Port Chester, N.Y. — New York Life Real Estate Investors has provided the joint venture of Depa USA and AVR Realty a 15-year, $120 million mortgage loan for Port Chester Shopping Center.
Clark, N.J. — Modell’s Sporting Goods has opened a new location at Clark Commons shopping center in Clark, New Jersey.
Richmond, Va. — Wheeler Real Estate Investment Trust Inc. (Wheeler REIT) has purchased Brook Run Shopping Center, a 147,738-square-foot shopping center located in Richmond.
Southfield, Mich. — Axilla Capital has arranged a $3.7 million loan for the refinancing of Shoppes at Park Place in Southfield.
Ridgecrest, Calif. — NAI Capital has arranged the $5.8 million purchase of a single-story, 59,909-square-foot property located at Ridgecrest Town Center in Ridgecrest, California.
Scottsdale, Ariz. — East Village at Shea LLC, a company formed by YAM Properties, LLC, has purchased Village at Shea, a 117,025-square-foot retail center located in Scottsdale, Arizona, for $32.5 million.
Pensacola, Fla. — Holliday Fenoglio Fowler, L.P. (HFF) has arranged the sale of Ferry Pass Plaza, a 115,198-square-foot community retail center located on 12.3 acres in Pensacola, Florida.
Kenosha, Wis. — Faris Lee Investments has arranged the sale of Windsor Pointe, a 13,965-square-foot, fully occupied multi-tenant retail center located in Kenosha, Wisconsin for $4.6 million.
Chicago — NorthMarq Capital has arranged $6 million in refinancing for two Office Depot/Petco properties in Brookfield and Greenfield, Wisconsin.
San Antonio, Texas — NorthMarq Capital has secured $6 million in acquisition financing for Fairview Shopping Center, a 28,662-square-foot retail property in San Antonio.