Fairfield, Ohio — Cooper Commercial Investment Group has arranged the sale of a net leased Starbucks Coffee property in Fairfield, a suburb of Cincinnati, for $1.7 million.
Warrendale, Pa. — Teen clothing retailer rue21 is set to close about one-third of its stores nationwide as it shifts its focus to e-commerce.
Sugar Land, Texas —TriGate Capital, a Dallas-based real estate private equity firm, has purchased First Colony Commons, a 410,121-square-foot retail center in the Houston suburb of Sugar Land.
Orlando — Konover South LLC plans to build Landstar Marketplace, a 62,222-square-foot, grocery-anchored shopping center located at 13891 Landstar Blvd. in Orlando.
Houston — Colliers International Inc. has arranged the sale of a retail center located at 9335 Gulf Freeway in south Houston.
Miami Beach, Fla. — Brodson Construction has wrapped up construction on the expansion of Shake Shack on Lincoln Road in Miami Beach.
Winter Park, Fla. — Sterling Organization has signed four retailers to occupy space vacated by Kmart at Center of Winter Park, a 245,000-square-foot power retail center located at the southwest corner of Orlando Avenue and Lee Road in Winter Park, a suburb of Orlando.
Boston — After more than three years of ownership, Shorenstein Properties has sold Center Plaza, a 741,200-square-foot mixed-use asset in downtown Boston.
Santa Clarita, Calif. — In an off-market transaction, Colliers International has negotiated the $69.5 million sale of Gateway Village Shopping Center in Santa Clarita.
Atlanta — A joint venture between Columbia Ventures LLC and Studioplex LLC has broken ground on the next phase of Studioplex on Auburn, a mixed-use development in Atlanta’s Old Fourth Ward district.