El Monte, Calif. — Decron Properties has sold El Monte Shopping and Automotive Center, a 473,347-square-foot automotive and retail center located in El Monte, to Merlone Geier Partners for $84.5 million.
Pittsburgh — HFF has arranged a $61 million refinancing for a four-property portfolio of grocery-anchored shopping centers totaling 542,683 square feet in Illinois, Indiana, North Carolina and South Carolina.
St. Augustine, Fla. — The Boulder Group has arranged the $3.15 million sale of a single-tenant, net-leased Walgreens property located in St. Augustine.
Ithaca, N.Y. — Marcus & Millichap has arranged the $16.8 million sale of a net-leased BJ’s Wholesale Club with a fuel station located at the Shops at Ithaca Mall in Ithaca.
Albuquerque, N.M. — Houlihan-Parnes has arranged a $9.1 million refinancing for Ladera Shopping Center, a 128,712-square-foot shopping center located in Albuquerque.
Raytown, Mo. — The Boulder Group has arranged the $6 million sale of a single-tenant net-leased Walgreens property located at 9300 East Gregory Blvd. in Raytown.
Fort Collins, Colo. — NorthMarq has arranged a $3.7 million refinancing for 3636 and 3700 South College Avenue retail in Fort Collins.
Los Angeles — Forest City Realty Trust Inc. has started phase two of the redevelopment, preservation and adaptive re-use of the Subway Terminal Building, originally built in 1925 by Pacific Electric Railroad in Downtown Los Angeles.
Hattiesburg, Miss. — Stirling Properties has purchased Turtle Creek Crossing, a 295,000-square-foot power retail center in Hattiesburg, for $48.1 million.
New York City — SL Green Realty Corp. and The Moinian Group have signed a 23-year, 43,000-square-foot lease with Nordstrom to anchor three levels of retail space at 3 Columbus Circle in Manhattan.