Burlington, Mass. — Colliers International has arranged $45 million in refinancing for Third Avenue, a newly constructed retail walking street located off of the Middlesex Turnpike in Burlington.
Indianapolis — HFF has secured $70.6 million in financing for Axis, a 435,894-square-foot mixed-use property located in the downtown Indianapolis central business district.
Las Vegas — NorthMarq Capital has secured the $26 million refinance of Desert Marketplace, a 251,785-square-foot mixed-use property located on West Warm Springs Road in Las Vegas.
Los Angeles — Los Angeles-based fashion retailer American Apparel has emerged from chapter 11 as a private company after successfully implementing its plan of reorganization, approved by the Delaware bankruptcy court in late January.
Las Vegas — Meridian Capital Group has arranged $20 million in financing for the acquisition of a single-tenant, 16,000-square-foot Walgreens located on the Las Vegas Strip.
New York City — Following the resignation of CEO Michael Carroll, New York City-based Brixmor Property Group Inc. has named Daniel Hurwitz interim CEO effective Monday, February 8.
Manville, N.J. — Cronheim Mortgage has arranged $28 million in financing for Marketplace at Manville, a 294,141-square-foot shopping center located in Manville.
Hayward, Calif. — NorthMarq Capital has arranged the $5.68 million refinance of Schafer Park, a 38,513-square-foot retail property located in Hayward.
Paramus, N.J. — NorthMarq Capital has arranged $49.4 million of floating-rate financing for a 244,000-square-foot, four-property retail portfolio on Route 17 in Paramus.
Frisco and San Angelo, Texas — In two separate transactions, Quantum Capital has arranged $22.15 million in refinancing for two regional shopping centers located in Frisco and San Angelo.