Pottstown, Pa. — Deerwood Real Estate Capital has closed a $15.5 million loan to finance the acquisition and redevelopment of an enclosed mall in Pottstown.
Chicago — Sedgwick Properties has completed the development of a 43,000-square-foot LA Fitness in Chicago’s Gage Park neighborhood.
Morrow, Ga. — U.S. Properties Group has completed an extensive makeover of the former Southlake Pavilion in Morrow, a suburb of south Atlanta roughly 10 miles down I-75 from Hartsfield-Jackson Atlanta International Airport.
Alpharetta, Ga. — North American Properties (NAP), developer of the 86-acre, $600 million Avalon development in Alpharetta, has announced nine retailers coming to Phase II of Avalon, which is set to open in spring 2017.
Ann Arbor, Mich. — Brixmor has added three new anchor tenants to Maple Village shopping center in Ann Arbor.
Long Beach, Calif. — Los Angeles-based Urban Commons has assumed a 66-year master lease of the historic Queen Mary docked in the Long Beach Harbor.
Miami — Swire Properties Inc. and its retail co-developers Whitman Family Development and Simon Property Group have inked a lease for a 38,000-square-foot Italian indoor food hall concept at Brickell City Centre in Miami’s Brickell district.
Dallas — RED Development has begun construction on The Union Dallas, an 800,000-square-foot office, residential and retail project expected for completion in 2018.
Cedar Park, Texas — Endeavor Real Estate Group has signed leases with more than 20 tenants for its retail development The Parke, located in the Austin suburb of Cedar Park.
Taylorsville, Utah — Regal Cinemas has broken ground on an over $20 million megaplex located at The Crossroads of Taylorsville shopping center in the Salt Lake City suburb of Taylorsville, Utah.