Palmdale, California — Faris Lee Investments has arranged the sale of two single-tenant, freestanding retail buildings in Palmdale for a combined total of $7.4 million.
Raleigh, N.C. — Regency Centers, in partnership with ITB Holdings LLC, will break ground this month on Midtown East, a new retail center in Raleigh.
Palm Beach Gardens, Fla. — HFF has arranged the $25 million sale of LA Fitness Plaza, a 105,453-square-foot fitness-anchored shopping center in the South Florida community of Palm Beach Gardens.
Kirkland, Wash. — Capital Pacific has arranged the $9.1 million sale of Totem Lake Center, a 7,600-square-foot shopping center in Kirkland, 11 miles northeast of Seattle.
Waterford Township, Mich. — Gerdom Realty & Investment has arranged the sale of a 230,500-square-foot former Sears building at Summit Place Mall in Waterford Township, 30 miles north of Detroit.
Los Angeles — Nordstrom Inc. has opened its newest Los Angeles full-line store at Westfield Century City, a re-location from Westside Pavilion.
San Antonio, Texas — MIMCO has acquired City Base Landing, a 200,000-square-foot shopping center in San Antonio.
Dublin, Calif. — Ross Stores has opened 30 Ross Dress for Less and 10 dd’s Discounts stores across 22 different states in September and October.
Dallas — EDGE Realty Capital Markets has arranged the sale of Parkway Corners, a 67,486-square-foot retail property in Dallas.
Pittsboro, N.C. — Eco Group, a joint venture between John Fugo of Montgomery Carolina LLC and Kirk Bradley of Lee-Moore Capital Co., has unveiled plans for Mosaic, an $800 million mixed-use project in Pittsboro, 30 miles southwest of Raleigh-Durham.