Santa Monica, Calif. — Palisades Capital Partners has acquired a mixed-use property located at 631 Wilshire Blvd. in downtown Santa Monica for $33 million.
Nashua, N.H. — Linear Retail Properties has acquired two retail properties along the Daniel Webster Highway and Spit Brook Road in Nashua for $12.5 million.
Montgomery, Ala. — Jim Wilson & Associates LLC (JWA) plans to develop Eastchase Central, a shopping center in Montgomery that will be anchored by a roughly 40,000-square-foot Marshalls/HomeGoods store.
Atlanta — Third & Urban and Trillium Management plan to redevelop the former Western Electric Building in Atlanta.
Tomball, Texas — Santikos Entertainment is developing Northpointe Shopping Center, an entertainment-anchored retail center located roughly 30 miles outside Houston in Tomball.
Los Banos and Sacramento, Calif. — Continental Partners, formerly known as Continental Funding Group, has secured $21.4 million in refinancing for two shopping centers located in Sacramento and Los Banos.
Chicago — Chicago-based GGP has promoted Shobi Khan to president and COO.
New York City — PCCP LLC has provided a $47.1 million senior loan to a joint venture between Onyx Equities and KBS Capital Advisors for the redevelopment of 210 W. 31st St. in Manhattan’s Penn Plaza submarket.
Inglewood, Calif. — George Smith Partners has secured the $34 million refinancing of Crenshaw Imperial Plaza, a 305,000-square-foot mixed-use center located roughly 12 miles outside Los Angeles in Inglewood.
Raleigh, N.C. — CBRE | Raleigh has arranged the sale of Marketplace at Lake Boone, a 76,253-square-foot mixed-use development located at the intersection of Lake Boone Trail and Gateway Access Road in Raleigh.