DEALS

Mid-America arranges sales of two centers in Midwest
Mid-America Real Estate Corporation’s Investment Sales team recently brokered the sale of centers in Michigan and Illinois.
Northwestern and Phillips Edison join forces on a REIT
Northwestern Mutual, a large investor in commercial real estate, announced it will acquire an 85% interest in Grocery Retail Partners, a real estate investment trust managed by Phillips Edison & Company.

Southern California shopping center sold for $44.3 million

Lake Elsinore Marketplace, a 144,034-sq.-ft. shopping center in Lake Elsinore, California, was sold to Irvine-based Pacific Castle for $44.3 million.
Regency sells Virginia center for $32 million

Heidenberg Properties announced it has completed the purchase of a 307,000 sq. ft. shopping center in Culpeper, Va., from Regency Centers.
Skincare retailer signs six-store deal with Simon

A skincare brand named one of Fast Company's "Beauty Startups to Watch" has joined the Simon portfolio with the addition of six stores.
The disruption of retail continues as fashion goes to the office

Two fast-growing disruptors — one that rents clothes and the other that rents co-working office spaces — have entered into a partnership.
TREO Group secures financing for Miami project

Miami-based TREO Group has secured a loan for in excess of $30 million from FirstBank of Florida for construction of Regatta Harbour in the Coconut Grove section of Miami.
Inland completes disposition of Mariano’s Fresh Markets

With the sale of a Mariano’s Fresh Market in Arlington Heights, Illinois, for $25.5 million, Inland Private Capital Corporation marked the final disposition of four such Chicagoland locations.
Vestar passes 30MM sq. ft. mark with California purchase

Vestar, a privately held real estate company with a sizeable shopping center portfolio in the West, has just made it larger.
Kroger moves into Florida with shopping center purchase

Kroger is getting in on the action in the Sunshine State, where competitor Publix Super Markets reigns supreme.
Blink Fitness pumps up expansion plans with 17-unit lease agreement

While some retailers are shuttering doors, fitness chains are hardly breaking a sweat as malls and shopping centers are leveraging them as anchors to increase foot traffic.
Toys ‘R’ Us moves to sell 284 properties

Toys “R” Us has hired a firm to help maximize the value of the properties it is selling.

Mid-America arranges sales of two centers in Midwest

Northwestern and Phillips Edison join forces on a REIT

Southern California shopping center sold for $44.3 million

Regency sells Virginia center for $32 million

Skincare retailer signs six-store deal with Simon

The disruption of retail continues as fashion goes to the office

TREO Group secures financing for Miami project

Inland completes disposition of Mariano’s Fresh Markets

Vestar passes 30MM sq. ft. mark with California purchase

Kroger moves into Florida with shopping center purchase

Blink Fitness pumps up expansion plans with 17-unit lease agreement

Toys ‘R’ Us moves to sell 284 properties