Honolulu — Honolulu-based Alexander & Baldwin (NYSE: ALEX) has acquired three shopping centers located in Hawaii.
Wood Village and McMinnville, Ore. — Capital Pacific has arranged the sales of two shopping centers in the Portland area: Wood Village Town Center in Wood Village, located 15 miles east of Portland, and McMinnville Plaza in McMinnville, 37 miles southwest of Portland.
Los Angeles — CBRE has arranged the $17.5 million sale of Triangle Center, a 16,128-square-foot strip retail center located in Culver City and Los Angeles.
San Diego — Colliers International has arranged the $19.9 million sale of a 17,462-square-foot retail property located in San Diego’s Gaslamp Quarter.
San Francisco — Jeff Kirwan, president and CEO of Gap brand, will leave Gap Inc.
Overland Park, Kan. — Price Brothers has unveiled plans for the next phase of Bluhawk, a $750 million, 277-acre mixed-use project in Overland Park.
Midvale, Utah — NKF Capital Markets has arranged the $142 million sale of a 688,549-square-foot portion of The Shops at Fort Union, a shopping center in Midvale, 12 miles south of Salt Lake City.
Sugar Land, Texas — Vista Equities Group has broken ground on Phase II of University Commons in Sugar Land, an expansion project that will deliver 108,000 square feet of new retail space.
Boise, Idaho — Boise-based grocery chain Albertsons Cos. has agreed to acquire Rite Aid Corp. (NYSE: RAD), one of the nation’s largest drugstore chains, for an undisclosed sum.
Las Vegas — Vestar has acquired Best in the West, a 465,000-square-foot shopping center in Las Vegas.