Gainesville, Fla. — George Smith Partners has secured a $125 million construction loan for Phase 1 of Celebration Pointe, a 225-acre mixed-use development located in Gainesville.
Dallas — InvenTrust Properties Corp. has hired Alan Grayson as the company’s new director of leasing.
Atlanta — RaCo Real Estate LLC has hired Christopher Conti as the company’s new project administrator and marketing manager.
Alpharetta, Ga. — McAlister’s Deli has signed a 10-unit development agreement with franchisors Marcelo and Berny Montalvan to open restaurants in communities across Miami-Dade and Broward counties in South Florida.
Alhambra, Calif. — Shea Properties has signed four new tenants to open at the 140,000-square-foot Alhambra Place located in downtown Alhambra.
Fresno, Calif. — Rouse Properties has acquired Fig Garden Village, a 301,459-square-foot lifestyle center in Fresno, for $106.1 million.
Utica, Mich. — Broad Reach Retail Partners LLC has added Shelby Corners Shopping Center, located in Utica, to its shopping center portfolio.
Hesperia, Calif. — Progressive Real Estate Partners has signed seven new leases, totaling 19,600 square feet, at the Walmart-anchored retail center The Marketplace on Main in Hesperia.
Odessa, Texas — Cinergy Entertainment Group Inc. has purchased a property along State Highway 191 in the new Dorado Center in Odessa.
Highland Village, Texas — Trademark Property Co. has begun renovation work on the 389,090-square-foot Shops at Highland Village shopping center.