Chattanooga, Tenn. — Chattanooga-based CBL & Associates Properties Inc. has closed on a sale-leaseback transaction for five Sears department stores and two Sears Auto Centers located at CBL-owned malls for $72.5 million.
Las Vegas — A joint venture between TH Real Estate and Fairbourne Partners has acquired Town Square, a 1.1 million-square-foot lifestyle center comprised of 26 buildings in Las Vegas.
Collinsville, Ill. — Integra Real Estate Capital has negotiated a $3.2 million non-recourse loan for the acquisition of Orchards Shopping Center in Collinsville, 15 miles east of St. Louis.
Dallas, Texas — Hanley Investment Group has arranged the sale of a 3,377-square-foot Just Brakes location in Dallas, Texas.
Atlanta — Batson-Cook Development Co. (BCDC) has formed a joint venture partnership with Regent Partners LLC to acquire a parcel in the Buckhead financial district of Atlanta and develop a $400 million mixed-use project.
Los Angeles — CBRE has arranged the $13.3 million sale of Silver Lake Collection, a 10,497-square-foot, street-front retail property located along Sunset Boulevard in the Silver Lake neighborhood of Los Angeles.
Casa Grande, Ariz. — Marcus & Millichap has arranged the $2 million sale of a 7,441-square-foot Olive Garden located in Casa Grande.
Glenview, Ill. — Baum Realty Group LLC has arranged the sale of a retail building in Glenview, a suburb of Chicago, for $1 million.
Owings Mills, Md. — Three new eateries are set to open at Foundry Row, a $140 million retail development located roughly 20 miles outside Baltimore in Owings Mills.
Jackson, Miss. — Jackson-based Newk’s Eatery has signed six new area development agreements that will add more than 40 restaurants to the brand’s regional footprint.