Fullerton, Calif. — Safeco has acquired 914 West Orangethorpe Ave., a 79,898-square-foot retail property occupied by Food 4 Less in Fullerton, for $22.5 million.
Savannah, Ga. — SEDA (Southeastern Development Associates), formerly Blanchard & Calhoun, has arranged the $11.5 million sale of Fort Howard Square, a 113,00-square-foot retail center located in Savannah.
Sierra Vista, Ariz. — Friedman Integrated Real Estate Solutions, in a joint venture with its institutional equity partner, has acquired Plaza Vista Mall, a 227,110-square-foot retail power center located in Sierra Vista.
Vancouver, Wash. — Holliday Fenoglio Fowler (HFF) has arranged $24.8 million in proceeds to finance Hazel Dell Towne Center, a 264,191-square-foot retail center located in Vancouver, Washington.
Alpharetta, Ga. — Stockbridge Capital Group LLC has acquired Windward Plaza, a 152,648-square-foot retail center located in the Atlanta suburb of Alpharetta free and clear of existing debt.
Cincinnati, Ohio — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has acquired two grocery-anchored shopping centers located in Florida and South Carolina.
Kapolei, Hawaii — Six new restaurants are set to open at DeBartolo Development’s Ka Makana Ali’i, a 1.4 million-square-foot regional mall currently under construction in Kapolei in West Oahu.
Chicago — Mid-America Real Estate Corp. has arranged the $19.6 million sale of Roosevelt Galleria, a 40,306-square-foot retail center located in Chicago.
Beverly Hills, Calif. — Beverly Hills-based BIG Shopping Centers USA and RED Development have added five retail assets totaling 1.5 million square feet to their recently launched joint venture BIG RED Portfolio LLC.