Glen Cove, N.Y. — RXR Realty has broken ground on Garvies Point, a $1 billion waterfront redevelopment in the Long Island city of Glen Cove.
Nashville, Tenn. — Northwestern Mutual has provided $73 million in construction financing for Capitol View, a $750 million, 32-acre mixed-use development underway in Nashville’s North Gulch area.
Spring Hill, Tenn. — NorthMarq Capital has arranged a $28.8 million acquisition loan for The Crossings of Spring Hill, a 219,905-square-foot retail property located in Spring Hill, about 35 miles south of Nashville.
Mandeville, La. — Corporate Realty Inc. has arranged the sale of Northlake Shopping Center, a 166,371-square-foot shopping center located roughly 35 miles outside New Orleans in Mandeville.
Dallas, Texas — CBRE has arranged the sale of Sierra Vista Plaza, a 163,000-square-foot shopping center located in Dallas.
By: Randall Shearin, Editor-in-Chief of Shopping Center Business
Atlanta — Atlanta-based Ackerman & Co. has named Courtney Brumbelow senior vice president of Ackerman Retail.
Mahopac, N.Y. — Heidenberg Properties Group has received final site-plan approval for the renovation and expansion of Lake Plaza Shopping Center, located roughly 50 miles north of New York City in Mahopac.
Bensalem, Media and Lionville, Pa. — ECHO Realty Partners has acquired a portfolio of three grocery-anchored shopping centers located in metropolitan Philadelphia for an undisclosed sum.
Oxford, Miss. — Ziff Properties Inc. has acquired Oxford Marketplace, a 90,171-square-foot shopping center located in Oxford.