NewMark Merrill Acquires 258,981-Square-Foot Retail Center Near Sacramento
Fair Oaks, Calif. — NewMark Merrill Cos. has acquired Madison Marketplace, a 258,981-square-foot retail center in Fair Oaks, located 18 miles east of Sacramento.
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Cohen Financial Arranges $13 Million Acquisition Loan for Retail Center in Metro Nashville
Murfreesboro, Tenn. — Cohen Financial, a division of SunTrust Bank, has arranged a $13 million loan for the acquisition of Towne Center, a 108,000-square-foot retail center in Murfreesboro, 35 miles southeast of Nashville.
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Warner Pacific Properties Repositions Shopping Center in Metro Los Angeles
Monrovia, Calif. — Warner Pacific Properties is repositioning Monrovia Landing, a retail center within Shamrock Center in Monrovia, located 20 miles outside Los Angeles.
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Hanley Investment Group Arranges $8.9M Sale of Retail Building in Southern California
La Quinta, Calif. — Hanley Investment Group Real Estate Advisors has arranged the sale of a two-tenant retail building occupied by TJ Maxx and ULTA Beauty in La Quinta. The 33,708-square–foot building is within Washington Park Shopping Center, which houses
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TJ Maxx to Open at Whitestone Station in Metro Milwaukee
Menomonee Falls, Wis. — TJ Maxx is set to open a 23,496-square-foot location at Whitestone Station, a 67-acre mixed-use development located roughly 19 miles outside Milwaukee in Menomonee Falls.
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NorthMarq’s Miami Office Arranges Refinancing for Shingle Creek Crossing Phase III in Minnesota
Brooklyn, Minn. — Robert Bhat, vice president of NorthMarq Capital’s Miami-based regional office, has secured a $13 million commitment for the refinancing of Shingle Creek Crossing Phase III, located in Brooklyn, Minnesota.
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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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Simone Development Marks Grand Opening of Throggs Neck Shopping Center
The Bronx, N.Y. — The shopping center also includes free parking for more than 600 cars directly in front of the stores.
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Inland, PGGM Buy Metro Cincinnati Shopping Center for $23.6 Million
Newport, Ky. – The 337,300-square-foot power center Newport Pavilion is currently 96 percent leased.
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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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