Flower Mound, Texas — InvenTrust Properties Corp. has acquired The Highlands of Flower Mound, a 169,447-square-foot SuperTarget shadow-anchored shopping center located in the master-planned community of Flower Mound, for $45.75 million.
Atlanta — FCA Partners has acquired Parkway Pointe, a 196,664-square-foot retail center located within Atlanta’s Cumberland Galleria submarket, less than one mile from SunTrust Park, the future home of the Atlanta Braves, for $43.9 million.
New York City — SL Green Realty Corp. has inked a 10-year lease with Adidas to occupy retail space at its 115 Spring St. property in the Manhattan neighborhood of SoHo.
Smithtown, N.Y. — Marcus & Millichap has arranged the $10.4 million sale of a 14,460-square-foot Walgreens drugstore on the North Shore of Long Island in Smithtown.
Ceres, Calif. — Phillips Edison & Co. has acquired Central Valley Marketplace, an 81,897-square-foot shopping center located in Ceres.
Hialeah, Fla. — CREC has arranged the $23.1 million sale of El Mercado Shopping Center, a 96,000-square-foot shopping center located in Hialeah.
Sachse and San Antonio, Texas — Venture Commercial Real Estate has represented Fitness International LLC in deals for two new LA Fitness clubs in Sachse and San Antonio.
Mobile, Ala. — Rouse Properties Inc. will begin a redevelopment of The Shoppes at Bel Air in Mobile.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has purchased two Safeway-anchored shopping centers in Colorado.
Henderson, Nev. — Vestar has completed a $120 million buyout of The District at Green Valley Ranch, a 37-acre, 384,107-square-foot retail property located 10 miles southeast of the Las Vegas Strip.