Lakewood, Colo. — Kensington Real Estate Group has sold Fairfield Commons, a 144,000-square-foot shopping center located in Lakewood, to an affiliate of Phillips Edison Group for $34.28 million.
Hyattsville, Md. — KLNB Retail has arranged the $20.5 million sale of The Shoppes at Arts District, a 36,000-square-foot shopping center located at 5331 and 5501 Baltimore Ave. in downtown Hyattsville, roughly two miles outside of Washington, D.C.
Jacksonville, Fla. — Core Property Capital has acquired a 62.9-acre site across the street from St. Johns Town Center in Jacksonville for the development of Town Center Promenade.
Culver City, Calif. — Niki Properties has sold a single-tenant, 32,873-square-foot building fully leased to Sprouts Farmers Market in Culver City to an undisclosed buyer for $23.5 million.
Daniel Island, S.C. — Crossman & Co. has arranged the $14 million sale of Daniel Island Town Center, a Publix-anchored, 68,688-square-foot shopping center located on Seven Farms Drive in Daniel Island in metro Charleston.
Charleston, S.C. —A partnership between Baltimore-based Alex. Brown Realty Inc. and Charlotte-based investment firm Lat Purser Associations Inc. has acquired Ashley Oaks Plaza, a 58,720-square-foot retail center, with plans for redevelopment.
Fort Myers, Fla. — Colliers International has arranged the $4.15 million sale of Shops at Jamaica Bay, a 20,632-square-foot retail center located in Fort Myers.
Lakewood, Colo. — Pinnacle Real Estate Advisors has arranged the sale of Colfax & Kipling Center, a 6,518-square-foot retail center located in Lakewood.
Kansas City, Mo. — Retail Properties of America Inc. has sold Stateline Station, a 142,600-square-foot shopping center located in Kansas City, for $17.5 million.