El Segundo, Calif.— El Segundo-based Matthews Real Estate Investment Services has named El Warner national director of shopping center business.
Franklin, Mass. — Faris Lee Investments has arranged the $6.6 million sale of Franklin Shops, a newly developed 8,911-square-foot retail center located in Franklin.
Denver — OliverMcMillan, in partnership with Invesco Real Estate, has acquired Clayton Lane, a mixed-use property located in Denver’s Cherry Creek North, for an undisclosed price.
Los Angeles — Los Angeles-based fashion retailer American Apparel has emerged from chapter 11 as a private company after successfully implementing its plan of reorganization, approved by the Delaware bankruptcy court in late January.
Chula Vista, Calif. — Interstate 5 Center LLC has acquired a 71,490-square-foot retail center located at 1008 Industrial Blvd. in Chula Vista for $8 million.
Las Vegas — Meridian Capital Group has arranged $20 million in financing for the acquisition of a single-tenant, 16,000-square-foot Walgreens located on the Las Vegas Strip.
Oklahoma City, Okla. — GBT Realty Corp. has acquired 30 acres in Oklahoma City to develop the first phase of a $50 million development known as The Market at Czech Hall.
Indian Land, S.C. — MPV Properties has broken ground on RedStone, a retail development located in Indian Land.
Greensboro, N.C. — CBL & Associates Properties Inc. has announced that The Cheesecake Factory will open a new location at Friendly Center, an upscale shopping center in Greensboro.
Stafford Township, N.J. — Walters Group is constructing a Five Below store at Stafford Park Shopping Center in Stafford Township.