Vallejo, Calif. — Faris Lee Investments has arranged the $4.88 million sale of a 16,500-square-foot single-tenant, triple-net lease CVS/pharmacy located in Vallejo.
Huntsville, Ala. — Huntsville-based Coldwell Banker Commercial McLain Real Estate has arranged the sale of a nine-property portfolio of retail centers, office buildings and special-use buildings located in Tennessee and Alabama for $19.6 million.
New York — Cushman & Wakefield and DTZ have successfully completed their merger.
Tracy, Calif. — Loja Real Estate has acquired Tracy Corners Shopping Center, an 86,943-square-foot grocery-anchored shopping center located in Tracy, for $15.25 million.
Duluth, Ga. — SRS and Lincoln Property Co. have arranged the sale of Venture Pointe shopping center, a 335,151-square-foot regional power center located in Duluth, for $15.7 million.
Niagara Falls, N.Y. — Six new stores are set to open at Fashion Outlets of Niagara Falls USA this fall.
Hammond, La. — CBRE has secured a $53 million, 10-year loan for Hammond Square located in Hammond.
Los Angeles — Westfield has announced that four new restaurants will open at Terminal One at LAX as part of a $508 million overhaul spearheaded by Southwest Airlines in partnership with Los Angeles World Airports.
La Verne, Calif. — NorthMarq Capital has arranged the $4.4 million refinance of a shopping center located at 1400, 1410 and 1480 Foothill Blvd. in La Verne.
Cedar Hill, Texas — Trademark Property Co. has begun its multi-million dollar renovation of Hillside Village shopping center, formerly known as Uptown Village at Cedar Hill.