Progressive Inks Seven New Leases at Hesperia Shopping Center
Hesperia, Calif. — Progressive Real Estate Partners has signed seven new leases, totaling 19,600 square feet, at the Walmart-anchored retail center The Marketplace on Main in Hesperia.
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Marcus & Millichap Brokers $2.5 Million Sale of Michigan Retail Property
Washington Township, Mich. — Marcus & Millichap has brokered the $2.5 million sale of a 17,561-square-foot retail property in Washington Township.
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Baceline Investments Arranges $2.5 Million Retail Center Acquisition in Indianapolis
Indianapolis — The retail center’s anchor tenant, Kroger, is not part of the acquisition.
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Phillips Edison Grocery Center REIT II Inc. Acquires Three Grocery-Anchored Shopping Centers
Cincinnati — The REIT owns and manages a retail portfolio consisting of 20 grocery-anchored shopping centers totaling approximately 2.3 million square feet.
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Sprint and Great Clips Sign Leases with Tucker Development
Chicago — Tucker Development was represented in-house on both transactions by director of leasing Andrew White.
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Phillips Edison Acquires Kroger-Anchored Shopping Center in Metro Atlanta for $11.7 Million
Stockbrige, Ga. — The seller was a Delaware-based limited liability company.
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Phillips Edison-ARC Buys Grocery-Anchored Shopping Center for $18.9 Million
St. Louis — Schnucks grocery store occupies 48,904 rentable square feet at the center.
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Mid-America Brokers Sale of The Fresh Market Center in Illinois
Glen Ellyn, Ill. – New York-based American Realty Capital Properties Inc. purchased the 30,877-square-foot center for an undisclosed sales price.
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Marley Park Plaza in Arizona Sells for $12.4 Million
Surprise, Ariz. – The center was 98 percent leased at the time of sale.
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CBC Closes Sale of Mt. San Jacinto Plaza for $6.4 Million
San Jacinto, Calif. – There are an estimated 230,000 people in the center’s trade area.
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