Mid-America Secures Five Retail Leases in Chicago
Chicago — Mid-America Asset Management Inc. has secured five retail leases on behalf of shopping centers in the Chicagoland area.
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HFF Secures $38.3 Million in Refinancing for Paoli Shopping Center in Suburban Philadelphia
Paoli, Pa. — HFF has arranged $38.3 million in financing for Paoli Shopping Center, a grocery-anchored retail center in Paoli.
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Construction Begins on Hamilton Crossings Shopping Center
Lower Macungie Township, Pa. — The Goldenberg Group and TCH Development have begun construction of the Hamilton Crossings Shopping Center in Lower Macungie Township.
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T.J.Maxx Leases at St. Georges Crossing in Woodbridge, New Jersey
Woodbridge, N.J. – The store will be developed on a recently acquired parcel that sits adjacent to the original St. Georges Crossing site.
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RAIT Financial Trust Buys Two Michigan Retail Centers for $51 Million
Troy, Mich. – The properties are adjacent to Oakland Mall, a 1.5 million square-foot regional mall.
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New Development Underway at Phillips Edison’s Parkside Shopping Center
Frankfort, Ky. – Pier 1 Imports and other national retailers will open this fall.
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KeyBank Real Estate Arranges $33 Million Loan for Tennessee Power Center
Bristol, Tenn. – The 235-acre Pinnacle will be anchored by a Bass Pro Shops.
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Moreno Valley Area Retail Centers Sell for $34.8 Million
Irvine, Calif. – The Lakeside Terrace and Canyon Springs shopping centers sold for the lowest cap rates ever reported for stabilized retail centers over 25,000 square feet in the area.
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Colliers Arranges Sale of The Plaza at Crystal Run
Middletown, N.Y. – New York-based private investment group NorthEnd Equities purchased the property.
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HFF Closes $270 Million Sale of 24-Property Retail Portfolio in Northeast
Boston, New Jersey and Connecticut – The portfolio was 96 occupied at the time of sale and anchored by national and regional tenants, including Walmart, Kohl’s, Lowe’s Home Improvement Warehouse, Whole Foods, Trader Joe’s, Petco, Pier 1 Imports, Walgreens and CVS/pharmacy.
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