Hazel Crest, Ill. and Birmingham, Ala. — Baceline Investments LLC has acquired two shopping centers totaling 115,000 square feet in the Chicago suburb of Hazel Crest and Birmingham.
Sunrise, Fla. — Construction is underway on the residential component of Metropica, a more than 4 million-square-foot mixed-use development located in Sunrise, Florida.
Lexington, Ky. — Bayer Properties has announced plans for an artisan food hall to open at The Summit at Fritz Farm, a mixed-use development located in Lexington.
Atlanta — SRS Atlanta has arranged the $15.6 million sale of Shannon Crossing Shopping Center, a Kroger-anchored property located at 4550 Jonesboro Road in Atlanta.
Buffalo, N.Y. — Buffalo-based M&T Bank has provided $13 million in financing for the acquisition of eight CVS/pharmacy properties in Long Island, Upstate New York, Connecticut and Massachusetts.
Lynchburg, Va. — CBL & Associates Properties Inc. has sold the majority interest in River Ridge, a 764,243-square-foot regional mall located in Lynchburg, to Liberty University.
San Francisco — Broe Real Estate Group has acquired Oceanview Village Shopping Center, a 98,406-square-foot shopping center located in San Francisco, for $30.6 million.
Hendersonville, Tenn. — U.S. Properties Group has acquired The Streets of Indian Lake, a 249,121-square-foot lifestyle center located in Hendersonville, roughly 18 miles outside of downtown Nashville.
Bucyrus, Ohio — Regency Properties has acquired East Pointe Plaza, a 70,882-square-foot shopping center located in Bucyrus.
Birmingham, Mich. — Robert B. Aikens, chairman and founder of Birmingham-based Robert B. Aikens & Associates LLC, passed away on March 2 at the age of 86.