Mount Laurel, N.J. — CBRE has arranged a $14.1 million acquisition loan for Towne Square Shopping Center, an 88,265-square-foot shopping center in Mount Laurel, a New Jersey suburb of Philadelphia.
Cherry Hill, N.J. — PREIT has opened a 26,000-square-foot location for Zara at Cherry Hill Mall in Cherry Hill, located nine miles east of Philadelphia.
Shrewsbury, N.J. — HFF has secured a $43.6 million refinancing for The Grove at Shrewsbury, a 148,000-square-foot lifestyle center located 25 miles south of New York City in Shrewsbury, New Jersey.
New York City and North Bergen, N.J. — Madison International Realty will acquire Forest City Realty Trust’s 51 percent interest in a 2.1 million-square-foot, 12-asset retail portfolio located in New York City and northern New Jersey for $1 billion.
Wayne, N.J. — HFF has secured $18.7 million in acquisition financing for West Belt Plaza, a retail center located 20 miles from Midtown Manhattan in Wayne, New Jersey.
Egg Harbor Township, N.J. — Wolfson Group has announced that Walmart Supercenter has opened as the anchor tenant at Oak Tree Plaza in Egg Harbor Township.