Las Vegas — Beverly Hills-based BIG Shopping Centers USA has sold Sahara Pavilion South, a 158,394-square-foot shopping center located in Las Vegas, to 3D Investments for $20.5 million.
Stevenson Ranch, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of Stevenson Ranch Plaza, a 187,035-square-foot shopping center located in the Los Angeles suburb of Stevenson Ranch, for $72.5 million.
Chino, Calif. — Ed Hanley and Bill Asher of Hanley Investment Group Real Estate Advisors have been chosen to market the sale of Stater Bros. Plaza, a 73,600-square-foot shopping center located in Chino.
Elizabeth City, N.C. — IRC Retail Centers Inc. has purchased Tanglewood Pavilions, a newly built, 158,000-square-foot retail power center located in Elizabeth City.
Alexandria, Va. — KLNB Retail has arranged the sale of New Grand Shopping Center, a 65,330-square-foot shopping center located in Alexandria, roughly 10 miles outside of Washington, D.C.
Schererville, Ind. — Pine Tree Commercial Realty LLC has acquired Town Square shopping center, a 138,571-square-foot center located 45 minutes away from Chicago in Schererville, for $23 million.
Bellflower and Gardena, Calif. — SBH Real Estate Group Inc. has acquired a freestanding retail building located in Bellflower and a retail center located in Gardena for an aggregate price of $6.2 million.
Mesa, Ariz. — CBRE has arranged the sale of Tri-City Pavilions, a 96,336-square-foot shopping center anchored by Safeway in Mesa.
Wichita Falls, Texas — Pierson Retail Advisors (PRA) has arranged the sale of a 1,935-square-foot, sinlge-tenant Starbucks Coffee located in Wichita Falls.
Bellflower, Calif. — Charles Dunn Co. has arranged the $3.2 million sale of a 5,000-square-foot, single-tenant, triple-net-leased property occupied by Union Bank in the Los Angeles suburb of Bellflower.