Renaissance Victorville LLC appointed Faris Lee Investment as the exclusive marketing agent for Renaissance Center, a 132,363-sq.-ft. shopping center in Victorville, Calif. Donald MacLellan and Dennis Vaccaro will handle this assignment on behalf of Faris Lee.
Regency Centers and Macquarie CountryWide of Australia sold a seven-property portfolio in the Mid-Atlantic to a joint venture of Spectrum Partners and Angelo Gordon for $108 million. Bill Kent and Gary Lawrence, of CB Richard Ellis, represented the sellers in the transaction.
GE Real Estate provided a $55 million loan for the Village Walk at EastLake, a 156,552-sq.-ft. community shopping center in Chula Vista, Calif. The loan featured a three-year term.
A major U.S. commercial bank selected DebtX to dispose of more than $52 million in commercial and multifamily real estate loans. The portfolio is secured by properties in the tri-state New York area.
Cohen Financial secured a $41 million loan for Tower Shops, a 379,429-sq.-ft. power center in Davie, Fla. The loan featured a seven-year term and a 30-year amortization schedule. Howard Taft and Charles Penan negotiated this transaction.
Marcus & Millichap Real Estate Investment Services negotiated the sale of an eight-property Walgreens portfolio for $34.78 million. The portfolio includes properties in Hempstead, N.Y.; Sanford, Fla.; Colorado Springs, Colo.; Ocala, Fla.; Denver; Lynn Haven, Fla. and Niagara Falls, N.Y. Marc E. Strauss and Brian Rosen, of Marcus & Millichap, represented the seller in the transaction.
Newmark Knight Frank launched a retail brokerage division in its Boston office. Joe Pierik will serve as head of the new operation. Pierik has 25 years of experience in retail real estate. Prior to joining Newmark Knight Frank, he worked at Wasserman Real Estate Capital.
Retail West, a San Francisco-based boutique retail real estate firm, launched a Sacramento office. John DuBois, Jon Gianulias and Mark Denholm will lead the Sacramento team as principals.
Sperry Van Ness expanded its presence in northern New Jersey/Northern New York by aligning with locally based commercial real estate brokers Jeff Gorodensky and Pat Forde. The new office will operate under the name Sperry Van Ness/FG Commercial Real Estate Services.
Marcus & Millichap Real Estate Investment Services negotiated the sale of the Marketplace at Waxahachie, a 100,044-sq.-ft. shopping center in Waxahachie, Texas. Samuel Herskovits and Gavin Kam, of Marcus & Millichap, represented the seller in the transaction.
Hanley Investment Group Real Estate Advisors negotiated the sale of Rufe Snow Village, a 99,331-sq.-ft. shopping center in North Richland Hills, Texas. Eric L. Werner and Kevin T. Fryman, of Hanley Investment Group, represented both parties in the transaction.
Marcus & Millichap Real Estate Investment Services has been appointed as the exclusive listing agent for Bally Park, an 88,465-sq.-ft. shopping center in Houston. Don Stringham and Todd Carlson will handle this assignment on behalf of Marcus & Millichap.
Holliday Fenoglio Fowler secured a $10 million first mortgage for Shaw's Plaza, an 89,888-sq.-ft. shopping center in Tilton, N.H. The loan featured a 10-year term. Al Epstein and Christine Riniti negotiated this transaction.
KeyPoint Partners, LLC has been appointed as the exclusive leasing agent for 123 East Main St. in Webster, Mass. The property contains 4,000 sq. ft. of available retail space.
Meridian Capital Group arranged a $9.5 million loan for a 154,000-sq.-ft. property in Marlton, N.J.
Hanley Investment Group Real Estate Advisors negotiated the sale of Glendale Square, a 36,196-sq.-ft. grocery-anchored shopping center in Glendale, Calif., from Glendale Square LLC to Glendale Square Holdings LLC for $19.5 million. Edward B. Hanley and Eric P. Wohl, of Hanley Investment Group, as well as Michael Hefner, of Voit Commercial Brokerage, represented the seller in the transaction. Alan Krueger and Richard G. Longobardo, of Marcus & Millichap, represented the buyer.
Marcus & Millichap Real Estate Investment Services has been appointed as the exclusive listing agent for the Shoppes at Ocoee, a 33,558-sq.-ft. retail property in Ocoee, Fla. Nicholas Ledvora and Adam Gardner will handle this assignment on behalf of Marcus & Millichap.
Holliday Fenoglio Fowler secured a $10 million first mortgage for Shaw's Plaza, an 89,888-sq.-ft. shopping center in Tilton, N.H. The loan featured a 10-year term. Al Epstein and Christine Riniti negotiated this transaction.
KeyPoint Partners, LLC has been appointed as the exclusive leasing agent for 123 East Main St. in Webster, Mass. The property contains 4,000 sq. ft. of available retail space.
Meridian Capital Group arranged a $9.5 million loan for a 154,000-sq.-ft. property in Marlton, N.J.
Hanley Investment Group Real Estate Advisors negotiated the sale of Glendale Square, a 36,196-sq.-ft. grocery-anchored shopping center in Glendale, Calif., from Glendale Square LLC to Glendale Square Holdings LLC for $19.5 million. Edward B. Hanley and Eric P. Wohl, of Hanley Investment Group, as well as Michael Hefner, of Voit Commercial Brokerage, represented the seller in the transaction. Alan Krueger and Richard G. Longobardo, of Marcus & Millichap, represented the buyer.
Marcus & Millichap Real Estate Investment Services has been appointed as the exclusive listing agent for the Shoppes at Ocoee, a 33,558-sq.-ft. retail property in Ocoee, Fla. Nicholas Ledvora and Adam Gardner will handle this assignment on behalf of Marcus & Millichap.