Palm Beach Gardens, Fla. — CIT Group Inc.’s subsidiary CIT Real Estate Finance has provided a $41 million secured credit facility to refinance PGA Plaza Shopping Center in Palm Beach Gardens.
By Antony Karabus and Greg Apter
Hobart, Ind. — The Boulder Group has completed the sale of a single-tenant, net-leased Walgreens property in Hobart.
El Paso, Texas — Cypress Equities plans to renovate Bassett Place mall’s food court and add the area’s first Dave & Buster’s into the current merchant roster.
Gainesville, Fla. — Knoxville, Tenn.-based Regal Entertainment Group plans to open a new 10-screen, reserved-seating luxury theater at Celebration Pointe in Gainesville.
San Diego — Ed Colson Jr. and Michael Campbell have opened InvestCore Commercial, a boutique investment advisory firm focused on net leased investments. The new office is located at 3910 West Point Loma in San Diego.
Jennings, Mo. — Mid-America Real Estate Corporation’s Investment Sales team has brokered the sale of Plaza on the Boulevard located in the St. Louis community of Jennings. The 149,548-square-foot grocery-anchored center was purchased by Chicago-based Newport Capital Partners for $30.65 million.
New York — Ryan Guheen has joined Brixmor Property Group as senior vice president, redevelopment and strategic leasing.
Bridgeport, Conn. — Cinépolis USA has signed on to open a luxury 12-screen, 1,200-seat hybrid theater at Steelpointe Harbor, a mixed-use development in Bridgeport.
Fayetteville, N.C. — GBT Realty Corp. has acquired a 15-acre site in Fayetteville that will house The Shoppes of Fayetteville.