Crestwood, Ky. — SRS Real Estate Partners has arranged the $3.5 million sale of Crestwood Crossing, a 19,129-square-foot retail center in Crestwood, Kentucky, located 19 miles west of Louisville.
TravelCenters of America Agrees to Purchase 20 Assets from Hospitality Properties for $308.2 Million
Newton Mass. And Westlake, Ohio — TravelCenters of America LLC (NASDAQ: TA) has agreed to purchase 20 truck stop locations from its primary landlord, Hospitality Properties Trust (NASDAQ: HPT), for $308.2 million.
Washington, D.C. — KeyBank Real Estate Capital has provided a $30.3 million construction loan for a planned 67,000-square-foot, two-story retail property that will be fully leased to Target upon completion.
Upper Marlboro, Md. — Finmarc Management Inc. has acquired Largo Town Center, a 280,000-square-foot shopping center in Upper Marlboro, Maryland, for $43.9 million.
Alexandria, Va. — KeyBank has provided a $25.3 million CMBS refinancing loan for Rose Hill Plaza, a 145,925-square-foot shopping center in Alexandria, Virginia.
Barrington, Ill. — The Boulder Group has arranged the sale of a 59,885-square-foot single-tenant property net-leased to Jewel-Osco in the Chicago suburb of Barrington, Illinois, for $12.8 million.
SRS Real Estate Partners Arranges $3 Million Sale of Del Taco-Occupied Property in the Inland Empire
Lake Elsinore, Calif. — SRS Real Estate Partners’ National Net Lease Group has arranged the sale of a single-tenant retail property located in Lake Elsinore, California.
Encinitas, Calif. — Colliers International and JLL have negotiated the purchase of Encinitas Marketplace, a neighborhood retail center in Encinitas, California.
Hoffman Estates, Ill. — Former Sears CEO Edward Lampert has won a bankruptcy auction for Sears Holdings Corp., according to The Wall Street Journal and other media reports.
Royal Palm Beach, Fla. — HFF has arranged the $4 million sale of Villages Shoppes II on 441, a 44,032-square-foot retail center in Royal Palm Beach, Florida.