Miami — Marcus & Millichap has arranged the sale of Tamiami East, a 54,864-square-foot shopping center located in Miami, to IMC Properties for $15.9 million.
Pembroke Pines, Fla. — Continental Properties Acquisition Corporation (CPAC) has sold Palm Johnson Plaza, a 90,000-square-foot retail center located in Pembroke Pines, for $8.45 million.
Tampa, Fla. — Integra Real Estate Capital has arranged the $5.15 million sale of Citrus Park Plaza, a 13,000-square-foot retail center located in Tampa.
Miami — Aztec Group Inc. has arranged $20 million in refinancing for Crossings Shopping Village, a 109,000-square-foot retail complex anchored by Publix, CVS/pharmacy and You Fit Fitness in Miami.
Tampa, Fla. — Tampa’s University Mall will undergo a redevelopment that will include significant changes to the mall’s western wing.
West Palm Beach, Fla. — The Sembler Company and Forge Capital Partners have acquired Polo Grounds Mall, located in West Palm Beach, through their investment fund Forge Real Estate Partners III.
Irvine, Calif. — Irvine, California-based Hanley Investment Group has arranged the purchase of four shopping centers for Phillips Edison & Co. totaling 372,000 square feet for $24 million.
West Palm Beach, Fla. — Holliday Fenoglio Fowler L.P. has arranged $165 million in financing for Palm Beach Outlets, a 459,633-square-foot open-air outlet center in West Palm Beach.
Pensacola, Fla. — Holliday Fenoglio Fowler, L.P. (HFF) has arranged the sale of Ferry Pass Plaza, a 115,198-square-foot community retail center located on 12.3 acres in Pensacola, Florida.
Gainesville, Fla. — George Smith Partners has secured a $125 million construction loan for Phase 1 of Celebration Pointe, a 225-acre mixed-use development located in Gainesville.