Shrewsbury, N.J. — HFF has secured a $43.6 million refinancing for The Grove at Shrewsbury, a 148,000-square-foot lifestyle center located 25 miles south of New York City in Shrewsbury, New Jersey.
Arlington, Va. — Berkadia has secured $157 million in construction financing for 750 North Glebe, a mixed-use development under construction in Arlington, roughly five miles west of Washington, D.C.
Arlington, Texas — SunTrust Banks Inc. has closed $600 million in financing for the Texas Rangers to fund the team’s share of construction costs for its new ballpark, known as Globe Life Field.
Wayne, N.J. — HFF has secured $18.7 million in acquisition financing for West Belt Plaza, a retail center located 20 miles from Midtown Manhattan in Wayne, New Jersey.
Whittier, Calif. — HFF has arranged the $12.6 million sale of a 24,866-square-foot building triple-net-leased to Sprouts Farmers Market in Whittier, about 20 miles southeast of Los Angeles.
Bethlehem, Pa. — Cronheim Mortgage has secured $117.5 million in permanent and construction financing for Madison Farms, a mixed-use development in Bethlehem, located north of Philadelphia and west of New York City.
Laguna Niguel, Calif. — Keystone Mortgage Corp. has secured a $60 million refinancing for Plaza de la Paz, a 295,000-square-foot shopping center located in the Orange County community of Laguna Niguel.