Lakewood, Colo. — Pinnacle Real Estate Advisors has arranged the $3 million sale of Woodlake Center, a 37,741-square-foot five building retail and office complex located in Lakewood.
Bedford, Texas — Marcus & Millichap has arranged the sale of Shops at Cheek Sparger, a 27,413-square-foot multi-tenant retail property located in Bedford.
Consistent demand, low supply and supportive economic trends continued to improve fundamentals in the U.S. retail market through the third quarter, according to the Q3 U.S. Retail MarketView report by CBRE.
Pittsburgh — Pittsburgh-based HFF has arranged $308.4 million in financing for three shopping malls totaling 2.3 million square feet in Connecticut, Illinois and Washington.
Cincinnati — Cincinnati-based Phillips Edison Grocery Center REIT II has acquired four grocery-anchored centers in Ohio, Georgia and Illinois.
Durham, N.C. — CBL & Associates Properties Inc., and its 50/50 joint venture partner, has agreed to sell Renaissance Center, a 363,000-square-foot community shopping center located in Durham, for $129.2 million.
Las Vegas — Sterling Organization has acquired Smith’s Shopping Center, a 108,731-square-foot grocery-anchored retail plaza located in Las Vegas, for $20 million.
Kennebunk, Maine — Marcus & Millichap has arranged the $10 million sale of a 13,225-square-foot CVS/pharmacy in Kennebunk, Maine.
New York City — New York City-based Modell’s Sporting Goods has acquired three City Sports locations ranging from 7,500-9,000 square feet in Philadelphia, Boston and Washington, D.C.
Pleasanton, Calif. — HFF has arranged equity and debt capital in excess of $50 million for Pacific Pearl Shopping Center, a shopping center under development in Pleasanton.