Denver — HFF has arranged $23.7 million in financing for Market Center, a mixed-use office and retail property totaling 120,736 square feet in downtown Denver.
Plano, Texas — Berkadia has arranged $18.4 million in financing for H Mart Town Center, a grocery-anchored retail property in Plano.
Kansas City, Mo. — Highwoods Properties Inc. (NYSE: HIW) has agreed to sell the historic, 1.3 million-square-foot Country Club Plaza in Kansas City, largely known as the nation’s first shopping center.
Northbrook, Ill. — Cap rates in the fourth quarter of 2015 for the single-tenant net lease retail sector remained unchanged from the previous quarter at their historic low rate of 6.25 percent.
Hilton Head, S.C. — HFF has secured $13.4 million in acquisition financing for Fresh Market Shoppes, an 86,694-square-foot retail center anchored by The Fresh Market in Hilton Head.
Las Vegas — Marcus & Millichap has arranged the $10.55 million sale of Sahara Durango Retail Shopping Center, a 45,000-square-foot shopping center located in Las Vegas.
Los Angeles — Los Angeles-based CBRE Group Inc. has named Andrew Turf the company’s retail services team senior vice president.
Des Plaines, Ill. — Associated Bank has completed a $19.3 million loan for the land acquisition and construction of a Mariano’s Fresh Market grocery store in Des Plaines, approximately 20 miles northwest of Chicago.
Amherst and Sheffield Village, Ohio — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has arranged the sale of a two-property Giant Eagle-anchored shopping center portfolio comprising 193,633 square feet in northeast Ohio.
Hawthorne, Calif. — Cushman & Wakefield has arranged the $15.25 million sale of Hawthorne Town Center, a 51,000-square-foot shopping center located in Hawthorne.