Los Angeles — Chanel S.A., a Paris-based fragrance and fashion house, has purchased its 11,500-square-foot store at 400 N. Rodeo Drive in Beverly Hills for $152 million.
Denver, N.C. — Baum Realty Group has arranged the $7.6 million sale of a single-tenant net-leased Walgreens located in Denver, North Carolina.
Stuart, Fla. — Konover South LLC plans to develop Stuart Landings, a 30,587-square-foot shopping center located at 3801 S.E. Federal Highway in Stuart.
Fort Walton Beach, Fla. — Marcus & Millichap has brokered the $9.5 million sale of Choctaw Plaza, a 97,171-square-foot shopping center located at 111 Racetrack Road N.W. in Fort Walton Beach.
Euless, Texas — The Boulder Group has arranged the $2.7 million sale of a single-tenant Panera Bread ground lease located in Euless.
Los Angeles — Starting in March, the historic Century Plaza Hotel in Los Angeles will temporarily close to make way for a $2.5 billion redevelopment of the hotel and surrounding area.
Colorado Springs, Colo. — Marcus & Millichap has arranged the $35 million sale of Woodmen Commons, a 156,010-square-foot regional power center in Colorado Springs.
Forest Hill, Md. — HFF has arranged the sale of Bel Air North Village, a 56,644-square-foot CVS/pharmacy and community bank-anchored retail center located in the Baltimore suburb of Forest Hill.
Oak Brook, Ill. — Oak Brook-based InvenTrust Properties Corp. has acquired two open-air shopping centers located in Florida and Texas for a combined $69.8 million.
Phoenix — CBRE has arranged the $24.75 million sale of Village Center, a 171,129-square-foot shopping center located in Phoenix.