San Francisco — A partnership between Blatteis & Schnur and Morgan Stanley Real Estate Investing has acquired the 250,000-square-foot Macy’s Men’s Store located on Union Square in San Francisco for $250 million.
Bakersfield, Calif. — A joint venture between C & C Properties Inc. and MarkChris Investments has announced the redevelopment of East Hills Mall in Bakersfield, roughly 110 miles north of Los Angeles.
Campbell, Calif. — Ellis Partners has broken ground on the multi-phased renovation of The Pruneyard, a 27-acre mixed-use shopping center in the Silicon Valley city of Campbell.
San Francisco — Mesa West Capital has provided $16 million in financing for a 12,281-square-foot Disney Store in San Francisco.
Lake Elsinore, Calif. — Civic Partners has received approval for the development of Artisan Alley at the Diamond, a mixed-use project located in Lake Elsinore.
San Marcos, Calif. — Lee & Associates has arranged the $73.4 million sale of Campus Marketplace, a 144,148-square-foot shopping center located roughly 35 miles outside San Diego in San Marcos.
Los Angeles — Kilroy Realty Corp. has purchased The Sunset, a 179,000-square-foot mixed-use development in the West Hollywood submarket of Los Angeles, for $210 million.
Los Angeles — Newmark Realty Capital Inc. has secured two refinance loans totaling $21.9 million for five retail buildings in Los Angeles.
Moreno Valley, Calif. — HFF has secured a $7.3 million refinancing for Ironwood Plaza, a 56,289-square-foot shopping center located in the Inland Empire community of Moreno Valley.
Santa Monica, Calif. — Palisades Capital Partners has acquired a mixed-use property located at 631 Wilshire Blvd. in downtown Santa Monica for $33 million.