Franklin, Tenn. — An affiliate of Next Realty LLC has acquired a 64,000-square-foot, two-tenant retail property at 1735 Galleria Blvd. in Franklin, roughly 15 miles south of Nashville.
Palatine, Ill. — Faris Lee Investments has arranged the $7.1 million sale The Shops at Deer Grove, an 11,800-square-foot shopping center located in Palatine, approximately 30 miles northwest of Chicago.
Buckner, Ky. — Dahlem Realty Corp. has arranged Kroger’s acquisition of a 15.8-acre parcel in Buckner.
Cleveland — Weston Inc. and Citymark Capital have unveiled plans for a 3 million-square-foot mixed-use development in Cleveland.
Grass Valley, Calif. — Pine Tree Commercial Realty LLC has acquired Pine Creek shopping center, a 216,683-square-foot grocery-anchored shopping center located in Grass Valley.
Franklin, Ind. — May Realty Advisors has arranged the $1.17 million all-cash sale of a 1,850-square-foot free standing Starbucks Coffee in Franklin.
Silver Spring, Md. — H&R Retail has arranged a 42,000-square-foot lease transaction with Dave & Buster’s at Ellsworth Place in downtown Silver Spring, roughly six miles north of Washington, D.C.
San Diego — Funds affiliated with CVC Capital Partners and Canada Pension Plan Investment Board (CPPIB) have agreed to jointly acquire San Diego-based Petco Animal Supplies Inc. for approximately $4.6 billion.
White Plains, N.Y. — LCOR has broken ground on 55 Bank Street, a $250 million 760,000-square-foot mixed-use development located in White Plains.
North Myrtle Beach, S.C. — The Boulder Group has arranged the $5 million sale of a single tenant net leased Walgreens property located in North Myrtle Beach.