Miami – Retailers in Phase One, which will open in fall 2015, include Continental Bank, Freddo Gelato and OXXO Care Cleaners.
Lake Como, N.J. – The properties are all subject to long-term triple net leases.
Cumming, Ga. – The new location will open in spring 2015.
Miami – Morgan Stanley provided the 10-year loan at competitive rates for the purpose of refinancing the previous mortgage on the property.
Denver – The purchase price represents a 4.6 percent capitalization rate.
Atlanta – Daltex Lindbergh LLC, an overseas client of Coro, purchased the 44,000-square-foot shopping center.
Temecula, Calif. – The center is located a half-mile west of Interstate 15 off the Rancho California exit.
Glen Ellyn, Ill. – New York-based American Realty Capital Properties Inc. purchased the 30,877-square-foot center for an undisclosed sales price.
Cullman, Ala. – Existing tenants at the shopping center include Belk, Books-A-Million and Shoe Dept.
Newington, Conn. – The 10-year loan features two years of interest-only payment and a 30-year amortization schedule.