Winchester, Va. — An affiliate of Baltimore-based Klein Enterprises has purchased Pleasant Valley Shopping Center, a 104,703-square-foot shopping center located at 2021-2065 S. Pleasant Valley Road in Winchester, for $15.9 million.
Macon, Ga. — Wheeler Real Estate Investment Trust Inc. has purchased Rivergate Shopping Center, a 205,811-square-foot, Publix-anchored development located in Macon.
North Palm Beach, Fla. — The Shopping Center Group and Avison Young have brokered the $12.6 million sale of Northlake Promenade Shoppes, an 82,966-square-foot, Publix-anchored shopping center in North Palm Beach.
Moreno Valley, Calif. — HFF has secured a $7.3 million refinancing for Ironwood Plaza, a 56,289-square-foot shopping center located in the Inland Empire community of Moreno Valley.
Tempe, Ariz. — A joint venture between Opus Development Group LLC and Seventh Street Tempe AZ Manager LLC has begun construction on a mixed-use development located at the northwest corner of University Drive and Forest Avenue in Tempe.
Detroit — The Scott at Brush Park, a $65 million mixed-use development offering 199 luxury residential units and 15,000 square feet of retail space, has opened in Detroit.
Laredo, Texas — Marcus & Millichap has arranged the sale of Independence Plaza III, a 73,276-square-foot shopping center located in Laredo.
Stone Mountain, Ga. — HRE Citadel Square LLC, an affiliate of Highline Real Estate Capital, has acquired Citadel Square, a 50,878-square-foot shopping center located roughly 20 miles outside Atlanta in Stone Mountain.
Maui and Kauai, Hawaii — TRC, formerly Terramar Retail Centers, is in the final phase of construction on two shopping centers located on the islands of Maui and Kauai in Hawaii.
Bear, Del. — HFF has secured a $35 million refinancing for Governor’s Square Shopping Center, a 294,213-square-foot shopping center located in the Wilmington suburb of Bear.