Granite Bay, Calif. — Vestar has acquired Sierra Oaks Plaza, a 105,555-square-foot neighborhood shopping center located in the Sacramento suburb of Granite Bay, for $28.1 million.
Glendale, Ariz. — CBRE has arranged the $10 million sale of Shops at Arrowhead Gateway, a 35,684-square-foot shopping center located on an outparcel of Arrowhead Towne Center Mall in Glendale.
Pomona, Calif. — Marcus & Millichap has arranged the sale of Foothill Square, a 123,127-square-foot shopping center located in the Los Angeles suburb of Pomona.
New York City — After losing money for 13 consecutive quarters, teen apparel retailer Aéropostale Inc. (OTCQX: AROP) has filed for Chapter 11 Bankruptcy protection.
Bellevue, Wash. — Vulcan Real Estate has acquired Bellevue Plaza, a 60,000-square-foot shopping center located in Bellevue, roughly 10 miles outside of Seattle.
Carlsbad, Calif. — CBRE Capital Markets’ Debt & Structured Finance team has arranged a $43 million loan for Cornerstone Real Estate Advisers LLC to refinance Bressi Ranch Village Center, a retail center in Carlsbad.
Coconut Creek, Fla. — AEW Capital Management L.P. has acquired Promenade at Coconut Creek, a 297,557-square-foot LEED Silver certified lifestyle center.
Rosenberg, Texas — NewQuest Properties has finalized a 38,835-square-foot lease with 24 Hour Fitness Worldwide Inc. at the 550-acre Brazos Town Center in the Houston suburb of Rosenberg.
Bal Harbour, Fla. — Whitman Family Development has submitted updated plans for a $400 million expansion of Bal Harbour Shops, an upscale, 450,000-square-foot open-air shopping center located near Miami Beach in Bal Harbour Village.
Chicago — Mid-America Real Estate Corp. has arranged the $46.5 million sale of The Heritage Shops at Millennium Park, a 98,547-square-foot street-retail property located in Chicago.