Laguna Hills, California: The 54,566-square-foot La Paz Village traded for $23.5 million. La Paz Village opened in 1974 and was refurbished in 2012. Marcus & Millichap Institutional Property Advisors represented the seller, a consortium of private investors. Cape Point Development was the buyer. The center’s tenant roster includes independent and regional operators.

Ansonia, Connecticut: Ansonia Landing traded for $14 million, or $153 per square foot. The property consists of a freestanding, 60,000-square-foot Stop & Shop with a 31,460-square-foot multitenant strip center occupied by tenants that have been there for nearly 60 years, said Jim Koury, senior managing director of investments for Marcus & Millichap Institutional Property Advisors, which represented the seller, an LLC. The buyer was RGMZ Acquisitions LLC. Built in 1979, Ansonia Landing is 91.5% occupied.

Bonita Springs, Florida: InvenTrust Properties purchased the 62,958-square-foot Bay Landing for $10.4 million. TSCG represented the seller, Barron Collier Cos. The Fresh Market and HomeGoods anchor the 1998 property. It’s 100% leased, and the owner could add 10,000 square feet.

Fayetteville, Georgia: Continental Realty Corp. purchased its third retail asset in Georgia with the $24.35 million acquisition of Banks Crossing, a 255,101-square-foot regional shopping center that sits on 23 acres. The property, developed in 1987 and renovated in 2013, is anchored by Kroger and JCPenney and is 91% occupied.

Macon, Georgia: The 32,676-square-foot 888 Pierce Ave. traded for $2.9 million. The property is fully occupied by Buddy’s Home Furnishings, Dollar General and Mattress Barn. Spencer/Hines Properties represented the buyer, a private investor based in South Carolina. Palomar Real Estate Group represented the seller, a Georgia-based developer.

Chicago: Silvestri Investments acquired the four-level Neiman Marcus building on Michigan Avenue. JLL represented the seller of the 195,500-square-foot building, UBS Realty Investors. It’s the first deal in Chicago for Silvestri, which owns 4.5 million square feet of retail in and around Houston and Orlando.

Lee’s Summit, Missouri: The Rainier Cos. acquired SummitWoods Crossing, a 545,204-square-foot power center outside Kansas City from Red. Tenants at the 2001 property include Best Buy, Kohl’s, Lowe’s, Target and Ulta Beauty. Marcus & Millichap Institutional Property Advisors arranged five-year, interest-only financing for the deal.

Garden City, New York: Whole Foods at Westbury — a 55,109-square-foot, Whole Foods Market-anchored shopping center — traded for $65.25 million to a private family investment firm. JLL Capital Markets represented the seller, Midwood. Whole Foods opened in 2020 under a 20-year lease and since has welcomed 1.2 million visitors, making it the most visited Whole Foods on Long Island.

Yonkers, New York: Nuveen Real Estate, Taconic Partners and North American Properties acquired Ridge Hill, a 1.2 million-square-foot office and retail development north of New York City for $220 million. The 2011 property is 71.7% leased to such tenants as Dick’s Sporting Goods, L.L.Bean, Legoland Discovery Center, Lowe’s, Whole Foods and Showcase Cinemas. JLL represented the seller, QIC US Management Inc., and arranged $181.3 million in acquisition financing on behalf of the buyer. The sale does not include the adjoining Monarch at Ridge Hill condos. Forest City developed Ridge Hill shopping center for $600 million.

Warrington, Pennsylvania: Lamar Cos. acquired The Shops at Valley Square in Bucks County. The 293,550-square-foot mixed-use lifestyle center was built in 2007 as part of a 120-acre-plus master-planned development that contains a Wegmans, a 167,500-square-foot power center and Meridian of Valley Square, which consists of 200 townhouses for those 55 years and older. The Shoppes at Valley Square is 70% occupied by such tenants as Bath & Body Works, DSW, Sleep Number and Ulta Beauty. Marcus & Millichap Institutional Property Advisors represented the seller.

Submit transactions to bboswell@icsc.com.