Yonkers, N.Y. — QIC has extended its existing joint venture relationship with Forest City Realty Trust through the acquisition of a 51 percent stake in Westchester’s Ridge Hill shopping center in Yonkers.
Atlanta — WP Glimcher, a publicly traded retail REIT based in Columbus, Ohio, has sold Northlake Mall, a nearly 1 million-square-foot regional mall located in Atlanta.
Chicago — Tucker Development, in partnership with Acadia Realty Trust, has acquired a portfolio of ten buildings located on the 900 block of West Randolph Street in the Fulton Market District of Downtown Chicago for redevelopment.
Glenview, Ill. — A fund advised by CBRE Global Investors has acquired The Shops at Glen Pointe, a grocery- and fitness-anchored shopping center located in the Chicago suburb of Glenview.
Salt Lake City, Utah — Vestar, in a joint venture with funds managed by Oaktree Capital Management L.P., has acquired a 623,205-square-foot open-air retail and entertainment center within The Gateway, a retail, residential and office complex located in downtown Salt Lake City.
El Monte, Calif. — Decron Properties has sold El Monte Shopping and Automotive Center, a 473,347-square-foot automotive and retail center located in El Monte, to Merlone Geier Partners for $84.5 million.
St. Augustine, Fla. — The Boulder Group has arranged the $3.15 million sale of a single-tenant, net-leased Walgreens property located in St. Augustine.
Ithaca, N.Y. — Marcus & Millichap has arranged the $16.8 million sale of a net-leased BJ’s Wholesale Club with a fuel station located at the Shops at Ithaca Mall in Ithaca.
Raytown, Mo. — The Boulder Group has arranged the $6 million sale of a single-tenant net-leased Walgreens property located at 9300 East Gregory Blvd. in Raytown.
Hattiesburg, Miss. — Stirling Properties has purchased Turtle Creek Crossing, a 295,000-square-foot power retail center in Hattiesburg, for $48.1 million.