Kildeer, Ill. — A joint venture between DRA Advisors and Pine Tree LLC has acquired The Shops at Kildeer, a 171,339-square-foot retail center located in the Chicago suburb of Kildeer, for $32.5 million.
Culpeper, Va. — Heidenberg Properties Group (HPG) has acquired Culpeper Colonnade in Culpeper, located midway between Charlottesville and Washington, D.C.
Murrieta, Calif. — Phillips Edison & Co. has purchased Sierra Vista Plaza, a value-add retail center located at 25030-25100 Hancock St. in Murrieta, for an undisclosed price.
Fort Oglethorpe, Ga.— United Properties has acquired Parkway Plaza, a retail center located in Fort Oglethorpe.
Fontana and Montclair, Calif. — Progressive Real Estate Partners has arranged the sale of two retail properties in California’s Inland Empire.
Hoover, Ala. — Boyle Investment Co.’s Midsouth Capital Fund has completed the sale of Whole Foods Market Plaza, a retail property situated on 18.9 acres at 3780 Riverchase Village in Hoover, a suburb of Birmingham.
Forked River, N.J. — HFF has arranged the sale of Sunrise Plaza, a 255,940-square-foot retail center located in Forked River.
Lake Elsinore, Calif.— Hanley Investment Group Real Estate Advisors has arranged the $44.3 million sale of Lake Elsinore Marketplace, a 144,034-square-foot shopping center located in the Southern California city of Lake Elsinore.
Sandy Springs, Ga. — Mimms Enterprises has sold two adjacent shopping centers totaling 334,787 square feet in Sandy Springs, a suburb of Atlanta.
Eureka, Calif. — NAI Northern California has negotiated the $11.4 million sale of the Eureka Safeway, located at 2555 Harris St. in Eureka.