Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II has acquired four grocery-anchored centers in Ohio, Georgia and Illinois.
Durham, N.C. — CBL & Associates Properties Inc., and its 50/50 joint venture partner, has agreed to sell Renaissance Center, a 363,000-square-foot community shopping center located in Durham, for $129.2 million.
Las Vegas — Sterling Organization has acquired Smith’s Shopping Center, a 108,731-square-foot grocery-anchored retail plaza located in Las Vegas, for $20 million.
Kennebunk, Maine — Marcus & Millichap has arranged the $10 million sale of a 13,225-square-foot CVS/pharmacy in Kennebunk, Maine.
New York City — New York City-based Modell’s Sporting Goods has acquired three City Sports locations ranging from 7,500-9,000 square feet in Philadelphia, Boston and Washington, D.C.
Santa Barbara, Calif. — Lee & Associates has arranged the over $15 million sale of a 48,813-square-foot Saks Off 5th Avenue building located in downtown Santa Barbara.
Dallas — Westfield Corp. has sold five regional malls to a partnership of Dallas-based Centennial Real Estate Company, Montgomery Street Partners and USAA Real Estate for $1.1 billion.
San Diego — San Diego-based Zephyr has sold The Block, a 60,000-square-foot mixed-use site currently under development on Broadway in San Diego, to Vancouver, Canada-based Bosa Development.
New York City — Eastern Consolidated has arranged the sale of a mixed-use building located at 157 E. 55th St. in New York’s Midtown East district.
Northbrook, Ill. — Northbrook-based Pine Tree Commercial Realty has completed $670 million in retail real estate acquisitions over 24 months, and has hired seven.