Irvine, Calif. — Wesco Properties Inc. has acquired a two building retail site located in Irvine for $13.7 million.
Long Beach, Calif. — CBC Advisors Orange County has arranged the $3.5 million sale of Orange Plaza, a 19,840-square-foot retail strip center located in Long Beach.
Los Angeles — NorthMarq Capital has arranged the refinancing of two retail properties in Los Angeles.
Fairfield, Calif. — Sterling Organization has acquired Raley’s Plaza, a 95,441-square-foot shopping center located approximately 40 miles northeast of downtown San Francisco in Fairfield, for $22.8 million.
Oceanside, Calif. — InvenTrust Properties Corp. has acquired Old Grove Marketplace, an 81,279-square-foot shopping center located in the San Diego suburb of Oceanside, for $23.3 million.
Los Banos, Calif. — CBRE’s National Retail Investment Group – West has arranged the sale of Shops at Stonecreek Plaza, a retail strip center located in Los Banos.
Banning, Calif. — Marinita Development Co. has completed the development of a retail building at Sun Lakes Village Shopping Center in Banning, California.
Irvine, Calif. — Lincoln Property Co. and Alcion Ventures have announced eight chef-driven tenants to open at Trade Food Hall in Irvine.
Laguna Hills, Calif. — C.W. Driver Cos. has broken ground on Five Lagunas, a rebranding and renovation of Laguna Hills Mall in the Orange County city of Laguna Hills.
Corte Madera, Calif. — New York Life Real Estate Investors has provided a $225 million, 12-year mortgage loan for The Village at Corte Madera, a 460,000-square-foot regional mall located in Corte Madera.