Medina, Ohio— Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $15.1 million sale of a single-tenant property net leased to Giant Eagle Supermarket in Medina, 35 miles south of Cleveland.
Elkins and Summersville, W.Va. — Regency Properties has acquired three shopping centers in West Virginia totaling 319,194 square feet.
Washington, D.C.— Walker & Dunlop has structured $61 million in financing for the recapitalization of The Shops at Dakota Crossing, a trophy retail center in Washington, D.C.
Longview, Wash. — CBRE has arranged the $38.3 million sale of Triangle Center, a 260,627-square-foot community shopping center located in Longview.
McKinney, Missouri City and League City, Texas — CBRE has arranged the sale of a three-property retail portfolio located on the outskirts of Dallas and Houston.
New York City — News headlines such as “Retail Is Dead” have painted a picture of desolation and destruction for the current state of retail real estate in the United States. However, while e-commerce “is the most discussed, it’s also the most misunderstood,” according to Melina Cordero, global head of retail research for CBRE.
San Antonio — Los Angeles-based RPD Catalyst LLC has sold Pavilions North Shopping Center, a 165,993-square-foot retail property located in San Antonio.
Malden, Mass.— Encore Real Estate Investment Services has arranged the $5.3 million sale of a net-leased Walgreens Pharmacy in Malden.
San Francisco — Hudson Pacific Properties Inc. (NYSE: HPP) and Allianz Real Estate have formed a joint venture to acquire the Ferry Building in downtown San Francisco.
Enfield, Conn. — Katz Properties has acquired Freshwater-Stateline Plaza, a 300,588-square-foot shopping center located 20 miles north of Hartford in Enfield.