Elizabeth City, N.C. — IRC Retail Centers Inc. has purchased Tanglewood Pavilions, a newly built, 158,000-square-foot retail power center located in Elizabeth City.
Alexandria, Va. — KLNB Retail has arranged the sale of New Grand Shopping Center, a 65,330-square-foot shopping center located in Alexandria, roughly 10 miles outside of Washington, D.C.
Riverview, Fla. — NorthMarq Capital has arranged the $14 million refinancing of Publix at Summerfield Crossings, a 69,917-square-foot shopping center located at 13146 U.S. Highway 301 South in Riverview.
San Marcos, Texas — On April 25, fast-casual restaurant chain Newk’s Eatery will open its first location in San Marcos.
Cedar Park, Texas — Endeavor Real Estate Group has signed leases with more than 20 tenants for its retail development The Parke, located in the Austin suburb of Cedar Park.
Schererville, Ind. — Pine Tree Commercial Realty LLC has acquired Town Square shopping center, a 138,571-square-foot center located 45 minutes away from Chicago in Schererville, for $23 million.
Bellflower and Gardena, Calif. — SBH Real Estate Group Inc. has acquired a freestanding retail building located in Bellflower and a retail center located in Gardena for an aggregate price of $6.2 million.
Meriden, Conn. — Vestis Retail Group LLC, the parent company of sporting goods and apparel retailers Eastern Mountain Sports (EMS), Bob’s Stores and Sport Chalet, filed for Chapter 11 bankruptcy on Monday.
Roswell, Ga. — HFF has secured a $9.75 million refinancing for Connexion at Holcomb Bridge, a 106,769-square-foot retail center in the Atlanta suburb of Roswell, Georgia.
Taylorsville, Utah — Regal Cinemas has broken ground on an over $20 million megaplex located at The Crossroads of Taylorsville shopping center in the Salt Lake City suburb of Taylorsville, Utah.