Los Angeles — Forest City Realty Trust Inc. has started phase two of the redevelopment, preservation and adaptive re-use of the Subway Terminal Building, originally built in 1925 by Pacific Electric Railroad in Downtown Los Angeles.
Hattiesburg, Miss. — Stirling Properties has purchased Turtle Creek Crossing, a 295,000-square-foot power retail center in Hattiesburg, for $48.1 million.
New York City — SL Green Realty Corp. and The Moinian Group have signed a 23-year, 43,000-square-foot lease with Nordstrom to anchor three levels of retail space at 3 Columbus Circle in Manhattan.
Woodstock, Ga. — Transwestern’s Southeast investment services group has arranged the $13 million sale of East Cherokee Village Shoppes, a Publix-anchored shopping center located in Woodstock, a northern suburb of Atlanta.
East Rutherford, N.J. — Primark is set to open a 100,000-square-foot store at American Dream, a 3 million-square-foot retail center currently being developed by The Triple Five Group of Cos. in East Rutherford.
New York City — Trinity Place Holdings Inc. (NYSE MKT: TPHS), a real estate investment and management firm, has unveiled plans for a 50-story mixed-use project located at 77 Greenwich St. in New York City’s Financial District in Lower Manhattan.
San Diego — CBRE has arranged a $65 million loan for the refinance of The Village at Pacific Highlands Ranch, a 147,716-square-foot shopping center located in the Pacific Highlands Ranch community of San Diego.
Old Tappan, N.J. — NorthMarq Capital has arranged a $12 million permanent financing for Bi-State Plaza Shopping Center, an 88,000-square-foot grocery-anchored shopping center located in Old Tappan.