Chattanooga, Tenn. — Colliers International has arranged the $4.4 million sale of Gunbarrel Place, a 38,250-square-foot shopping center located near Hamilton Place Mall in Chattanooga.
Cincinnati — Cincinnati-based Phillips Edison & Company has sold five shopping centers totaling 583,000 square feet to Albanese Cormier Holdings.
Atlanta — Restaurant Brands International Inc. (RBI) (NYSE: QSR) has agreed to acquire Atlanta-based Popeyes Louisiana Kitchen Inc. (NASDAQ: PLKI) for $1.8 billion.
Beverly Hills, Calif. — Sterling Organization has received $12.1 million in financing for the acquisition of a vacant 4,700-square-foot retail building located on North Beverly Drive in Beverly Hills.
New Brunswick, N.J. — Saxum Real Estate has purchased a vacant retail building, located at 37 Easton Ave. in Brunswick, for an undisclosed price.
North Bergen, N.J. — Cushman & Wakefield has arranged the $19 million sale of a shopping center located at 2819 JFK Blvd. in North Bergen, roughly 10 miles outside New York City.
Hoover, Ala. — Colliers International has arranged the $12 million sale of a 50,000-square-foot Field & Stream store located in the Birmingham suburb of Hoover.
Pooler, Ga. — L Star Communities, master developer of the 2,588-acre Savannah Quarters development in Pooler, has broken ground on a new Publix store.
Omaha, Neb. — The Lerner Co. has completed the retenanting of the vacant Kmart building at Eagle Run Shopping Center in Omaha.
Glen Burnie, Md. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the $18.4 million sale of Cromwell Field Shopping Center, a 233,486-square-foot retail property located in the Baltimore suburb of Glen Burnie.