Royal Palm Beach, Fla. — CBRE has arranged the $28.6 million sale of Buckingham Plaza, a 91,000-square-foot institutional quality power center located on State Road 7 in Royal Palm Beach.
New York City — Following the resignation of CEO Michael Carroll, New York City-based Brixmor Property Group Inc. has named Daniel Hurwitz interim CEO effective Monday, February 8.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has acquired one shopping center and two junior boxes totaling 146,472 square feet in Amesbury, Massachusetts, and Charleston, South Carolina.
Atlanta — Marcus & Millichap has arranged the $6.5 million sale of Tilly Mill Plaza, a 113,000-square-foot shopping center located at the intersection of Peachtree Industrial Boulevard and Tilly Mill Road in Atlanta.
Nashville, Tenn. — San Diego-based Moonshine Flats has entered the final stages of lease negotiations for a new 38,000-square-foot “honky tonk” music venue and bar in downtown Nashville.
Manville, N.J. — Cronheim Mortgage has arranged $28 million in financing for Marketplace at Manville, a 294,141-square-foot shopping center located in Manville.
Greensboro, N.C. — CBL & Associates Properties Inc. has added home retailer West Elm and Pieology Pizzeria to Friendly Center, an upscale shopping center in Greensboro.
Elk Grove Village, Ill. — MB Real Estate has arranged the $6.8 million sale of Strawberry Hill Plaza, a 24,910-square-foot retail property located in Elk Grove Village, approximately 25 miles northwest of Chicago.
Hayward, Calif. — NorthMarq Capital has arranged the $5.68 million refinance of Schafer Park, a 38,513-square-foot retail property located in Hayward.
Paramus, N.J. — NorthMarq Capital has arranged $49.4 million of floating-rate financing for a 244,000-square-foot, four-property retail portfolio on Route 17 in Paramus.