Oakley, Calif. and Taylor, Mich. — Hanley Investment Group has arranged the sale of two single-tenant, triple-net leased properties occupied by O’Reilly Auto Parts for a combined price of $5.5 million.
San Ysidro, Calif. — HFF has secured a $22.75 million refinancing for The Plaza at the Border, a 98,120-square-foot retail center located along the U.S./Mexico border in San Ysidro.
Napa, Calif. — JOSS Realty Partners has acquired Napa Square, a 65,848-square-foot mixed-use asset located in downtown Napa, for $39.25 million.
San Francisco — Broe Real Estate Group has acquired Oceanview Village Shopping Center, a 98,406-square-foot shopping center located in San Francisco, for $30.6 million.
Fallbrook, Calif. — Gerrity Group has acquired Fallbrook Mercantile Center, a 70,410-square-foot grocery-anchored shopping center located in the San Diego-area community of Fallbrook, for $23.6 million.
Newport Beach, Calif. — Dallas-based SRS Real Estate Partners has launched SRS National Net Lease Group, a newly created platform offering advisory services for investors of single-tenant and net lease retail properties nationwide.
Los Angeles — Taubman Centers Inc. (NYSE: TCO) has unveiled plans for a $500 million renovation at Beverly Center, an 886,000-square-foot shopping mall located on Beverly Boulevard in Los Angeles.
Huntington Beach, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $3.3 million sale of Hamilton Center, a 6,800-square-foot shopping center located in Huntington Beach.
Irvine, Calif. — Irvine Co. is set to begin a $30 million renovation at Woodbridge Village Center, a 161,204-square-foot shopping center overlooking Woodbridge North Lake in Irvine.
Carson, Calif. — HFF has secured $83.2 million in first lien financing for South Bay Pavilion, a 1.2 million-square-foot super regional mall in the Los Angeles suburb of Carson.