Pleasant Hill, Calif. — PSRS has secured a $15 million refinancing for Courtyard Shopping Center, an 85,000-square-foot retail center located roughly 25 miles outside San Francisco in Pleasant Hill.
Shreveport, La. — Transwestern has arranged the $9 million sale of East Side Plaza, a 78,761-square-foot shopping center located in Shreveport.
Plano, Texas — Plano-based J.C. Penney Co. Inc. has announced plans to close two distribution facilities and approximately 130-140 stores over the next few months.
Peachtree City, Ga. — The $9.5 billion MEPT Fund, along with its affiliated funds, has purchased Kedron Village II, a 157,185-square-foot shopping center located in Peachtree City, about 30 miles southwest of downtown Atlanta.
Reno, Nev. — Hanley Investment Group has arranged the $4.9 million sale of a 7,624-square-foot retail building located in Reno.
White-Spunner, Poarch Band of Creek Indians to Deliver First Phase of $500 Million Resort in Alabama
Foley, Ala. — White-Spunner Construction (WSC) and the Poarch Band of Creek Indians are underway on OWA, a $500 million entertainment and retail district in Foley, a town in south Alabama near the Gulf of Mexico.
Lakeway, Texas — Stratus Properties Inc. has completed the sale of The Oaks at Lakeway, a 236,739-square-foot shopping center located roughly 22 miles outside Austin in Lakeway.
Houston, Texas — Lionstone Investments has sold Renaissance Center, a 97,279-square-foot shopping center located near the Texas Medical Center in Houston.
Tualatin, Ore. — NAI Elliott has arranged the $16.3 million sale of Martinazzi Square, a 51,060-square-foot shopping center located in Tualatin.
Flint, Mich. — Mid-America Real Estate Corp. has arranged the $14.2 million sale of Oak Brook Square, a 152,073-square-foot shopping center located in Flint.