NEW YORK — ShopOne Centers REIT Inc. has launched a new shopping center ownership entity under the leadership of retail real estate veteran Michael Carroll.
Los Angeles — Westfield Corp., a mixed-use developer based in Sydney, Australia, is opening its $1 billion redevelopment of Westfield Century City mall in the Century City district of Los Angeles on Tuesday, Oct. 3.
Scottsdale, Ariz. — A subsidiary of Sand Capital has acquired a portfolio of 47 CVS/pharmacy stores located throughout the country for $275 million.
Kailua-Kona, Hawaii — Faris Lee Investments has arranged the $21.8 million sale of Coconut Grove Marketplace, a 49,513-square-foot retail center in Kailua-Kona on the Big Island of Hawaii.
Denton, Md. — Neuman Commercial Group LLC has arranged the $12 million sale of Denton Plaza, a 100,000-square-foot retail center in Denton.
Longmont, Colo. — NewMark Merrill Mountain States has secured $62 million in refinancing and completed construction on Village at the Peaks, a 442,000-square-foot shopping center in Longmont.
Cherry Hill, N.J. — PREIT has opened a 26,000-square-foot location for Zara at Cherry Hill Mall in Cherry Hill, located nine miles east of Philadelphia.
Charleston, S.C. — Stiles has signed Publix to anchor Point Hope Commons, a 90,000-square-foot shopping center located within Cainhoy Plantation, a mixed-use community under development in Charleston.
Kyle, Texas — InvenTrust Properties Inc. has acquired Kyle Marketplace, a 226,000-square-foot shopping center located in the Austin suburb of Kyle, Texas, for approximately $59 million.
Fort Mill, S.C. — Preferred Apartment Communities (PAC) has purchased West Town Market, a 67,883-square-foot shopping center in Fort Mill, a South Carolina suburb of Charlotte, for $14.3 million.