Pittsburgh — Power of 32 Development Fund LP has provided a $9.5 million loan to help fund site preparation, including construction, for Almono, a 178-acre waterfront mixed-use project at a brownfield site in Pittsburgh.
Elizabethtown, Pa. — HFF has arranged the sale of Market Street Square, a grocery-anchored retail center located at 1605-1641 S. Market St. in Elizabethtown.
Pittsburgh — HFF has secured a $39.5 million refinancing for Village Square, a 392,497-square-foot power center located in the Bethel Park area of Pittsburgh.
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.
Harrisburg, Pa. — Unison Realty Partners has acquired 100 percent ownership interest in the 132,000-square-foot, non-anchor portion of High Pointe Commons, a 355,000-square-foot regional shopping center located in Harrisburg, for $33.8 million.
Philadelphia — Benbrooke has sold Franklin Marketplace, a 223,434-square-foot retail power center located in northeastern Philadelphia, for $25.8 million.
King of Prussia, Pa. — Simon has completed a 155,000-square-foot expansion at King of Prussia Mall, a shopping center located about 25 miles northwest of Philadelphia in King of Prussia.
Washington, Pa. — PREIT has sold Washington Crown Center, a 673,000-square-foot regional mall located in Washington, Pennsylvania, for $20 million.
State College, Pa. — CA Student Living, the student housing division of CA Ventures, and Liberty Mutual have commenced construction on RISE at State College, a grocery-anchored mixed-use development located near the Penn State University campus in State College.
Warrington, Pa. — Poag Shopping Centers, in partnership with real estate funds managed by Ares Management, has acquired The Shops at Valley Square, a 292,888-square-foot mixed-use property located in the Philadelphia suburb of Warrington.