West Palm Beach, Fla. — The Sembler Company and Forge Capital Partners have acquired Polo Grounds Mall, located in West Palm Beach, through their investment fund Forge Real Estate Partners III.
Monrovia, Calif. — Charles Dunn Company has arranged the sale of a single-tenant, 7,327-square-foot property located in Monrovia for $5.15 million.
San Antonio — Marcus & Millichap has arranged the sale of Fairview Shopping Center, a 28,662-square-foot retail property located in San Antonio.
Dallas — Metropolitan Capital Advisors (MCA) has arranged a senior secured credit facility for Austin-based Bandon Holdings LLC, the largest Anytime Fitness franchisee in Texas and the third largest in the United States.
Yonkers, N.Y. — Simone Development Cos. is redeveloping the former Boyce Thompson Institute property in northwest Yonkers into an 85,000-square-foot mixed-used complex.
Irvine, Calif. — Irvine, California-based Hanley Investment Group has arranged the purchase of four shopping centers for Phillips Edison & Co. totaling 372,000 square feet for $24 million.
West Palm Beach, Fla. — Holliday Fenoglio Fowler L.P. has arranged $165 million in financing for Palm Beach Outlets, a 459,633-square-foot open-air outlet center in West Palm Beach.
Kennesaw, Ga. — CBRE Capital Markets’ Debt and Structured Finance team has arranged $78 million in acquisition and construction financing for Kennesaw Marketplace, a 288,000-square-foot shopping center located in Kennesaw.
Northbrook, Ill. — Pine Tree Commercial Realty has named four new vice presidents.
San Francisco — Gap Inc. is streamlining its retail business by slimming its store count to 800 Gap stores in North America, the company outlined in a statement ahead of an investor meeting scheduled today.