Newport News, Va. — Inland Real Estate Income Trust Inc. has acquired Marketplace at Tech Center, a 210,000-square-foot newly constructed power center located in Newport News.
New York City — Kinsey Capital has arranged the sale of a retail property located at 730 Lexington Ave. in Manhattan’s Midtown East neighborhood.
Irvine, Calif. — With online real estate transactions becoming increasingly competitive, Auction.com is rebranding as Ten-X and will expand its platform in the coming months to include options that will give sellers the choice of executing transactions using an online auction or a non-auction process online.
Rancho Cucamonga, Calif. — Passco Companies LLC has acquired Day Creek Village, a 25,002-square-foot shopping center located in Rancho Cucamonga, for $15.8 million.
Lafayette, La. — Kimco Realty Corp. has sold Acadiana Square, a 244,768-square-foot retail power center located in Lafayette, for $24 million.
Houston — Faris Lee Investments has completed the $25.1 million sale of Westgate Market, an 80,690-square-foot shopping center in Houston.
Ocala, Fla. — Crossman & Co. has arranged the $4.4 million sale of Pearl Britain Plaza, an 82,216-square-foot, Publix-anchored shopping center located in Ocala.
Santa Monica, Calif. — Santa Monica-based Main + Main has named Mike Clark executive director.
Coral Springs, Fla. — Miami-based private investment firm Continental Properties Acquisition Corp. (CPAC) has sold a 12,430-square-foot CVS/pharmacy in Coral Springs for $6.3 million.
Atlanta — HFF has arranged the $16.7 million sale of Hamilton Mill Village, an 88,710-square-foot retail center anchored by Publix in northeastern Atlanta.