Miami — Federal Realty Investment Trust has acquired an 80 percent interest in CocoWalk, a 198,000-square-foot lifestyle center in Miami’s Coconut Grove neighborhood, for $87.5 million.
Scottsdale, Ariz. — Northsight Village Shopping Center, an 88,031-square-foot retail center in Scottsdale, has sold to Arizona Partners for $11.5 million.
New York — Hudson Yards has hired Chef Thomas Keller and restaurateur and developer Kenneth Himmel to curate the dining collection at The Shops & Restaurants at Hudson Yards.
Asheville, N.C. — New England Development, a retail and outlet mall developer based in the Boston suburb of Newton, Mass., has opened the 75-store Asheville Outlets located in Asheville.
Chicago — Baum Realty Group has brokered the $16.6 million sale of five retail properties totaling 81,606 square feet in the Chicago area.
Naperville, Ill. — CBRE Capital Markets’ Debt & Structured Finance team has advised Marquette Cos. in the $47 million financing for the development of Water Street District, a 175,000-square-foot mixed-use development in Naperville.
Glen Ellyn, Ill. — Mid-America Real Estate Corp. has brokered the sale of a 2,500-square-foot Dunkin’ Donuts and a 1,400-square-foot Short Term Loans.
Atlanta — FCA Partners will redevelop Buckhead Exchange, one of Atlanta’s longest-standing retail centers in the Buckhead submarket. The renovation will transform the existing 48,500-square foot structure into an updated, pedestrian-focused center.
Bloomfield Hills, Mich. — Agree Realty Corp. recently closed on the acquisition of six retail properties for an aggregate purchase price of approximately $35.4 million.
Eufala, Ala. — Regency Properties has purchased Eufaula Towne Center located in Eufaula.