Saginaw and Muskegon, Mich. — CBL & Associates Properties Inc. has sold two regional malls located in Michigan to an undisclosed private buyer for $66.5 million.
Novi, Mich. — Children’s clothing retailer Hanna Andersson and American Girl are set to open new locations at Twelve Oaks Mall, a 550,000-square-foot regional mall located in the Detroit suburb of Novi.
Three Rivers, Mich. — Friedman Integrated Real Estate Solutions has arranged the sale of Three Rivers Shopping Center, a 91,264-square-foot retail center located roughly 30 miles south of Kalamazoo in Three Rivers.
Bloomfield Hills, Mich. — Bloomfield Hills-based Agree Realty Corp. has acquired a portfolio of 11 net lease retail properties for $79.5 million.
Ann Arbor, Mich. — Brixmor has added three new anchor tenants to Maple Village shopping center in Ann Arbor.
Lansing, Mich. — Chick-fil-A will break ground Tuesday on the first store in a series of new openings in Michigan.
Novi, Mich. — Novi-based The Kroger Co. of Michigan will invest $180 million in Michigan’s grocery sector during 2016 by adding three Kroger Marketplace stores and six new fuel centers.
Clawson, Mich. — Mid-America Real Estate Corp. has arranged the sale of Clawson Center, a 130,424-square-foot grocery-anchored shopping center located in the Detroit suburb of Clawson.
Livonia, Mich. — Friedman Integrated Real Estate Solutions has arranged the sale of L.A. Plaza, a 34,965-square-foot retail center located in the Detroit suburb of Livonia.
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.