Peoria, Ill. — Mid-America Real Estate Corp. has arranged the sale of Sheridan Village in Peoria for $13 million.
New Caney, Texas — Hobby Lobby has opened a new store in Valley Ranch Town Center, a 240-acre, 1.5 million-square-foot mixed-use development in New Caney, a city roughly 30 miles north of Houston.
Norcross, Ga. — SRS Real Estate Partners has arranged the $8.65 million sale of Tree Trail Village Shopping Center, a 99,238-square-foot retail center located roughly 28 miles outside Atlanta in Norcross.
The Colony, Texas — Nebraska Furniture Mart, a division of Berkshire Hathaway, has broken ground on a 100-acre lifestyle retail center that is part of Grandscape, a 433-acre, mixed-use development located along the Sam Rayburn Tollway in metro Dallas-Fort Worth.
Chicago — The Park at Wrigley is set to open today in Chicago.
Chicago — The Boulder Group has arranged the $24 million sale of Archer Station, a four-tenant shopping center located in Chicago.
Detroit — Bernard Financial Group has arranged a $5.2 million loan for the construction of Baltimore Station in Detroit.
Dallas — Dallas-based Cypress Equities has sold eight Walmart Neighborhood Market properties located in Alabama and South Carolina to an undisclosed U.S.-based REIT.
Stamford, Old Greenwich and Fairfield, Conn. — Urstadt Biddle Properties Inc. has acquired a four-property retail portfolio located in Stamford, Old Greenwich and Fairfield, Connecticut.
St. Paul, Minn. — St. Paul-based Gander Mountain Co. has filed a stalking horse bid by a joint venture comprised of Gordon Brothers and Hilco Merchant Resources to purchase substantially all of its assets.