Sturbrudge, Mass. — Kimco Realty has completed the disposition of The Center at Hobbs Brook, a 230,590-square-foot retail center in Sturbridge.
Boston — National Real Estate Advisors and The HYM Investment Group have unveiled plans to redevelop the Government Center Garage into Bulfinch Crossing, a six-building, 2.9 million-square-foot mixed-use development in Boston’s Bulfinch Triangle.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II has acquired six grocery-anchored shopping centers located in Florida, Massachusetts, Connecticut, Texas and Nevada.
Franklin, Mass. — NorthMarq Capital has arranged the $50 million refinancing of Franklin Village, a 303,096-square-foot, grocery-anchored mixed-use center located in the Boston suburb of Franklin.
Boston — The Boston Redevelopment Authority Board has given approval for Edens to construct a 700,000-square-foot mixed-use development in the South Bay submarket of Boston.
Burlington, Mass. — Colliers International has arranged $45 million in refinancing for Third Avenue, a newly constructed retail walking street located off of the Middlesex Turnpike in Burlington.
Franklin, Mass. — Faris Lee Investments has arranged the $6.6 million sale of Franklin Shops, a newly developed 8,911-square-foot retail center located in Franklin.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has acquired one shopping center and two junior boxes totaling 146,472 square feet in Amesbury, Massachusetts, and Charleston, South Carolina.
Boston — National Real Estate Advisors and the HYM Investment Group have received final approval from the Boston Redevelopment Authority to build two towers comprising the first phase of a $1.5 billion redevelopment project on Boston’s Congress Street.
Rockville, Md. — Rockville-based Federal Realty Investment Trust has acquired the 70 percent interest owned by affiliates of a discretionary fund advised by ING Clarion Partners in a joint venture that owns six shopping centers.