Alamo, Calif. — Donahue Schriber Realty Group has acquired Alamo Plaza, a 195,147-square-foot shopping center located in Alamo, from Investco Advisors Inc.
Allentown, Pa. — Allentown-based CrossAmerica Partners LP has agreed to acquire 31 franchise Holiday stores located in Wisconsin and Minnesota from SSG Corp. for $48.5 million.
Gaithersburg, Md. — Elion Partners has completed a major capital improvement program for Goshen Plaza, a 45,654-square-foot shopping center in Gaithersburg.
Los Angeles — Newmark Grubb Knight Frank (NGKF) has added eight professionals to comprise the firm’s retail brokerage team specializing in the sale and leasing of suburban retail product in Southern California and the western region.
Chambersburg, Pa. — New York City-based Katz Properties has acquired Chambersburg Crossing, a shopping center located at 925 Norland Ave. in Chambersburg, for $45 million.
Denver — HFF has arranged $23.7 million in financing for Market Center, a mixed-use office and retail property totaling 120,736 square feet in downtown Denver.
Plano, Texas — Berkadia has arranged $18.4 million in financing for H Mart Town Center, a grocery-anchored retail property in Plano.
Kansas City, Mo. — Highwoods Properties Inc. (NYSE: HIW) has agreed to sell the historic, 1.3 million-square-foot Country Club Plaza in Kansas City, largely known as the nation’s first shopping center.
Northbrook, Ill. — Cap rates in the fourth quarter of 2015 for the single-tenant net lease retail sector remained unchanged from the previous quarter at their historic low rate of 6.25 percent.
Hilton Head, S.C. — HFF has secured $13.4 million in acquisition financing for Fresh Market Shoppes, an 86,694-square-foot retail center anchored by The Fresh Market in Hilton Head.