Santa Monica, Calif. — The Macerich Co. (NYSE: MAC) has formed joint ventures to which the company will contribute interests in eight regionals malls totaling roughly $2.3 billion.
Chino Hills, Calif. — Dunhill Partners Inc. has acquired The Shoppes at Chino Hills, a 377,966-square-foot lifestyle center located in the Los Angeles suburb of Chino Hills.
Summerlin, Nev. — Faris Lee Investments has arranged the $51 million sale of a freestanding, 145,000-square-foot single-tenant property triple-net leased to Life Time Fitness in the Las Vegas suburb of Summerlin.
Knoxville, Tenn. — SRS Real Estate Partners has arranged the sale of Windsor Square, a 299,329-square-foot community center located in Knoxville.
Riverside, Calif. — Hanley Investment Group has arranged the $15.2 million sale of a newly built, 45,000-square-foot single-tenant LA Fitness located in Riverside.
Davenport, Fla. — Phillips Edison Grocery Center REIT II Inc. has acquired Berry Town Center, a 99,441-square-foot Publix-anchored shopping center located 15 miles southwest of Orlando in Davenport.
Miami — Holliday Fenoglio Fowler (HFF) has arranged the $370 million sale of a 1.1-acre contiguous city block along Lincoln Road in Miami Beach.
Avon, Colo. — Greystone has provided a $36 million CMBS loan for Chapel Square and Benchmark Shopping Center, two adjoining mixed-use properties comprising 200,000-square feet of retail and office space in the resort community of Avon.
Ledgewood, N.J. — Cushman & Wakefield has arranged the sale of Ledgewood Mall, a 518,000-square-foot retail property located in Ledgewood, for a price in the high-$20 million range.
Suwannee, Ga. — Transwestern has arranged the $4.1 million sale of Laurel Springs Village, a 21,710-square-foot shopping center in the Atlanta suburb of Suwannee.