Los Angeles — George Smith Partners has secured financing on behalf of Canadian retail investment firm CormackHill LP for the $43 million acquisition of the iconic Fred Segal retail property at 8100 Melrose Ave. in Hollywood.
Granite Bay, Calif. — Vestar has acquired Sierra Oaks Plaza, a 105,555-square-foot neighborhood shopping center located in the Sacramento suburb of Granite Bay, for $28.1 million.
Pomona, Calif. — Marcus & Millichap has arranged the sale of Foothill Square, a 123,127-square-foot shopping center located in the Los Angeles suburb of Pomona.
Carlsbad, Calif. — CBRE Capital Markets’ Debt & Structured Finance team has arranged a $43 million loan for Cornerstone Real Estate Advisers LLC to refinance Bressi Ranch Village Center, a retail center in Carlsbad.
Santa Clarita, Calif. — Hanley Investment Group Real Estate Advisors (HIG) has arranged the sale of Bouquet Center, a 148,903-square-foot, grocery-anchored shopping center located in the Los Angeles suburb of Santa Clarita.
Stevenson Ranch, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of Stevenson Ranch Plaza, a 187,035-square-foot shopping center located in the Los Angeles suburb of Stevenson Ranch, for $72.5 million.
Chino, Calif. — Ed Hanley and Bill Asher of Hanley Investment Group Real Estate Advisors have been chosen to market the sale of Stater Bros. Plaza, a 73,600-square-foot shopping center located in Chino.
Bellflower and Gardena, Calif. — SBH Real Estate Group Inc. has acquired a freestanding retail building located in Bellflower and a retail center located in Gardena for an aggregate price of $6.2 million.