Irvine, Calif. — Irvine Co. Retail Properties has announced the opening of new restaurants across its Orange County portfolio, including Fashion Island, Irvine Spectrum Center, The Market Place and several other community centers.
Flower Mound, Texas — InvenTrust Properties Corp. has acquired The Highlands of Flower Mound, a 169,447-square-foot SuperTarget shadow-anchored shopping center located in the master-planned community of Flower Mound, for $45.75 million.
Atlanta — FCA Partners has acquired Parkway Pointe, a 196,664-square-foot retail center located within Atlanta’s Cumberland Galleria submarket, less than one mile from SunTrust Park, the future home of the Atlanta Braves, for $43.9 million.
New York City — SL Green Realty Corp. has inked a 10-year lease with Adidas to occupy retail space at its 115 Spring St. property in the Manhattan neighborhood of SoHo.
Smithtown, N.Y. — Marcus & Millichap has arranged the $10.4 million sale of a 14,460-square-foot Walgreens drugstore on the North Shore of Long Island in Smithtown.
Ceres, Calif. — Phillips Edison & Co. has acquired Central Valley Marketplace, an 81,897-square-foot shopping center located in Ceres.
Hialeah, Fla. — CREC has arranged the $23.1 million sale of El Mercado Shopping Center, a 96,000-square-foot shopping center located in Hialeah.
Sachse and San Antonio, Texas — Venture Commercial Real Estate has represented Fitness International LLC in deals for two new LA Fitness clubs in Sachse and San Antonio.
Mobile, Ala. — Rouse Properties Inc. will begin a redevelopment of The Shoppes at Bel Air in Mobile.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has purchased two Safeway-anchored shopping centers in Colorado.