Gainesville, Fla. — Butler North, a 754,000-square-foot addition to Butler Plaza in Gainesville, is 77 percent leased with an additional 17 percent in negotiation.
Schaumburg, Ill. — Baum Realty Group LLC has arranged the sale of a single-tenant net-leased McDonald’s in Schaumburg, a northwestern suburb of Chicago, for $4.2 million.
Virginia Beach, Va. — Armada Hoffler Properties Inc. has agreed to acquire a portfolio of 11 retail centers, totaling approximately 1.1 million square feet, for $170.5 million from an undisclosed seller.
Sarasota, Fla. — Paragon Realty Group has sold Sarasota Main Plaza, a 254,677-square-foot mixed-use retail center for $18.1 million.
Oak Brook, Ill. — Oak Brook-based InvenTrust Properties Corp. has named Lance Billingsley senior vice president of leasing.
Murfreesboro, Tenn. — GBT Realty Corp. plans to develop The Shoppes of Northgate, a $16 million shopping center located along Memorial Boulevard in Murfreesboro.
Duluth, Ga. — SRS’ Southeast investment sales team has arranged the $16.4 million sale of Pleasant Hill Square, a 282,137-square-foot regional power center located in Duluth, an Atlanta suburb in Gwinnett County.
New York City — H&M is set to open its first location in Lower Manhattan at Westfield World Trade Center.
Simpsonville, S.C. — The Boulder Group has arranged the $2.85 million sale of a single-tenant net-leased CVS/pharmacy located in Simpsonville.
Calabasas, Calif. — Calabasas-based Marcus & Millichap has named seven agents to the position of first vice president investments.