Vernon Hills, Ill. — Inland Private Capital Corp. has sold a Mariano’s Fresh Market located in Vernon Hills, roughly 35 miles north of Chicago, for $36.4 million.
Minneapolis — Doran Cos. has acquired Calhoun Village Shopping Center, a 90,000-square-foot retail property located in Minneapolis, for $24.9 million.
Fairfield, Calif. — Sterling Organization has acquired Raley’s Plaza, a 95,441-square-foot shopping center located approximately 40 miles northeast of downtown San Francisco in Fairfield, for $22.8 million.
Oceanside, Calif. — InvenTrust Properties Corp. has acquired Old Grove Marketplace, an 81,279-square-foot shopping center located in the San Diego suburb of Oceanside, for $23.3 million.
Miami — Marcus & Millichap has arranged the $18 million sale of West Sunset Square, a 67,974-square-foot shopping center located in Miami.
Los Banos, Calif. — CBRE’s National Retail Investment Group – West has arranged the sale of Shops at Stonecreek Plaza, a retail strip center located in Los Banos.
Philadelphia — Benbrooke has sold Franklin Marketplace, a 223,434-square-foot retail power center located in northeastern Philadelphia, for $25.8 million.
Taylorsville, Utah — CBRE Group Inc. has arranged the sale of Taylorsville Town Center, a 127,231-square-foot shopping center located in Taylorsville, Utah.
New York City — A joint venture between Metropolitan Realty Associates and TIAA Global Asset Management has acquired HUB LIC, a four-story commercial building located at 47-25 34th St. in Queen’s Long Island City, for $89 million.
New York City — A joint venture between Madison Capital and an undisclosed global real estate investment management firm has sold a 7,018-square-foot, single-tenant retail property occupied by Citibank in Manhattan’s Upper East Side neighborhood for $24.5 million.