Kimball, Tenn. — SRS Real Estate Partners’ Investment Properties Group has arranged the sale of Kimball Crossing, a 280,476-square-foot retail center located in Kimball, 29 miles outside Chattanooga.
Taylorsville, Utah — HFF has secured a $69 million refinancing for Crossroads of Taylorsville, a 726,306-square-foot retail center located 10 miles outside Salt Lake City in Taylorsville.
The mixed-use environment is here to stay. Naysayers need only look as far as this year’s ICSC Western Dealmaking Conference, held Oct. 8 to 10 at the Los Angeles Convention Center, to know that this is true.
Hoffman Estates, Ill.— Sears Holdings Corp. (NASDAQ: SHLD) has filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York. A $134 million debt payment was due today.
Medina, Ohio— Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $15.1 million sale of a single-tenant property net leased to Giant Eagle Supermarket in Medina, 35 miles south of Cleveland.
Downtown San Diego’s waterfront is set to undergo some major changes, but until that time comes, Seaport Village is open for business. The Port of San Diego reclaimed ownership of this 14-acre restaurant, retail and entertainment attraction on Oct. 1, and the organization has big plans for Seaport’s immediate future. Penny Maus, department manager of real estate and business development for the Port of San Diego, notes they are seeking innovative retailers and unique dining concepts to round out the existing tenant roster. The port is welcoming tenants that are …
Elkins and Summersville, W.Va. — Regency Properties has acquired three shopping centers in West Virginia totaling 319,194 square feet.
Washington, D.C.— Walker & Dunlop has structured $61 million in financing for the recapitalization of The Shops at Dakota Crossing, a trophy retail center in Washington, D.C.
Longview, Wash. — CBRE has arranged the $38.3 million sale of Triangle Center, a 260,627-square-foot community shopping center located in Longview.
McKinney, Missouri City and League City, Texas — CBRE has arranged the sale of a three-property retail portfolio located on the outskirts of Dallas and Houston.