The Colony, Texas — Nebraska Furniture Mart, a division of Berkshire Hathaway, has broken ground on a 100-acre lifestyle retail center that is part of Grandscape, a 433-acre, mixed-use development located along the Sam Rayburn Tollway in metro Dallas-Fort Worth.
Chicago — The Park at Wrigley is set to open today in Chicago.
Chicago — The Boulder Group has arranged the $24 million sale of Archer Station, a four-tenant shopping center located in Chicago.
Detroit — Bernard Financial Group has arranged a $5.2 million loan for the construction of Baltimore Station in Detroit.
Dallas — Dallas-based Cypress Equities has sold eight Walmart Neighborhood Market properties located in Alabama and South Carolina to an undisclosed U.S.-based REIT.
Stamford, Old Greenwich and Fairfield, Conn. — Urstadt Biddle Properties Inc. has acquired a four-property retail portfolio located in Stamford, Old Greenwich and Fairfield, Connecticut.
St. Paul, Minn. — St. Paul-based Gander Mountain Co. has filed a stalking horse bid by a joint venture comprised of Gordon Brothers and Hilco Merchant Resources to purchase substantially all of its assets.
Orlando, Fla. — The Shopping Center Group has arranged the $16 million sale of Town Center Shoppes, a 64,500-square-foot retail center located in Orlando.
Orlando, Fla. — Darden Restaurants has agreed to purchase Cheddar’s Scratch Kitchen for $780 million in an all-cash transaction.
Pompton Plains, N.J. — HFF has arranged the $51 million sale of Plaza 23, a 161,000-square-foot shopping center located roughly 27 miles outside New York City in Pompton Plains, New Jersey.
