Birmingham, Ala. — Bayer Properties is set to begin a $66 million renovation of the historic Pizitz building in Birmingham.
Boston — National Real Estate Advisors and the HYM Investment Group have received final approval from the Boston Redevelopment Authority to build two towers comprising the first phase of a $1.5 billion redevelopment project on Boston’s Congress Street.
Atlanta — Kroger’s Atlanta Division and New City LLC plan to transform an existing Kroger store on Ponce de Leon Avenue in Atlanta as part of a mixed-use development along the Atlanta BeltLine.
Oak Brook, Ill. — Mid-America Real Estate Corp. has arranged the $18.2 million sale of The Oaks of Oak Brook, a 67,143-square-foot retail property located in Oak Brook, approximately 20 miles west of Chicago.
Overland Park, Mo. — Viking Partners Fund III LLC has acquired Overland Pointe Marketplace, an 80,047-square-foot shopping center located in the Kansas City suburb of Overland Park, for $8.5 million.
San Jose, Calif. — A partnership between Pacific Retail Capital Partners and Silverpeak Real Estate Partners has acquired Eastridge, a 1.4 million-square-foot super-regional mall located in San Jose for over $200 million.
Rockville, Md. — Rockville-based Federal Realty Investment Trust has acquired the 70 percent interest owned by affiliates of a discretionary fund advised by ING Clarion Partners in a joint venture that owns six shopping centers.
Calabasas, Calif — Calabasas-based Marcus & Millichap has arranged the sale of an eight-property Walgreens portfolio for $44.33 million located in Texas, Illinois, New York, Ohio and South Carolina.
Chicago — Baum Realty Group LLC has arranged the $14.67 million sale of The Armitage Collection, a 32,604-square-foot retail portfolio located on Armitage Avenue in Chicago.
Buena Park, Calif. — CBRE Group Inc. has arranged the $85 million sale of Buena Park Downtown, a 535,000-square-foot regional mall.