Dallas — Westfield Corp. has sold five regional malls to a partnership of Dallas-based Centennial Real Estate Company, Montgomery Street Partners and USAA Real Estate for $1.1 billion.
Odessa, Texas — Franklin Street has arranged the sale of a newly constructed 8,353-square-foot Family Dollar located in Odessa.
Georgetown, Texas — Hillwood Communities has begun construction on Wolf Ranch, a $700 million mixed-use development in the Austin suburb of Georgetown.
Texas City, Texas — Weingarten Realty Investors has sold Palmer Plaza, a 98,816-square-foot retail center in the southern Houston suburb of Texas City.
Sugar Land, Texas — Alamo Drafthouse Cinema will open a new location in the Imperial Market development located in Sugar Land known as Alamo Drafthouse Cinema at Imperial Market.
Euless, Texas — The Boulder Group has arranged the $2.7 million sale of a single-tenant Panera Bread ground lease located in Euless.
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.
Carrollton, Texas — NewQuest properties is set to expand the redevelopment of Carrollton Town Center, a 154,863-square-foot shopping center located in Carrollton.
Deer Park, Texas — Phase I of The Junction at Deer Park, a retail center developed by the Houston office of Cencor Realty Services, is now open.
Fort Worth, Texas — StreetLevel Investments and ShowBiz Cinemas will open a 65,000-square-foot entertainment complex in the spring of 2017.