Grand Rapids, Mich. — PREIT is underway on an extensive redevelopment of the 1.1 million-square-foot Woodland Mall in Grand Rapids.
Benton, Ark. — GBT Realty Corp. has signed six new tenants to The Shoppes of Benton, a 170,000-square-foot shopping center in Benton, located 25 miles southwest of Little Rock.
Woodland Park, N.J. — Encore Real Estate Investment Services has arranged the $12 million sale of a property net-leased to Best Buy in Woodland Park.
Tampa, Fla. — HFF has arranged the $4.5 million sale of a 15,942-square-foot property net-leased to Walgreens in Tampa.
Irvine, Calif. — Irvine Co. Retail Properties has completed a $200 million renovation at Irvine Spectrum Center, a shopping center located in the Southern California community of Irvine.
Indio, Calif. — Red Mountain Group Inc. has acquired Indio Towne Center, a 560,000-square-foot shopping center located in Indio, a city in Southern California’s Coachella Valley.
Nashua, N.H. — NKF Capital Markets has arranged the sale of Royal Ridge Center, a 220,100-square-foot shopping center in Nashua.
Rialto, Calif. — Lewis Retail Centers has opened the first portion of Renaissance Marketplace, a 430,000-square-foot shopping, dining and entertainment center located in Rialto.
Terrell, Texas — A partnership between RealtyLink and Oakridge Investments is underway on Crossroads at Terrell, a 190,000-square-foot retail development in Terrell, located 28 miles east of downtown Dallas.
Yorba Linda, Calif. — CBRE has arranged the sale of The Shops at Yorba Linda, a three-building retail center located in the Orange County community of Yorba Linda.