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.
Wayland, Mich. — Mid-America Real Estate Corp.’s Investment Sales team has arranged the sale of Chambers Corners, a 99,564-square-foot grocery-anchored center located in Wayland, 30 minutes south of Grand Rapids.
Atlanta — Atlanta-based RCG Ventures has acquired three shopping centers in Tennessee, Alabama and Michigan.
Wayland, Mich. — Integra Real Estate Capital has secured $5.66 million in acquisition financing for Chambers Corners, a 99,600-square-foot shopping center located in Wayland, 20 miles south of downtown Grand Rapids.
Howell, Mich. —Viking Partners LLC has sold Crossroads Town Center, a 102,275-square-foot shopping center located in Howell, for $8 million.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has acquired three grocery-anchored shopping centers in Michigan, California and Massachusetts.
East Lansing, Mich. — Cohen Financial has arranged a $7.7 million CMBS loan for Trowbridge Village Retail Center, a 48,600-square-foot grocery anchored shopping center located adjacent to Michigan State University in East Lansing.
Bloomfield Hills, Mich. — Bloomfield-based Agree Realty Corporation has acquired 11 retail properties for approximately $26.5 million.