Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has acquired one shopping center and two junior boxes totaling 146,472 square feet in Amesbury, Massachusetts, and Charleston, South Carolina.
Atlanta — Marcus & Millichap has arranged the $6.5 million sale of Tilly Mill Plaza, a 113,000-square-foot shopping center located at the intersection of Peachtree Industrial Boulevard and Tilly Mill Road in Atlanta.
Elk Grove Village, Ill. — MB Real Estate has arranged the $6.8 million sale of Strawberry Hill Plaza, a 24,910-square-foot retail property located in Elk Grove Village, approximately 25 miles northwest of Chicago.
Raleigh, N.C. — CBL & Associates Properties Inc. (NYSE: CBL) has closed on a new joint venture with DRA Advisors LLC that significantly reduces the retail real estate investment trust’s ownership stake in Triangle Town Center and Commons mall in Raleigh.
Columbus, Ga. — Marcus & Millichap has arranged the $2.39 million sale of a 41,117-square-foot Walmart Neighborhood Market located in Columbus.
Cincinnati —Viking Partners Fund II, launched in 2012 by Cincinnati-based Viking Partners LLC, has sold three shopping centers for an aggregate purchase price of $17.6 million.
Dallas and Lewisville, Texas — Pierson Retail Advisors (PRA) has arranged the sale of two shopping centers located in Lewisville and Dallas.
Phoenix — Colliers International has arranged the $9.7 million sale of Mountain Park Plaza, an 87,672-square-foot shopping center located in Phoenix.
St. Petersburg, Fla. — Colliers International has arranged the $16 million sale of the Shoppes at the Royale, a 46,020-square-foot shopping center shadow-anchored by Publix in St. Petersburg.
Nashua, N.H. — Linear Retail Properties LLC has acquired a 29,554-square-foot, single-story, freestanding Barnes & Noble property located in Nashua for $12 million.