$45.3 million
CityView Commercial acquired the 1 million-square-foot, Macy's-anchored Southlake Mall, in Morrow, Ga., near Atlanta, from Vintage Real Estate. Chime Solutions, F21 Red and H&M are among the tenants. The mall recently added on about 92,000 square feet of mixed-use space. JLL represented the seller.
Southlake Mall, Morrow, Ga.
$24.6 million
New York Life Real Estate Investors acquired The Shoppes at Sarasota (Fla.) Row, a 59,300-square-foot center anchored by Whole Foods and Starbucks, from Consolidated-Tomoka Land Co. JLL represented the seller.
$24.5 million
A Los Angeles–based investor acquired a 14,600-square-foot mixed-use building in downtown Santa Monica, Calif. Marcus & Millichap stood in for the seller.
$22.5 million
Federal Realty Investment Trust acquired Fairfax Junction, a nearly 81,000-square-foot retail center in Fairfax, Va., anchored by an Advance Auto Parts store, an Aldi supermarket and a Planet Fitness, from an affiliate of First Allied Corp. H&R Retail marketed the property.
$14.9 million
An unidentified buyer made the winning bid in the auction of the 531,000-square-foot Bangor (Maine) Mall. Dick’s Sporting Goods, Furniture Mattresses & More and JCPenney are the anchors. The mall reported some $3.7 million in net operating income, according to Mainebiz. Newmark Knight Frank helped Ten-X market the property.
$7.7 million
AC Investment Co. acquired the 46,900-square-foot Northwest Plaza, an LA Fitness–anchored retail center in Tampa, Fla. HFF represented the seller, a subsidiary of Cole Corporate Income Trust IV.
Northwest Plaza, Tampa, Fla.
$4.6 million
A Nevada-based private investor acquired a freestanding ARCO gas station and AmPm convenience store in Hesperia, Calif., from an Orange County, Calif.–based private investor. Progressive Real Estate Partners represented both parties to the deal.
This gas station and convenience store in Hesperia, Calif., fetched $4.6 million
$3.5 million
A private investor acquired the 106,200-square-foot Cranberry Plaza, a 12-tenant center in Pennsville, N.J. Marcus & Millichap represented the seller, a private investor.
$3.3 million
A private investor from California acquired a 6,300-square-foot building in Downers Grove, Ill., fully leased to Five Guys, Sport Clips and a physical-therapy clinic. The Boulder Group represented the seller, a local investor.
By Edmund Mander
Director, Editor-In-Chief/SCT
