Mission Viejo, Calif. — NorthMarq capital has arranged $9.8 million in acquisition financing for Los Alisos Village, a 31,401-square-foot retail center located in Mission Viejo.
Panorama City, Calif. — Primestor Development Inc. has acquired Panorama Mall, a 315,000-square-foot retail center located in Panorama City, from Macerich Co. in an off-market transaction valued at approximately $100 million.
Toledo, Ohio — Toledo-based Eidi Properties has acquired four shopping centers totaling 252,000 square feet in Ohio.
Buellton, Calif. — CBRE has arranged six leases at Crossroads at Buellton Village, a 52,628-square-foot shopping center located in Buellton.
Gainesville, Fla. — Butler North, a 754,000-square-foot addition to Butler Plaza in Gainesville, is 77 percent leased with an additional 17 percent in negotiation.
Schaumburg, Ill. — Baum Realty Group LLC has arranged the sale of a single-tenant net-leased McDonald’s in Schaumburg, a northwestern suburb of Chicago, for $4.2 million.
Virginia Beach, Va. — Armada Hoffler Properties Inc. has agreed to acquire a portfolio of 11 retail centers, totaling approximately 1.1 million square feet, for $170.5 million from an undisclosed seller.
Sarasota, Fla. — Paragon Realty Group has sold Sarasota Main Plaza, a 254,677-square-foot mixed-use retail center for $18.1 million.
Oak Brook, Ill. — Oak Brook-based InvenTrust Properties Corp. has named Lance Billingsley senior vice president of leasing.
Murfreesboro, Tenn. — GBT Realty Corp. plans to develop The Shoppes of Northgate, a $16 million shopping center located along Memorial Boulevard in Murfreesboro.