Cypress, Texas — The Howard Hughes Corporation has broken ground on Lakeland Village Center, the first commercial development in the master planned community Bridgeland, located in Cypress.
Alpharetta, Ga. — Phillips Edison Grocery Center REIT II, Inc. has purchased Old Alabama Square, a 103,268-square-foot shopping center in the north Atlanta suburb of Alpharetta.
Ventura, Calif. — A 43,138-square-foot building in Thousand Oaks that is triple-net leased to Orchard Supply Hardware has sold to Oppidan Investment Company for $16.7 million.
Strongsville, Ohio — Marcus & Millichap has brokered the sale of Strongsville Shopping Center, a 30,750-square-foot retail property in Strongsville, a suburb of Cleveland.
Saddle Brook, N.J. — Holliday Fenoglio Folwer, L.P. (HFF) has arranged the sale of and acquisition financing for a two-building shopping center located in Saddle Brook, New Jersey.
Decatur, Ala. — Colliers International’s Southeast retail investment sales team has brokered the $10.9 million sale of The Market Shoppes, a power retail center located in Decatur, Alabama.
North Andover and Waltham, Mass. — Linear Retail Properties has acquired a three-property retail portfolio, totaling 124,093 square feet, in Massachusetts for $57.5 million.