Fontana, Calif. — Faris Lee Investments has arranged the $20.7 million sale of Southridge Plaza, a 119,359-square-foot shopping center located nine miles west of San Bernardino in Fontana, California.
Augusta, Ga. — Big V Capital LLC has acquired Colony Plaza, a 216,693-square-foot shopping center located in Augusta, Georgia.
Trinity, Fla. — Sleiman Enterprises has purchased Shoppes at Trinity Lakes, a shopping center located 30 miles north of Tampa in Trinity, for $18 million.
Provo, Utah — California-based real estate investment firm Brixton Capital will invest approximately $80 million in the repositioning of Provo Towne Center, an 800,000-square-foot mall in Provo, located about 45 miles south of Salt Lake City.
Houma, La. — Chase Properties Ltd. has purchased Magnolia Square, a 242,000-square-foot shopping center located in Houma, 60 miles southwest of New Orleans.
Southern California — Federal Realty Investment Trust has formed a joint venture with Primestor Development Inc. to acquire seven retail properties in Southern California.
Terrell, Texas — Schulman Theatres will develop Film Alley Movie Entertainment Center, a 74,000-square-foot facility that will be located at the corner of Interstate 20 and FM 148 in Terrell, a city approximately 30 miles east of Dallas.
Bakersfield, Calif. — CBRE in conjunction with the National Retail Partners-West (NRP-West) team has brokered the sale of Riverlakes Village, a grocery-anchored shopping center in Bakersfield.
Los Angeles — Westwood Financial, a shopping center investment firm based in Los Angeles, has received $171 million in financing in two separate loan transactions.
Honolulu, Hawaii — Colliers International has arranged the $42.3 million sale of a flagship Walgreens store located across from Ala Moana Center in Honolulu, Hawaii.