Irvine, Calif. — Irvine Co., a private real estate investor and master planner, has announced a $150 million reinvestment in Irvine Spectrum Center, a high-profile shopping center in Southern California.
Charlotte, N.C. — Crescent Communities has broken ground on a transit-oriented development at Lynx Light Rail’s Stonewall Station that will be anchored by Uptown Charlotte’s first Whole Foods Market.
Bellevue, Tenn. — Charlotte-based developer Crosland Southeast, in a joint venture with Atlanta-based Branch Properties LLC, has acquired the former Bellevue Center Mall in suburban Nashville for redevelopment.
Gaithersburg, Md. — Elion Partners has completed a major capital improvement program for Goshen Plaza, a 45,654-square-foot shopping center in Gaithersburg.
Des Plaines, Ill. — Associated Bank has completed a $19.3 million loan for the land acquisition and construction of a Mariano’s Fresh Market grocery store in Des Plaines, approximately 20 miles northwest of Chicago.
Pleasanton, Calif. — HFF has arranged equity and debt capital in excess of $50 million for Pacific Pearl Shopping Center, a shopping center under development in Pleasanton.
New York City — New York City Economic Development Corp. (NYCEDC) and Bedford Courts LLC, a joint venture between BFC Partners and Slate Property Group, have unveiled plans for a 500,000-square-foot mixed-use development at the Bedford Union Armory in Brooklyn’s Crown Heights neighborhood.
San Diego — San Diego-based Zephyr has sold The Block, a 60,000-square-foot mixed-use site currently under development on Broadway in San Diego, to Vancouver, Canada-based Bosa Development.
Georgetown, Texas — Hillwood Communities has begun construction on Wolf Ranch, a $700 million mixed-use development in the Austin suburb of Georgetown.
Sugar Land, Texas — Alamo Drafthouse Cinema will open a new location in the Imperial Market development located in Sugar Land known as Alamo Drafthouse Cinema at Imperial Market.