Waterville, Maine — Fantini & Gorga has secured $7.5 million in acquisition financing for a freestanding Rite Aid Pharmacy in Waterville.
Westminster, Calif. — NorthMarq Capital has secured $4.5 million in refinancing for Palm Court Plaza, a 29,000-square-foot retail property located in Westminster.
Indianapolis — Indianapolis-based Simon Property Group continues to add to its significant retail portfolio with the opening of two new projects: Gloucester Premium Outlets in Gloucester Township, New Jersey, and the expansion of San Francisco Premium Outlets.
Boston — Simon Property Group will begin extensive renovations on Copley Place, an 800,000-square-foot urban mixed-use office and retail space located in Boston.
Denver — Holliday Fenoglio Fowler (HFF) has arranged joint venture equity and financing for a recapitalization of Denver Pavilions, a 351,347-square-foot, open-air regional shopping mall located in downtown Denver.
Frederick, Md. — Washington Property Co. (WPC) has acquired Ballenger Creek Plaza, a 75,527-square-foot shopping center located in Frederick, for $9.5 million.
Baker and Highland, Calif. — Progressive Real Estate Partners has arranged the $4.5 million sale of two single-tenant, triple-net leased Burger King drive through locations in the Inland Empire cities of Baker and Highland.
Westmont, Ill. — Westmont, Illinois-based Tri-land Properties Inc. has named Paul Sevenich as vice president of leasing.
Ranson, W. Va. — CBRE’s Retail Investment team has arranged the sale of a 2.47-acre, Rite Aid-leased pad site in Ranson.
Niles, Ohio — Lane Bryant, Tilt Studio and H&M will open new locations at Cataro Co.’s Eastwood Mall in mid-September.