Fort Lauderdale, Fla. — Aztec Group has secured a $26 million construction loan for Phase II of Riverbend Marketplace, a 37-acre, Walmart-anchored development in Fort Lauderdale.
Philadelphia — Philadelphia-based PREIT (NYSE: PEI) has announced the sale of four malls for an aggregate price of $92.4 million.
Dublin, Calif. — Dublin-based Ross Stores Inc. opened a total of 22 Ross Dress for Less stores and six dd’s DISCOUNTS stores across 15 states in February and March.
Chicago — A joint venture between M&R Development and Bucksbaum Retail Properties LLC has acquired a 2.3-acre site in Chicago’s Lakeview neighborhood for the future development of Addison & Clark, a mixed-use retail and multifamily property.
Chapel Hill, N.C. — Unison Realty Partners has acquired Chatham Crossing, a 96,155-square-foot neighborhood shopping center in Chapel Hill.
Clawson, Mich. — Mid-America Real Estate Corp. has arranged the sale of Clawson Center, a 130,424-square-foot grocery-anchored shopping center located in the Detroit suburb of Clawson.
Mesa, Ariz. — HFF has arranged $6.3 million in acquisition financing for Marketplace at Signal Butte, a 116,358-square-foot grocery-anchored center located in Mesa.
Atascocita, Texas — Baker Katz has broken ground on the redevelopment of two retail buildings totaling 33,000 square feet in the Houston suburb of Atascocita.
Livonia, Mich. — Friedman Integrated Real Estate Solutions has arranged the sale of L.A. Plaza, a 34,965-square-foot retail center located in the Detroit suburb of Livonia.
Manassas, Va. — The JCR Cos. has acquired Signal Hill Shopping Center, a 105,781-square-foot shopping center located in the Washington, D.C., suburb of Manassas, for $22.6 million.