San Bruno, Calif. — QIC, one of the largest institutional investment managers in Australia, has acquired the Shops at Tanforan in the San Francisco Bay Area suburb of San Bruno for $174 million.
Riverside, Calif. — Faris Lee Investments has arranged the $13 million sale of Tyler Village, a 91,498-square-foot neighborhood retail center located in Riverside.
Tupelo, Miss. — Hanley Investment Group Real Estate Advisors has arranged the $8.7 million sale of the Shops at Barnes Crossing, a 75,000-square-foot neighborhood shopping center located in Tupelo.
Calabasas, Calif. — Calabasas-based Marcus & Millichap has arranged the $26.2 million sale of a 338,755-square-foot, eight property shopping center portfolio located in the metro areas of St. Louis, Cincinnati, Memphis, Kansas City and Indianapolis.
Frederick, Md. — Washington Property Co. (WPC) has acquired Ballenger Creek Plaza, a 75,527-square-foot shopping center located in Frederick, for $9.5 million.
Baker and Highland, Calif. — Progressive Real Estate Partners has arranged the $4.5 million sale of two single-tenant, triple-net leased Burger King drive through locations in the Inland Empire cities of Baker and Highland.
Alpharetta and Locust Grove, Ga. — Blanchard & Calhoun Commercial (BCC) has arranged the $19.5 million sale of two Publix-anchored centers located in the Atlanta suburbs of Alpharetta and Locust Grove.