Birmingham, Ala. — CBRE has arranged the $8.4 million sale of The Shops on Montevallo, a 64,851-square-foot shopping center located in Birmingham.
Los Angeles and San Diego — Savills Studley has arranged the sale of a pair of shopping centers in Southern California for a combined sales price of $352 million.
Murfreesboro, Tenn. — Sterling Organization has signed a lease with Carmike Cinemas to open a new nine-screen, 47,000-square-foot Ovation Cinema Grill at Stones River Mall, a 594,588-square-foot enclosed regional mall located in the Nashville suburb of Murfreesboro.
Waterbury, Conn. — Katz Properties has acquired Mattatuck Commons, a shopping center located in Waterbury, for $21.6 million.
Chicago — Intercontinental Real Estate Corp. has sold the River East Center, a 251,060-square-foot, mixed-use property in the Streeterville area of downtown Chicago.
New York City — Macerich has announced that Primark and Zara will be opening as part of a redevelopment at Kings Plaza, a 1.1 million-square-foot enclosed mall located in the New York City borough of Brooklyn.
Louisville, Ky. — InvenTrust Properties Corp. has sold Westport Village, a 169,000-square-foot lifestyle center located in Louisville, for $23.75 million.
St. Louis — Mid-America Real Estate Corp. has arranged the $15.2 million sale of Southtown Centre, an 88,364-square-foot shopping center located in St. Louis.
Glendale, Ariz. — Lee & Associates has arranged the $8.7 million sale of North Canyon Ranch, a 70,428-square-foot, Goodwill-anchored shopping center located in Glendale.
Baltimore City, Md. — Greysteel has arranged the $7.5 million sale of Waverly Towers, a 51,550-square-foot urban retail center located in Baltimore City.