Minneapolis — Doran Cos. has acquired Calhoun Village Shopping Center, a 90,000-square-foot retail property located in Minneapolis, for $24.9 million.
Wilson, N.C. — HFF has secured $23.3 million in acquisition financing for Heritage Crossing, a 311,030-square-foot, grocery-anchored shopping center located in Wilson, roughly 40 miles west of Greenville.
Los Angeles — NorthMarq Capital has arranged the refinancing of two retail properties in Los Angeles.
Fairfield, Calif. — Sterling Organization has acquired Raley’s Plaza, a 95,441-square-foot shopping center located approximately 40 miles northeast of downtown San Francisco in Fairfield, for $22.8 million.
Oceanside, Calif. — InvenTrust Properties Corp. has acquired Old Grove Marketplace, an 81,279-square-foot shopping center located in the San Diego suburb of Oceanside, for $23.3 million.
Miami — Marcus & Millichap has arranged the $18 million sale of West Sunset Square, a 67,974-square-foot shopping center located in Miami.
Los Banos, Calif. — CBRE’s National Retail Investment Group – West has arranged the sale of Shops at Stonecreek Plaza, a retail strip center located in Los Banos.
St. Louis — Lawrence Group has started construction of City Foundry Saint Louis at Cortex, a $340 million mixed-use redevelopment.
Philadelphia — Benbrooke has sold Franklin Marketplace, a 223,434-square-foot retail power center located in northeastern Philadelphia, for $25.8 million.
Honolulu, Hawaii — Taubman’s International Market Place development has opened in the Honolulu neighborhood of Waikiki.