Paramus, N.J. — NorthMarq Capital has arranged $49.4 million of floating-rate financing for a 244,000-square-foot, four-property retail portfolio on Route 17 in Paramus.
Raleigh, N.C. — CBL & Associates Properties Inc. (NYSE: CBL) has closed on a new joint venture with DRA Advisors LLC that significantly reduces the retail real estate investment trust’s ownership stake in Triangle Town Center and Commons mall in Raleigh.
Columbus, Ga. — Marcus & Millichap has arranged the $2.39 million sale of a 41,117-square-foot Walmart Neighborhood Market located in Columbus.
Newnan, Ga. — Bayer Properties has been selected to lease and market Ashley Park, a 554,364-square-foot regional, open-air shopping center located in Newnan.
Cincinnati —Viking Partners Fund II, launched in 2012 by Cincinnati-based Viking Partners LLC, has sold three shopping centers for an aggregate purchase price of $17.6 million.
Dallas and Lewisville, Texas — Pierson Retail Advisors (PRA) has arranged the sale of two shopping centers located in Lewisville and Dallas.
Phoenix — Colliers International has arranged the $9.7 million sale of Mountain Park Plaza, an 87,672-square-foot shopping center located in Phoenix.
Las Colinas, Texas — Skanska has signed a $94 million contract with Charlotte-based ARK Group to build the Irving Music Factory in Las Colinas.
Frisco and San Angelo, Texas — In two separate transactions, Quantum Capital has arranged $22.15 million in refinancing for two regional shopping centers located in Frisco and San Angelo.
St. Petersburg, Fla. — Colliers International has arranged the $16 million sale of the Shoppes at the Royale, a 46,020-square-foot shopping center shadow-anchored by Publix in St. Petersburg.