Mesa, Ariz. — HFF has arranged $6.3 million in acquisition financing for Marketplace at Signal Butte, a 116,358-square-foot grocery-anchored center located in Mesa.
Atascocita, Texas — Baker Katz has broken ground on the redevelopment of two retail buildings totaling 33,000 square feet in the Houston suburb of Atascocita.
Livonia, Mich. — Friedman Integrated Real Estate Solutions has arranged the sale of L.A. Plaza, a 34,965-square-foot retail center located in the Detroit suburb of Livonia.
Manassas, Va. — The JCR Cos. has acquired Signal Hill Shopping Center, a 105,781-square-foot shopping center located in the Washington, D.C., suburb of Manassas, for $22.6 million.
Huntington Beach, Calif. — Hanley Investment Group has arranged the $18.6 million sale of a newly redeveloped retail center located on the corner of Brookhurst Street and Adams Avenue in Huntington Beach.
Associated Bank Provides $4.65M Acquisition and Construction Loan for Retail Center in Metro Chicago
Gurnee, Ill. — Associated Bank has provided a $4.65 million acquisition and construction loan for Gurnee Investment Partners LLC to acquire land and construct a 14,800-square-foot retail center in the Chicago suburb of Gurnee.
Lafayette, La. — Stirling Properties and CBL & Associates Properties Inc. have opened Ambassador Town Center in Lafayette.
San Francisco — Lennar Urban has won approval for its updated development plans for Candlestick Point, a massive mixed-use development planned for the site of Candlestick Park, former home of the San Francisco 49ers football team.
Cleveland — Detroit-based Bedrock Real Estate Services has acquired The Avenue Shops at Tower City Center, a three-story, 366,000-square-foot retail center located in downtown Cleveland, from Forest City Realty Trust Inc.
Cincinnati —Cincinnati-based Phillips Edison Grocery Center REIT II Inc. and TPG Real Estate have formed a partnership to acquire high-quality, value-added grocery-anchored shopping centers throughout the U.S.