Baceline Investments Plans Multi-Million Dollar Renovation for Clocktower Square in Iowa
West Des Moines, Iowa — Baceline purchased the 142,600-square-foot neighborhood shopping center in 2013.
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JLL Arranges Sales of Two Louisiana Shopping Centers
Baton Rouge, La. and Cut Off, La. — Managing Directors Kris Cooper and Margaret Caldwell led the JLL retail investment sales team on these transactions.
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CBRE Completes $2.75 Million Sale of the Kohl’s Shops at Glassford Hill Marketplace in Arizona
Prescott Valley, Ariz. — The Shops at Glassford Hill Marketplace consists of five tenants on triple net-leases in a 100 percent occupied building.
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ARC Buys Clifty Crossing Shopping Center from RPAI
Columbus, Ind. – Janice Sellis and Paul Barile, Transwestern capital market directors, represented RPAI in the transaction.
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Halpern Buys Franklin Centre in Tennessee for $4 Million
Lenoir City, Tenn. – Franklin Centre is 95 percent occupied, with tenants such as Dollar Tree, Sally Beauty Supply and Shoe Show.
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Westwood Signs Publix as Anchor Tenant in South Carolina
Rock Hill, S.C. – The 78,890-square-foot Cherry Road Crossing is 90 percent leased.
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Marcus & Millichap Arranges $13.8 Million Sale of Plaza Del Mar in Fort Lauderdale
Fort Lauderdale, Fla. – The center was 94 percent occupied at the time of sale.
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Lee & Associates Brokers Sale of Orange County Shopping Center for $12.3 Million
Santa Ana, Calif. – Cabrillo Park Shopping Center is 95 percent occupied and anchored by Superior Grocers.
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Devonshire REIT Buys Cleveland Grocery-Anchored Center
Beachwood, Ohio – Pavilion Shopping Center is 97 percent occupied with the one remaining vacant space under negotiation.
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RCG Ventures Buys Lake Park Plaza in Indiana
Michigan City, Ind. – Transwestern brokered the sale by Inland Real Estate Corporation.
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