Seritage Growth Properties has marked 40 to 50 of its malls for sale in order to raise cash to fund redevelopments of its best-located properties. The REIT, which owns 177 malls formerly anchored by Sears, expects strong demand for the properties it’s marketing. It has raised $1.2 billion from property sales since 2015 and hopes to use proceeds from the next round to recruit supermarkets and expanding retailers to its top properties, as well as to add office and residential uses.

Cedar Realty Trust sold the 423,671-square-foot Camp Hill Shopping Center in Camp Hill, Pennsylvania, to CampHill Pradsavi Group LLC for $89.7 million. Anchors are Barnes & Noble, Boscov’s, Giant grocery and LA Fitness. Cedar Realty will continue to manage the property.

In a 1031 exchange, CTO Realty Growth acquired The Shops at Legacy North in Plano, Texas, for $72.5 million from Inland Real Estate Group. Tenants at the 236,000-square-foot, mixed-use property, which sits within a larger business park called Legacy, include The Capital Grille, Seasons 52, Mexican Sugar, Benihana and Ra Sushi.

One Liberty Properties sold a 40,000-square-foot, West Hartford, Connecticut, store leased to Whole Foods, as well as the attached parking garage, for $40.5 million to ALNIC LLC.

S & P Holdings bought the 217,292-square-foot Mist Lake Plaza in southeastern Lexington, Kentucky, from DF Lexington Properties LLC for $17.4 million. Lexington Motorsports — which sells and services vehicles like motorcycles, ATVs and watercraft — will become an anchor at the property now that the city council has lifted a deed restriction to enable it. SVN Stone Commercial Real Estate represented the seller, and The Gibson Co. represented the buyer.

Glen Una bought the HyVee-anchored, 135,409-square-foot Barlow Plaza in Rochester, Minnesota, for $20.15 million from United Properties.

The Halle Cos. sold 6001 Kingstowne Village Parkway in Alexandria, Virginia, for $14.2 million. Aldi, Ashley HomeStore and La-Z-Boy are tenants at the 7.1-acre property. Avison Young, which represented the seller, placed a 4.5% cap rate on the deal.

Urstadt Biddle Properties sold Newington Park Shopping Center in Newington, New Hampshire, to Torrington Properties for $13.4 million. Torrington bought the site in 1979 and converted it from industrial to retail.

Saber Griffin Two LLC sold Davie, Florida's 74,300-square-foot Broward Plaza, pictured at top, to residential developer El-Ad National Properties for $12.8 million. Tenants include Big Chef catering, BrandsMart USA, Dollar General and Miami Grill. Tiktin Real Estate Investment Services represented the buyer and the seller.

McKinley Mall Realty Holding LLC purchased the 800,000-square-foot McKinley Mall in Hamburg, New York, out of foreclosure for $8.5 million. Bed Bath & Beyond, Best Buy and Old Navy are tenants.

Brbrshy Investments sold the 19,016-square-foot Central Plaza Shopping Center in St. Petersburg, Florida, to Githler Development for $5.1 million. Tenants include Amscot, Rainbow and Rent-A-Center.

The 18,900-square-foot Shelbyville Square in Shelbyville, Tennessee, traded for $4.6 million. Stan Johnson Co., which represented the 1031 exchange buyer from Dacula, Georgia, placed a 7.99% cap rate on the deal. The seller was developer Sofran Partners. The eight tenants include Petsense and Pizza Hut.

DeLaurentis Management Corp. purchased the 67,722-square-foot Savin Rock Plaza in West Haven, Connecticut, for $3 million. Tenants include a bank and a local restaurant. O,R&L represented the buyer.

Beach Boulevard Shopping Center in Jacksonville, Florida, traded for $1.45 million. The two buildings total 14,290 square feet. NAI Hallmark represented the seller, Mark’s Investment Properties LLC, in the off-market transaction. Crown Tenant Advisors represented the buyer, owner-occupier Mr. Implant LLC.

The 10,947-square-foot Bank of America Center in Winder, Georgia, traded for $1 million. Stan Johnson Co. — which represented the seller, a private investor from Watkinsville, Georgia, and the buyer, a developer from Atlanta, placed a 5.6% cap rate on the deal.

Send announcements about your deals to executive editor Brannon Boswell.