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Deal barometer: Who’s paying how much for what?

October 26, 2017

$96.5 million
Retail Opportunity Investment Corp. bought two grocery-anchored shopping centers: the 221,640-square-foot Fullerton (Calif.) Crossroads and the 108,320-square-foot Riverstone Marketplace, in Vancouver, Wash.

$73.3 million 
Gazit Horizons acquired a 92,000-square-foot, three-level retail condominium in New York City, occupied by Bed Bath & Beyond and Starbucks, from The Brodsky Organization

$29.8 million
United Properties bought Mount Sinai (N.Y.) Shopping Center, anchored by a King Kullen supermarket, with 101,000 square feet of retail and 23,000 square feet of offices, from an undisclosed seller

$22.7 million
Vastgood Properties bought Rising Sun (Md.) Town Center, a 146,850-square-foot, grocery-anchored center, from Brixmor Property Group

$18.6 million 
Publix bought the 87,125-square-foot Sea Shell Collections, a Publix-anchored center in Gulf Breeze, Fla., from an undisclosed seller

$15 million 
Washington Prime Group sold Colonial Park Mall, in Harrisburg, Pa., to an unaffiliated private real estate investor. Boscov’s and Bon-Ton anchor the center

$14.3 million 
New Market Properties bought West Town Market, a 67,880-square-foot, Harris Teeter–anchored shopping center in Fort Mill, S.C., from Retail Properties of America

$10.1 million
The Hutton Co. paid for a 58.5-acre site near Charlotte, N.C., where it plans to build the Promenade at Carolina Reserve, an open-air retail power center that will house Burlington, Hobby Lobby, Petco, Rack Room Shoes, T.J.Maxx and Ulta Beauty.

$9.8 million 
Slate Retail REIT bought Duluth (Ga.) Station Shopping Center, a nearly 95,000-square-foot, Publix-anchored property, from Forge Capital Partners

$6.2 million
GM 19 Bell bought Deer Valley Plaza, an 87,800-square-foot, two-building, semivacant shopping center in Phoenix with 13 tenants.

$4.3 million
Experimental Holdings, of Cincinnati, bought the 99,140-square-foot Brookhill Towne Center, in Westminster, Colo. 

By Brannon Boswell

Executive Editor, Commerce + Communities Today

Commerce + Communities Today

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