Center in Tustin, 35 miles southeast of Los Angeles.
Murrieta, Calif. — HFF has arranged the $56.6 million sale of Murrieta Town Center, a 334,939-square-foot shopping center in the Southern California town of Murrieta.
Fort Worth, Texas — Hillwood has broken ground on Parkside at Alliance Town Center, a 3.5-acre dining and entertainment destination that will be located within the 900-acre AllianceTexas development in Fort Worth.
Murfreesboro, Tenn. — Cohen Financial, a division of SunTrust Bank, has arranged a $13 million loan for the acquisition of Towne Center, a 108,000-square-foot retail center in Murfreesboro, 35 miles southeast of Nashville.