Nationwide: Inland Real Estate Income Trust purchased eight retail centers — in Atlanta; Dallas; Detroit; Los Angeles; Minneapolis; Orange County, California; Philadelphia; and Washington, D.C. — for $278.2 million. The portfolio is 88.5% leased, and supermarkets including Giant, Ralphs, Sprouts Farmers Market, Target, Trader Joe’s and Whole Foods occupy 36% of the gross leasable area. “This trade is a terrific example of another high-quality, grocery-anchored portfolio of scale trading in dense markets,” said Chris Angelone, senior managing director and co-head of U.S. retail capital markets for JLL, which represented the seller. “This portfolio provides geographic diversity, income diversity and tenancy diversity, and although there is a little choppiness in the markets, we are seeing no slowdown in demand for well-located opportunities across the country.”

Alameda, California: DJM and financial partner PGIM purchased Bridgeside Shopping Center. The 105,000-square-foot, supermarket-anchored property was built in 2006 and is 100% occupied.

Mammoth Lakes, California: The 42,809-square-foot, 98%-leased Mammoth Main Street Promenade traded for $8.85 million. Marcus & Millichap represented the seller, a private investor. Built in 1988, the center hosts such tenants as Mammoth Laundry and Sun & Ski Sports.

Pasadena, California: Los Angeles-based Blatteis & Schnur paid $1,838 per square foot, or $52.25 million, for Tiffany and Shops. The 28,421-square-foot high street complex is tenanted by Tiffany & Co., Crate & Barrel and sneaker brand House of Hoops. It sits on the city’s top retail thoroughfare, Colorado Boulevard, in the Old Town shopping district, known for the annual Tournament of Roses parade right. “It’s rare for such an iconic location with world class tenancy to become available,” said Jimmy Slusher, vice president of CBRE’s National Retail Partners-West, which represented the seller, a partnership managed by Rockwood Capital. “Opportunities to own free-standing properties leased to an established, high-performing LVMH credit tenant are scarce, particularly at a wide cap rate spread to the U.S. 10-Year Treasury.”

Deerfield Beach, Florida: RPT, represented by JLL, sold the 145,502-square-foot Rivertowne Square for $18.75 million. Winn-Dixie and Bealls Outlet anchor the 91%-leased property. The deal included two outparcels leased to Buffalo Wild Wings and Tijuana Taxi Co. JBL Asset Management acquired the center, which had no debt.

Mount Dora, Florida: The 76,172-square-foot Tri-Cities Shopping Plaza traded for $12.5 million. JLL marketed the property on behalf SunCap Opportunity Fund. Ross Realty Investments acquired the asset. The marketplace is 96.2% leased to such tenants as Dollar Tree, Ross Dress for Less and T.J.Maxx.

Atlanta: Continental Realty Corp. acquired 330,000-square-foot lifestyle center Shoppes at Webb Gin for $97 million from Olshan Properties. The Sprouts Farmers Market-anchored asset is 89% leased to such additional tenants as Barnes & Noble, DSW and H&M.

Wilmette, Illinois: WS Development bought the 100,000-square-foot, Jewel-Osco anchored Plaza del Lago, which was built in the 1920s. Additional tenants include CVS, Starbucks, NorthShore University HealthSystem and local restaurants and retailers. RPAI was the seller.

Florence, Kentucky and Glen Burnie, Maryland: A joint venture between Mason Asset Management and Namdar acquired Kentucky’s Florence Mall and Maryland’s Marley Station. Mason Asset Management will oversee leasing, while Namdar will operate the properties.

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Chestertown, Maryland: Agora Commercial bought the 112,265-square-foot, grocery-anchored Washington Square Shopping Center. The seller, Silicato Development, previously had redeveloped the property from an Ames department store. “Initially set to close in late January 2022, the purchaser at that time terminated the sale due to a fire,” said Dean Zang, executive director for Marcus & Millichap Institutional Property Advisors, which represented Silicato. “When the property came back on the market in March, our new buyer was quick to seize the opportunity, winning the contract over four other bidders.”