New Brunswick, N.J. — New Brunswick Development Corp. (Devco) has begun site preparation on the Ferren Mall Parking Deck for The Hub @ New Brunswick Station in New Brunswick.
Fort Worth, Texas — A joint venture between GHP Office Realty and RD Management has sold a 136,000-square-foot shopping center anchored by Albertsons, located in Fort Worth, for $15 million.
Santa Monica, Calif. — HFF has arranged a $12.6 million refinancing for 3202-3212 Wilshire Blvd., a 28,209-square-foot retail building located in Santa Monica.
Rosenberg, Texas — IHOP is set to open a 4,588-square-foot restaurant at Brazos Town Center, a 1.8 million-square-foot shopping center located roughly 35 miles west of Houston in Rosenberg.
San Antonio, Texas — GBT Realty Corp. recently acquired a one-acre site in San Antonio for the development of South Park Commons, a 12,600-square-foot retail center. GBT purchased the property from Target for $925,000 on Feb. 21.
Hinesville, Ga. — Hutton Contracting Co. has completed construction of Oglethorpe Square, a 158,000-square-foot shopping center located in Hinesville, a city about 40 miles southwest of Savannah.
Long Beach, Calif. — Urban Commons has unveiled plans for a $250 million mixed-use development surrounding the Queen Mary, a retired cruise ship docked in Long Beach, California.
Cocoa, Fla. — Tiktin Real Estate Investment Services has arranged the sale of Clearlake Square, an 85,522-square-foot shopping center located in Cocoa.