Ironwood, Mich. — Regency Properties has acquired Ironwood Commons, a 196,053-square-foot shopping center located in Ironwood.
Gainesville, Fla. — Construction is underway on renovations to the 14-screen Regal Cinema located at Butler Town Center in Gainesville.
Seattle — Madison Marquette is set to begin the redevelopment of Pacific Place, a 339,000-square-foot retail center located in downtown Seattle.
Grand Rapids, Mich. — A&G Realty Partners has been tapped to manage the sale of 58 MC Sports leases in seven states across the Midwest following the Grand Rapids-based retailer’s Chapter 11 bankruptcy filing on February 14.
Fairview Heights, Ill. — Acadia Strategic Opportunity Fund IV has acquired Lincoln Place in Fairview Heights near St. Louis for $35.4 million.
Menifee, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $9 million sale of a single-tenant, 17,185-square-foot Rite Aid located in Menifee, California.
Birmingham, Ala. — Bayer Properties celebrated the grand opening of The Pizitz on Friday, a $70 million mixed-use redevelopment located in Birmingham.
Hackensack, N.J. — The second phase of a three-phase renovation project has begun on The Shops at Riverside, a shopping mall located roughly 17 miles outside New York City in Hackensack, New Jersey.
Kissimmee, Fla. — Pan American Cos. has broken ground on St. Cloud Commons, a 225,000-square-foot shopping center located roughly 22 miles south of Orlando in Kissimmee.
Cypress, Texas — An affiliate of United Equities Inc. has sold Fry-529 Retail Center, a 115,000-square-foot retail center located in Cypress, a northwestern suburb of Houston.