Los Angeles — ASB Real Estate Investments and Blatteis & Schnur have broken ground on At Mateo, an $80 million mixed-use project in downtown Los Angeles.
San Marcos — NorthMarq Capital has arranged the $42 million refinance of Nordahl Marketplace, a 304,801-square-foot retail property located in San Marcos.
Los Angeles — Avison Young has completed three retail leases within Level DTLA, a 303-unit corporate housing tower in the financial district of downtown Los Angeles.
Auburn, Calif. — Envoy Net Lease Partners LLC has financed a first mortgage bridge loan for a 5,500-square-foot, single-tenant net lease Denny’s restaurant in Auburn, California.
Deerfield, Ill. — For investors in net leased drugstore properties, one key question resulting from Tuesday’s announcement that Walgreens Boots Alliance Inc. has agreed to acquire Rite Aid Corp. for $17.2 billion, including acquired net debt, is what effect will the transaction have on lease terms and cap rates?
Alpharetta, Ga. — RocaPoint Partners and New York-based The Georgetown Co. have closed on the land purchase for HALCYON, a $370 million mixed-use development in Forsyth County.
Des Peres, Mo. — Sansone Group has reacquired Olympic Oaks Village in Des Peres, a western suburb of St. Louis, for $22 million.
Dallas — Dallas-based Disney Investment Group (DIG) has arranged the sale of four retail properties for a total of $80 million.
New York City — Holliday Fenoglio Fowler LP (HFF) has secured $200 million in financing for the acquisition and pre-development of a 19,684-square-foot development site at 151 East 60th St., which is located at Lexington Avenue across from Bloomingdale’s in Manhattan.
Los Angeles — Fred C. Sands, founder of Fred Sands Realtors and Vintage Capital Group, died unexpectedly October 23 at the age of 77.