Temecula and Novato, Calif. — A real estate fund managed by Ares Management, in partnership with Citivest Commercial Investments LLC, has acquired two shopping centers located in Temecula and Novato, California.
Santa Ana, Calif. — CBRE has arranged the $31.8 million sale of McCalla Centre, a 110,620-square-foot shopping center located in Santa Ana.
Odessa, Texas — Franklin Street has arranged the sale of a newly constructed 8,353-square-foot Family Dollar located in Odessa.
Palm Desert, Calif. — Hanley Investment Group has arranged the sale of a single-tenant Bank of America corporate ground lease in Palm Desert.
Akron, Ohio — Cooper Commercial Investment Group has arranged the $2.3 million sale of Chapel Hill Crossing, a 116,843-square-foot retail center in Akron.
Texas City, Texas — Weingarten Realty Investors has sold Palmer Plaza, a 98,816-square-foot retail center in the southern Houston suburb of Texas City.
Los Angeles — Chanel S.A., a Paris-based fragrance and fashion house, has purchased its 11,500-square-foot store at 400 N. Rodeo Drive in Beverly Hills for $152 million.
Denver, N.C. — Baum Realty Group has arranged the $7.6 million sale of a single-tenant net-leased Walgreens located in Denver, North Carolina.
Fort Walton Beach, Fla. — Marcus & Millichap has brokered the $9.5 million sale of Choctaw Plaza, a 97,171-square-foot shopping center located at 111 Racetrack Road N.W. in Fort Walton Beach.
Euless, Texas — The Boulder Group has arranged the $2.7 million sale of a single-tenant Panera Bread ground lease located in Euless.