Riverside, Calif. — CBRE has arranged the $43.9 million sale of University Village, a 180,681-square-foot, movie theater-anchored shopping center located in Riverside.
Lakewood, Ohio — Phillips Edison Grocery Center REIT II Inc. has acquired Lakewood City Center, a 67,280-square-foot shopping center located in the Cleveland suburb of Lakewood.
Orlando, Fla. — Colliers International has arranged the $17 million sale of a 52,539-square-foot, un-anchored shopping center located within The Village at Hunter’s Creek mixed-use development in Orlando.
Clawson, Mich. — Mid-America Real Estate Corp. has arranged the sale of Clawson Center, a 130,424-square-foot grocery-anchored shopping center located in the Detroit suburb of Clawson.
Livonia, Mich. — Friedman Integrated Real Estate Solutions has arranged the sale of L.A. Plaza, a 34,965-square-foot retail center located in the Detroit suburb of Livonia.
Huntington Beach, Calif. — Hanley Investment Group has arranged the $18.6 million sale of a newly redeveloped retail center located on the corner of Brookhurst Street and Adams Avenue in Huntington Beach.
Cleveland — Detroit-based Bedrock Real Estate Services has acquired The Avenue Shops at Tower City Center, a three-story, 366,000-square-foot retail center located in downtown Cleveland, from Forest City Realty Trust Inc.