Los Angeles — Marcus & Millichap has arranged the $1.1 million sale of a 5,104-square-foot mixed-use retail and multifamily property located in Los Angeles.
New York City — American Finance Trust Inc. (AFIN) has acquired all of the outstanding common stock of American Realty Capital – Retail Centers of America Inc. (RCA) for approximately $1.4 billion, including the assumption or repayment of $432 million in debt.
Inverness, Ala. — Branch Properties LLC has acquired two shopping centers in the Birmingham suburb of Inverness, Alabama, from Bayer Properties.
Lewisville, Texas — Pierson Retail Advisors (PRA) has arranged the sale of Lewisville Village, a 24,290-square-foot strip center located in the Dallas suburb of Lewisville.
Pearl City, Hawaii — Sonnenblick-Eichner Co. has secured a $59 million first mortgage debt to refinance Pearl City Gateway, a 146,205-square-foot shopping center located roughly 12 miles outside of Honolulu in Pearl City, Hawaii.
Lady Lake, Fla. — CBRE has arranged the $37.8 million sale of Rolling Acres, a 189,390-square-foot shopping center located along U.S. Highway 441 in Lady Lake.
Savannah, Ga. — SRS Real Estate Partners has arranged the sale of Savannah Mall, a 940,408-square-foot enclosed mall in Savannah.
Irvine, Calif. — Wesco Properties Inc. has acquired a two building retail site located in Irvine for $13.7 million.
Amarillo, Texas — BMC Capital has secured a $1 million acquisition loan for a net-leased Dunkin’ Donuts store in Amarillo.
Reston, Va. — The Chevy Chase Land Co. has acquired South Lakes Village Shopping Center, a 110,000-square-foot retail center located roughly 25 miles outside of Washington, D.C., for $62 million.