Fort Worth, Texas — Hillwood has broken ground on Parkside at Alliance Town Center, a 3.5-acre dining and entertainment destination that will be located within the 900-acre AllianceTexas development in Fort Worth.
Murfreesboro, Tenn. — Cohen Financial, a division of SunTrust Bank, has arranged a $13 million loan for the acquisition of Towne Center, a 108,000-square-foot retail center in Murfreesboro, 35 miles southeast of Nashville.
Calabash, N.C. — Cleeman Realty Group (CRG) has arranged the $5.2 million sale of Carolina Commons, a 50,400-square-foot, Food Lion-anchored center in Calabash, North Carolina.
Chicago — HFF has arranged the $77 million refinancing of 545 and 555 North Michigan, two free-standing, adjacent retail properties totaling 61,909 square feet along Chicago’s Magnificent Mile.
Sioux City, Iowa — Newmark Knight Frank (NKF) has arranged the $55 million sale of Southern Hills Mall in Sioux City.
Santa Monica and Carlsbad, Calif. — Balboa Retail Partners has acquired two grocery-anchored centers in Southern California — Lincoln Center in Santa Monica and Carlsbad Village in Carlsbad.
Clarksville, Tenn. — Nassimi Realty has acquired Two Rivers Center, a 245,000-square-foot retail property in Clarksville, located 50 miles northwest of Nashville.
Celebration, Fla. — Stan Johnson Co. has arranged the $29.5 million sale of the Shoppes at Celebration Place, a 44,095-square-foot retail center in Celebration, Florida, located 3 miles south of Walt Disney World.
Atlanta — Five new eateries have inked leases at The Hub, the retail portion of downtown Atlanta’s Peachtree Center.
East Lansing, Mich. — Costco Wholesale Corp. has opened a 152,000-square-foot membership warehouse in East Lansing, Michigan.