Development/Redevelopment

Washington, D.C. -- Columbia, S.C.-based Edens & Avant said Tuesday that its mixed-use development Mosaic, located in Washington, D.C., has achieved Silver Certification as a LEED (Leadership in Energy and Environmental Design) for Neighborhood Development Plan.

Palm Springs, Calif. -- La Jolla, Calif.-based Ramsey Real Estate Group announced that it has acquired a 10,550-sq.-ft. building that is a portion of Palm Springs Marketplace in Palm Springs, Calif.

The acquisition was made by Ramsey Real Estate Group’s The Shops at Palm Springs Marketplace, LP. The firm paid $1.15 million for the property.

Palm Springs Marketplace is a Stater Bros.-anchored community shopping center with a tenant mix of Arco, McDonald’s, Taco Bell, AutoZone, Dollar Tree, Dairy Queen and Kaiser Permanente.

Pleasant Hill, Calif. -- X Team International said Tuesday that Walnut Creek, Calif.-based partner John Cumbelich & Associates arranged the sale of Downtown Pleasant Hill, a 345,687-sq.-ft. community shopping center in Pleasant Hill, Calif.

Downtown Pleasant Hill is anchored by Century Theatres, Lucky Supermarket, Bed Bath & Beyond, Ross Dress For Less, Michaels and Borders.

The buyer was Walnut Creek-based Loja Group, and the seller was a joint venture between Prudential and Developers Diversified Realty.

New York City -- Developers Diversified Corp. announced the introduction of six new locations for teen fave Five Below in 2010. The stores were opened in Ohio; New Jersey; North Carolina; and New York.

Five Below currently operates over 100 discount stores across the country and intends to double its store count by the end of 2011 through a massive expansion spree.

Philadelphia -- Centro Properties Group announced Tuesday that Wine & Spirits has opened a 6,800-sq.-ft. store at Ivyridge, in Philadelphia.

Centro Properties Group, based in New York City, is the owner of Ivyridge.