Deals

Los Angeles — CIG Retail Properties has acquired the 170,739-sq.-ft. Garden Park Shopping Center in the Dallas, Texas, suburb of Lewisville, for an undisclosed amount. CBRE’s private capital group in Dallas negotiated the sale on behalf of the seller, a special servicer.

World Gym and Thrift City anchor the center. The tenant line-up includes Precision Sports Nutrition, Edward Jones, The UPS Store and Lewisville Soccer.

Northbrook, Ill. — Pine Tree Commercial Realty has acquired two shopping centers, one in Nevada and the other in Missouri. The developer has also broken ground on four properties, two in Illinois, one in Idaho, and one in California.

The activity brings Pine Tree’s current portfolio to 3.2 million sq. ft. in 24 properties.

Houston -- Susser Holdings Corporation and Susser Petroleum Partners LP have closed their previously announced acquisition of the convenience store assets and fuel distribution contracts of Sac-n-Pac Stores, Inc. and 3W Warren Fuels, Ltd.

Los Angeles — CBRE’s national retail investment group has arranged the sale of Oak Grove Plaza, a 120,491-sq.-ft. retail center anchored by Kroger Signature, to Chicago-based LaSalle Investment Management.

CBRE marketed the property, which is located in the Dallas suburb of Sachse, Texas, on behalf of Invesco Advisers.

Miami -- Publix Super Markets will open a 49,000-sq.-ft. supermarket and pharmacy to anchor Terra Group’s latest retail center development, Doral Commons in Doral, Fla. The 140,000-sq.-ft. center is located in one of the fastest growing residential areas of Miami Dade County.

Courtelis Company represented Terra Group in the lease negotiation with Publix and will continue to represent the company in the leasing of the remaining available space in Doral Commons.

Hackensack, N.J. — Alfred Sanzari Enterprises has appointed The Greco Realty Group exclusive leasing agent for Summit Plaza in Hackensack, N.J.

A recently expanded 62,000-sq.-ft. Super Stop & Shop anchors the 100,000-sq.-ft. Summit Plaza. Service and retail tenants include Harmon Cosmetics, GNC, Payless ShoeSource, RadioShack, Dress Barn, the UPS Store, GameStop and Blimpie plus the typical neighborhood services such as a nail salon, dry cleaner and a pizzeria.

Irvine, Calif. — Hanley Investment Group Real Estate Advisors closed out 2013 with 10 retail property sales totaling nearly $61 million in December. For the year, Hanley logged sales of more than $315 million. Among the December sales were:

Toronto -- Hudson's Bay Company will sell its flagship in downtown Toronto and neighboring office tower for C$650 million ($587.09 million) to an affiliate of commercial real estate developer Cadillac Fairview Corp., and open a full-line, 150,000-sq.-ft. Saks store in the leased-back space.