Fullerton, Calif., and Vancouver, Wash. — Retail Opportunity Investment Corp. (ROIC) has acquired two shopping centers on the West Coast for a total of $96.5 million.
Everett, Wash. — Brixton Capital has purchased Everett Mall, a 490,949-square-foot shopping center located in Everett, 28 miles north of Seattle.
Vancouver, Wash. — Gramor Development Inc., a privately held firm based in Oregon, has secured a round of construction financing for Phase I of its $1.5 billion mixed-use project along the Columbia River in Vancouver.
Covington, Wash. — A joint venture between Oakpointe Communities and Presidio Residential Capital has received unanimous approval from the City of Covington to develop LakePointe Urban Village, a $670 million mixed-use community in Covington, approximately 30 miles south of Seattle.
Seattle — Madison Marquette is set to begin the redevelopment of Pacific Place, a 339,000-square-foot retail center located in downtown Seattle.
Springfield, Va. and Washington, D.C. — Saks Fifth Avenue OFF 5TH has two locations opening in the metro Washington, D.C., area within a week of each other.
Washington, Pa. — Gaming and Leisure Properties Inc. has completed the previously announced acquisition of The Meadows Racetrack and Casino in Washington, a suburb of Pittsburgh.
Washington, Pa. — PREIT has sold Washington Crown Center, a 673,000-square-foot regional mall located in Washington, Pennsylvania, for $20 million.
Renton and Milton, Wash. — CE Enterprise Partners LLC has acquired two single-tenant Albertsons grocery stores totaling 97,021 square feet in the Seattle suburbs of Renton and Milton for $16.3 million.
Lynden, Wash. — Capital Pacific has arranged the $19.3 million sale of The Marketplace at Lynden, a 70,442-square-foot shopping center located in Lynden.