Warrendale, Pa. — Teen clothing retailer rue21 has completed its financial restructuring and emerged from the Chapter 11 process.
New York City and North Bergen, N.J. — Madison International Realty will acquire Forest City Realty Trust’s 51 percent interest in a 2.1 million-square-foot, 12-asset retail portfolio located in New York City and northern New Jersey for $1 billion.
Mansfield, Texas — Phillips Edison Grocery Center REIT II, an affiliate of Phillips Edison & Co., has acquired Mansfield Market Centre, a 55,400-square-foot shopping center located in the southern Fort Worth suburb of Mansfield.
Huntsville, Ala. — Watkins Real Estate Group has signed a 45,600-square-foot lease with Publix Super Markets Inc. to anchor The Pinnacle at Providence, a 59,600-square-foot retail center under development in Huntsville’s Providence neighborhood.
Indianapolis — CBRE has secured a $3.1 million refinancing for Cherry Tree Crossing, a 13,400-square-foot retail property located in Indianapolis.
Detroit —Bedrock, Dan Gilbert’s Detroit-based commercial real estate development and investment firm, has unveiled a package of four developments totaling $2.1 billion in new investment that will add to Detroit’s skyline.
Dallas and Lewisville, Texas and Jackson, Tenn. — Disney Investment Group (DIG) has arranged the sale of three retail centers in Texas and Tennessee.
Shenandoah, Texas — Baker Katz has negotiated a 41,500-square-foot lease for AMC Theatres in Shenandoah, about 30 miles north of Houston.
Wayne, N.J. — Toys ”R” Us Inc. filed for Chapter 11 bankruptcy protection on Monday, Sept. 18.
Cedar Knolls, N.J. — Key Properties has opened Hanover Crossroads, a 170,000-square-foot shopping center located in Cedar Knolls.