Oak Brook, Ill. — Retail Properties of America Inc. has hired Heath Fear as the company’s new Chief Financial Officer.
Sandy Springs, Ga. — SRS Real Estate Partners (SRS) has brokered three new leases at Gateway, a 21-acre, 121,071-square-foot mixed-use development in Sandy Springs.
Los Angeles — An ownership group led by Hankey Investment Co. and Jamison Services Inc. has unveiled plans for Circa, a $500 million mixed-use development in downtown Los Angeles.
Germantown, Tenn. — Trademark Property Co. has broken ground on the second phase of redevelopment at Saddle Creek, a 173,000-square-foot lifestyle center located in the Memphis suburb of Germantown.
Glendale, Ariz. — Colliers International has arranged the $6 million sale of Arrowhead Lakes Marketplace, a 22,280-square-foot grocery-anchored retail center located in Glendale.
Irvine, Calif. — Irvine Co. Retail Properties has announced the opening of new restaurants across its Orange County portfolio, including Fashion Island, Irvine Spectrum Center, The Market Place and several other community centers.
Flower Mound, Texas — InvenTrust Properties Corp. has acquired The Highlands of Flower Mound, a 169,447-square-foot SuperTarget shadow-anchored shopping center located in the master-planned community of Flower Mound, for $45.75 million.
Atlanta — FCA Partners has acquired Parkway Pointe, a 196,664-square-foot retail center located within Atlanta’s Cumberland Galleria submarket, less than one mile from SunTrust Park, the future home of the Atlanta Braves, for $43.9 million.
New York City — SL Green Realty Corp. has inked a 10-year lease with Adidas to occupy retail space at its 115 Spring St. property in the Manhattan neighborhood of SoHo.
Smithtown, N.Y. — Marcus & Millichap has arranged the $10.4 million sale of a 14,460-square-foot Walgreens drugstore on the North Shore of Long Island in Smithtown.