Reno, Nev. — Shopoff Realty Investments has acquired Firecreek Crossing, a 348,000-square-foot regional power center located at the intersection of Kietzke Lane and Redfield Parkway in Reno, for $48.5 million.
Danbury, Conn. — NorthMarq Capital has arranged a $20 million refinance for North Street Shopping Center, a 212,406-square-foot retail property located in the New York City suburb of Danbury, Connecticut.
Grand Prairie, Texas — Southlake, Texas-based United Development Co. has begun the redevelopment of the former UA Theater Grand Prairie 10, located at the corner of Westchester Parkway and Carrier Parkway in Grand Prairie.
Tempe, Ariz. — ViaWest Group has acquired a 68,000-square-foot retail site located in Tempe for $2 million.
Ventura, Calif. — IRA Capital Advisors has acquired Poinsettia Plaza, a 153,200-square-foot shopping center located in Ventura, for $50 million.
Ukiah, Calif. — Hanley Investment Group has arranged the $15 million sale of Ukiah Crossroads, a 106,460-square-foot shopping center located in Ukiah.
Los Angeles — Next Century Partners has received $1 billion in construction financing for the Century Plaza mixed-use project in Los Angeles. The $2.5 billion project will include two residential towers, restaurants and retail shops.
Ukiah, Calif. — Meridian Capital Group has secured $19.6 million in acquisition financing for the purchase and repositioning of Pear Tree Center in Ukiah.
Woodbridge, Va. — The JBG Cos. have announced seven new retailers and restaurants set to open at Stonebridge at Potomac Town Center, a 482,631-square-foot retail center located in the Washington, D.C., suburb of Woodbridge, Virginia.
Three Rivers, Mich. — Friedman Integrated Real Estate Solutions has arranged the sale of Three Rivers Shopping Center, a 91,264-square-foot retail center located roughly 30 miles south of Kalamazoo in Three Rivers.