Kansas City, Mo. — Retail Properties of America Inc. has sold The Shops at Boardwalk, a 122,397-square-foot shopping center located in Kansas City.
Carrollton, Texas — NewQuest properties is set to expand the redevelopment of Carrollton Town Center, a 154,863-square-foot shopping center located in Carrollton.
West Chester, Penn. — Holliday Fenoglio Fowler (HFF) has arranged an $18.5 million refinancing for West Goshen Town Centre, a 135,650-square-foot ShopRite-anchored retail center located in the Philadelphia suburb of West Chester.
Encino, Calif. — Encino-based Gelson’s Markets has won final approval to buy six Haggen properties located in Southern California.
Naples, Fla. — Investment Properties Corp. has arranged the $25.5 million sale of 50,000 square feet of street-level retail and office space located at 800 and 821 5th Ave. S. in downtown Naples.
Albuquerque, N.M. — Q10 Realty Mortgage & Investment Co. has arranged $2.5 million in financing for Alameda Retail Center, a 16,391-square-foot shopping center located in Albuquerque.
Bloomfield Hills, Mich. — Bloomfield Hills-based Agree Realty Corp. has promoted Laith Hermiz to chief operating officer and has named Daniel Ravid chief administrative officer and treasurer.
Allentown, Pa. — The Waterfront Development Co. has broken ground on a $400 million mixed-use development along the western banks of the Lehigh River in Allentown.
Montgomery, Ala. — New York Life Real Estate Investors has provided a $58 million loan on behalf of institutional investors for The Shoppes at EastChase in Montgomery.
New Orleans — Holliday Fenoglio Fowler (HFF) has secured a $27.7 million loan for Algiers Plaza, a recently renovated 236,389-square-foot, Winn-Dixie anchored shopping center in New Orleans.