Coral Springs, Fla. — CPAC Royal University LLC — a joint venture between CREC and Lubert Adler — has sold Royal University Plaza, a 115,000-square-foot shopping center located in Coral Springs, for $48 million.
Norfolk, Va. — The Cordish Cos. and the City of Norfolk have opened Waterside District, a $40 million overhaul and rebranding of the former Waterside Festival Marketplace.
Philadelphia and Cleveland — Interior design firm NELSON has merged with Philadelphia-based Cope Linder Architects and Cleveland-based KA Architecture to create a full-service architecture and design firm.
Cambridge, Mass. — A $30 million renovation is underway at CambridgeSide Galleria, a 1.2 million-square-foot, mixed-use development located roughly two miles outside downtown Boston in East Cambridge.
Portland, Ore. — HFF has arranged the sale of Southgate Shopping Center, a 50,826-square-foot, multi-tenant strip center located in the Southgate area of Portland.
Los Angeles — HFF has arranged $100 million in financing for the development of Arts District AMP Lofts, a mixed-use residential and retail property located Los Angeles’ Arts District.
Torrance, Calif. — Quantum Capital Partners has secured a $37 million interest-only loan to refinance The Shops at South Bay, a 200,000-square-foot shopping center located roughly 20 miles outside Los Angeles in Torrance.
Lompoc, Calif. — Cushman & Wakefield has arranged the $19 million sale of Central Town Square, a grocery-anchored shopping center located in Lompoc, California.