Sugar Land, Texas —TriGate Capital, a Dallas-based real estate private equity firm, has purchased First Colony Commons, a 410,121-square-foot retail center in the Houston suburb of Sugar Land.
Houston — Colliers International Inc. has arranged the sale of a retail center located at 9335 Gulf Freeway in south Houston.
Santa Clarita, Calif. — In an off-market transaction, Colliers International has negotiated the $69.5 million sale of Gateway Village Shopping Center in Santa Clarita.
Victorville, Calif. — Progressive Real Estate Partners has arranged the sale of two outparcels at the entrance to the Mall of Victor Valley in Victorville for an aggregate total of $4.2 million.
New York, Philadelphia and St. Louis — Urban Edge Properties (NYSE: UE), a real estate investment trust, has entered into a contract to acquire a seven-property portfolio of retail assets for $325 million.
Utica, Mich. — Mid-America Real Estate Corp. has arranged the sale of Shelby Corners in Utica, a suburb of Detroit.
Chicago — Federal Realty Investment Trust has acquired Riverpoint Center in Chicago’s Lincoln Park for $107 million.
Miami — ESJ Capital Partners has purchased Jungle Island, an 18-acre zoological park located on Watson Island along the MacArthur Causeway in Miami.
Bradenton, Fla. — The Home Depot has purchased 22 acres in Bradenton, a city within the Tampa Bay area near Sarasota, for a new store.
Peoria, Ill. — Mid-America Real Estate Corp. has arranged the sale of Sheridan Village in Peoria for $13 million.