Rancho Cucamonga, Calif. — Victoria Gardens will soon break ground on a full streetscape renovation encompassing 1.19 acres of the center along Monet Avenue.
Hendersonville, Tenn. — Carolina Holdings Inc., in partnership with Branch Properties LLC, has begun construction for Merchant Pointe at Indian Lake, a new 140,000-square-foot retail center located in Hendersonville.
Titusville, Fla. — Sean Glickman of Coldwell Banker Commercial NRT and Glickman Retail Group brokered the $16 million of Crossroads Marketplace, an 89,200-square-foot shopping center located in Titusville, a town in Central Florida.
Irvine, Calif. — Faris Lee Investments has completed the sales of three newly constructed, single-tenant properties triple-net leased by CVS Pharmacy. The transactions were sold for a total of $17 million.
Sevierville, Tenn. — RealtyLink LLC, Vannoy Construction and architect Cor3 Design, have announced the groundbreaking of the $25 million River Landing project, a 175,000-square-foot planned shopping center located in Sevierville.
Summerville, S.C. — Marcus & Millichap (NYSE: MMI), a commercial real estate investment services firm, has brokered the sale of Shoppes at Azalea, a seven-tenant retail building totaling 11,966-square feet in Summerville.
CINCINNATI — Phillips Edison Grocery REIT II has acquired three properties, expanding its portfolio in Ohio and Minnesota and acquiring its first shopping center in Maryland.
Amelia, Ohio — NorthMarq Capital has secured $4.5 million in financing for Pierce Town Center, a 50,000-square-foot retail property located in Amelia.
Fort Worth, Texas —Tyler’s will open a 17,274-square-foot store at the Trademark Property Co.’s WestBend mixed-use development in Fort Worth’s University District. Slated to open in early 2016, the regional retailer will bring athletic, lifestyle and collegiate apparel, footwear, eyewear and accessories to WestBend. It’s the company’s first location in Fort Worth and seventh statewide.
Plymouth, Minn. — Mid-America Real Estate Corporation’s has brokered the sale of Waterford Park Plaza in Plymouth. Cincinnati-based Phillips Edison purchased the 127,586-square-foot grocery-anchored center for $19.5 million from Plymouth-based Provident Real Estate Ventures LLC.