Deals

Burlington, Mass. -- KeyPoint Partners has completed the sale of West Plymouth Square in Plymouth, Mass., at a sale price of $7 million.  

Fraser, Mich. -- Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of Fraser Shopping Center in Fraser, Mich. The 68,326-sq.-ft. center was purchased by a private investor represented by Sterling Heights, Michigan-based Showcase One Real Estate Group.  

Scottsdale, Ariz. -- GE Capital’s Franchise Finance business announced its first financing for the Corner Bakery Café brand. It  comes in the form of a $5.6 million loan to Texas-based MX Restaurants and Bakeries, which already operates seven Corner Bakery restaurants in the Houston and South Texas markets. MX will use these funds to pay off short-term debt related to a recent acquisition and to develop four additional units.  

Dallas -- Cypress Equities companies announced that its affiliated Cypress Acquisition Partners Retail Fund has closed on the acquisition of The Corner Shopping Center in Dallas. The project is a community shopping center, located on the northeast corner of Walnut Hill and the US-75 Central Expressway.   

Sparks, Nev. -- BH Properties, a Los Angeles-based firm that specializes in acquiring and repositioning challenged or distressed real estate properties, has purchased Los Altos Crossing, a retail center located at Sparks Boulevard and Los Altos Parkway in Sparks, Nev., for $6 million.  

St. Louis --Marcus & Millichap announced that Brett Chetek has rejoined the firm as senior director of the National Retail Group in the firm’s St. Louis office.

New York -- Winick Realty Group has secured two retail leases at the base of the 177-unit PowerHouse Condominium, located at 50-09 Second Street in Long Island City, N.Y.   The 6,422-square-foot space, which landlord V Partners refurbished following Hurricane Sandy-related flooding, was divided to accommodate incoming tenant Tiger J Taekwondo and an expansion by existing building tenant Brighter Babies.  

New York -- Investor website Seeking Alpha reported on Thursday that Sears Holdings Corp. is closing more than 100 stores and laying off at least 5,457 employees. The report, which Sears said was inaccurate, said the shutterings include 30 Sears stores, 31 Sears Auto Centers and 46 Kmart stores.