Franklin, Tenn. — CBL & Associates Properties Inc. is set to begin a multi-million dollar renovation at CoolSprings Galleria, a more than 1 million-square-foot super-regional mall located in the Nashville suburb of Franklin.
Arlington, Texas — Pierson Retail Advisors (PRA) has arranged the sale of Southwest Plaza, a 104,766-square-foot shopping center located in Arlington.
Fort Lauderdale, Fla. — Marcus & Millichap has brokered the $26.1 million sale of a 189,543-square-foot Walmart Supercenter in Fort Lauderdale.
Fallbrook, Calif. — Gerrity Group has acquired Fallbrook Mercantile Center, a 70,410-square-foot grocery-anchored shopping center located in the San Diego-area community of Fallbrook, for $23.6 million.
Birmingham, Ala. — Bayer Properties has signed a 1,558-square-foot lease with Lush to open its first Alabama location at The Summit in Birmingham.
The Woodlands, Texas — Broken Barrel is set to open a 3,483-square-foot restaurant on the ground level of One Lakes Edge, an 825,000-square-foot multifamily and retail complex located within Hughes Landing in The Woodlands.
Newport Beach, Calif. — Dallas-based SRS Real Estate Partners has launched SRS National Net Lease Group, a newly created platform offering advisory services for investors of single-tenant and net lease retail properties nationwide.
Chicago — Chicago-based BlueRoad Ventures has acquired a $139 million national retail portfolio consisting of 48 assets across 18 states from Brauvin Net Lease.
Houston — Tailored Brands Inc. (NYSE: TLRD), the recently formed parent company of the Men’s Wearhouse and Jos. A. Bank menswear brands, plans to close approximately 250 of its stores in fiscal year 2016, according to the company’s fourth-quarter earnings report released March 9.
Austin, Texas — Ten-X, formerly Auction.com, is set to launch its new transaction platform, Ten-X Commercial, at the South By Southwest Interactive Festival in Austin.