San Diego — NorthMarq Capital has arranged a $13.4 million loan for the acquisition of three Walgreens properties located in Texas and Ohio.
Canton, Ohio — Marcus & Millichap has arranged the $2.3 million sale of a McDonald’s ground lease in Canton.
Aurora, Ohio — PEBB Enterprises has sold Marketplace at Four Corners in Aurora, southeast of Cleveland, for $15.8 million.
Aurora, Ohio — Institutional Property Advisors (IPA) has brokered the sale of Marketplace at Four Corners in Aurora for $55.7 million.
Cincinnati — Rainier Realty Investments LP, along with a fund managed by Continuum Investments Limited and local operator Stark Enterprises, have acquired 32 East in Cincinnati for $29.1 million.
Maumee, Ohio — Uber Capital Group LLC has arranged a $15 million loan for the $21 million acquisition of The Shops at Fallen Timbers in Maumee, located 10 miles southwest of Toledo.
Beachwood, Ohio — As part of what DDR Corp. (NYSE: DDR) calls a “strategic transformation,” the shopping center REIT plans to spin off a portfolio of 50 assets — including 38 U.S. assets and all 12 of its properties in Puerto Rico — into a separate publicly traded REIT to be named Retail Value Trust (RVT).
Rochester, N.Y. and Cleveland, Ohio — HFF has arranged the $33.8 million refinancing of 21 single-tenant retail properties in metropolitan Rochester, New York, and Cleveland, Ohio.
Cincinnati — OnSite Retail Group will oversee leasing of the retail portion of The District at Deerfield, a $140 million mixed-use development in Cincinnati.
North Randall, Ohio — Amazon (NASDAQ: AMZN) has unveiled plans to open an 855,000-square-foot fulfillment center at the former site of Randall Park Mall in North Randall, roughly 15 miles southeast of Cleveland.