Tempe, Ariz. — Vestar and AEW Capital Management have partnered to acquire Tempe Marketplace, a 1.3 million-square-foot open-air retail center, for $367 million.
Orlando, Fla. — Holliday Fenoglio Fowler (HFF) has arranged the $21 million sale of Southchase Village, a 229,410-square-foot, grocery-anchored community shopping center in Orlando.
Bradenton, Fla. — CBRE has arranged the sale and financing of two retail centers located in the master-planned community of Lakewood Ranch in Bradenton.
Los Angeles and New York City — HBS Global Properties has purchased the 41-property Galeria Kaufhof portfolio that is valued at $3 billion. The portfolio consists of marquee retail locations across the United States and Germany.
Eden Prairie, Minn. — HFF has arranged an $86 million refinancing for Eden Prairie Center, a 1.14 million-square-foot super-regional mall in the Minneapolis suburb of Eden Prairie.
Atlanta — North American Properties (NAP) and CBRE Global Investors have sold Town Center at Atlantic Station in Midtown Atlanta to an institutional investor advised by Hines.
Miami — Federal Realty Investment Trust, alongside partners Grass River Property and The Comras Co., has acquired an 85 percent interest in The Shops at Sunset Place, a 515,000-square-foot mixed-use center located in Miami, for $110 million.
Chamblee, Ga. — S.J. Collins Enterprises will break ground in October on Peachtree Crossing, a 107,160-square-foot grocery-anchored power center in Chamblee, an eastern suburb of Atlanta.