Beverly Hills, Calif. — Harbor Group International LLC (HGI) has acquired 357 North Beverly Drive, a 14,144-square-foot urban retail property in Beverly Hills, for $40 million.
Las Vegas — NorthMarq Capital has arranged the $16.85 million refinance of Trop Dec Plaza, a 74,824-square-foot retail property located on Tropicana Avenue in Las Vegas.
Odenton, Md. — Giant Food will open a 60,492-square-foot, full-service grocery store at Odenton Shopping Center located in Odenton.
Jacksonville, Fla. — Ziff Properties Inc. has acquired Merrill Crossings Shopping Center Phase I, a 125,869-square-foot, mixed-use property located in Jacksonville, for $8.6 million.
Atlanta — CBRE has arranged the sale of a four-asset portfolio comprised of four freestanding, single-tenant Lowe’s Home Improvement stores in the Atlanta metropolitan statistical area totaling approximately 532,735 square feet for $81.6 million.
Manahawkin, N.J. — Holliday Fenoglio Fowler LP (HFF) has arranged the sale of Manahawkin Commons, a 318,100-square-foot, multi-anchor retail center located in Manahawkin, for $42.25 million.
Fredericksburg, Va. — H&R Retail has arranged the sale of Spotsylvania Crossing, a 113,000-square-foot shopping center located in Fredericksburg, for an undisclosed price.
Chicago — KBS and CBRE have announced that six new restaurants—Eastman Egg Company, BenjYehuda, Piggy Back Tavern BBQ, Madison Tavern, Halsted Street Deli and Freshii—will open at Marketplace@500, the recently renovated dining court at 500 W. Madison in Chicago.
Cincinnati — Steiner + Associates and Bucksbaum Retail Properties have announced the first group of tenants for Liberty Center, the 64-acre 1.2 million-square-foot mixed-use property the companies are developing in Cincinnati.
Santa Clarita, Calif. — JSB Development has broken ground on the first phase of Vista Canyon, a 185-acre mixed-use development comprising close to 1 million square feet of retail, office, residential and hospitality space in Santa Clarita, 30 miles from Los Angeles.