Published by:

s paying how much for what

Publish Date: March 17, 2017
• Brixmor Property Group paid Hart Realty Advisers and AmCap $102 million for Arborland, a 404,000-square-foot open-air center in Ann Arbor, Mich.
• MMG Equity Partners paid Orion Real Estate Group nearly $38.6 million for Kendall Corners, a 97,200-square-foot community center in Miami with an Ashley Furniture HomeStore anchor.
• Federal Realty Investment Trust paid Riviera Center Management Co. $30 million for the 274,000-square-foot Hastings Ranch Shopping Center, in Pasadena, Calif., anchored by CVS, Marshalls and Sears.
• Store Capital acquired a portfolio of 14 net-leased Wing House stores in central Florida, totaling 89,300 square feet, from an undisclosed seller for approximately $28 million.
• Los Angeles–based Decron Properties sold Flamingo Maryland Shopping Center, a Target-anchored retail center near the Las Vegas Strip, to an undisclosed buyer for $17.5 million.
• Village Greens SC, LLC, bought the 44,600-square-foot Village Greens of Annapolis (Md.) from Basin Investments for $15.6 million. Tenants there include Capital One, Celebree Learning Center and CVS.
• Spirit Realty Capital bought a 101,800-square-foot Home Depot–anchored property in Memphis, Tenn., from Allied Development for $15 million.
• Mountain Park Investors paid Park West Development $2.2 million for a 2,000-square-foot property in Cave Creek, Ariz., that is currently under a 10-year lease to Starbucks.
• Baceline Investments purchased two properties in the Milwaukee area, paying $1.9 million for Glendale (Wis.) Square, which measures 17,880 square feet; and paying $900,000 for Point Plaza, a 13,800-square-foot shopping center in northwest Milwaukee itself. R&D Point Plaza sold Point Plaza, and Buckmann, LLC, sold Glendale Square.
• Monopoly Acquisitions sold three neighborhood shopping centers near Kansas City, totaling some 220,000 square feet, to 1340 East 9th Street Realty Corp., of Brooklyn, N.Y., for $4.9 million.
• Hialeah, Fla.–based Pyensa paid JAB Shopping Center II, of Pompano Beach, Fla., nearly $3.2 million for Greater Marketplace II, a 39,700-square-foot center in Casselberry, Fla. The tenants include Planet Fitness, Sego’s Home Medical, and Seminole County Health Department.

s paying how much for what
QR Code
Embed the QR code on your website: