Transactions — Who’s paying how much for what

$442 million
Vornado Realty Trust acquired the retail and commercial condo portion of the New York Marriott Marquis, in New York City’s Times Square. Vornado had leased 45,000 square feet of retail space at the hotel, having signed a 20-year lease in 2012. That agreement included an option to buy and Vornado’s commitment to spend up to $140 million to improve it. The hotel, the city’s second-largest, contains 1,919 rooms.

$78.4 million
Select Strategies Retail Holdings V, an affiliate of privately held Select Strategies Realty, completed the $78.4 million acquisition of a seven-property, 1.1 million-square-foot shopping center portfolio that is 91 percent leased. All the properties are in the Greater St. Louis metropolitan area, but one. The St. Louis–based properties are Creve Coeur, Gravois Plaza, Kings Highway, Kirkwood Crossing, LeMay Shopping Center and Overland Crossing. The seventh property is Fairview City Centre, located in Fairview Heights, Ill. Anchor tenants are Aldi, Burlington, Dick’s Sporting Goods, Fresh Thyme Farmers Market, Hobby Lobby, Home Depot, HomeGoods, Kohl’s, OfficeMax and Planet Fitness.

$64.5 million
Portland, Ore.–based Harsch Investment Properties acquired Gresham (Ore.) Station, a 342,000-square-foot property on 26 acres. Tenants here include anchors Bed Bath & Beyond, Best Buy and Cost Plus World Market, plus Old Navy, a newly renovated Ulta Beauty and about 40 other tenants. Newmark Knight Frank represented the unidentified seller.

$46 million
Regency Centers and a partner have acquired the 95,300-square-foot Ridgewood Shopping Center, in Raleigh, N.C., from a local family. Regency holds a 20 percent stake in the property, which was built in 1951 and is anchored by a Whole Foods. Among the other tenants are Fleet Feet Sports, Orvis and Walgreens, plus some local retailers. This is Regency’s 13th retail acquisition in the Raleigh area.

$42.95 million
Asuman 57th Street acquired a portfolio of retail and office buildings in Coral Springs, Fla. The retail portion consists of Waterway Shoppes, a 40,300-square-foot retail center with a mix of national and regional tenants. Also part of the package were two office buildings, each measuring about 45,300 square feet. The portfolio is part of a 22-acre master-planned development. Tiktin Real Estate Investment Services represented the seller.

$21.5 million
Global insurance firm SMTC Acquisition acquired the 331,800-square-foot Santa Maria (Calif.) Town Center, a regional mall anchored by Sears and Macy’s. (The Sears and Macy's stores were not included in the sale.) The Santa Maria Times, which reported the deal, cites a deed filed in the Santa Barbara County clerk’s office. CBRE represented the seller, an Irving, Texas–based subsidiary of Goldman Sachs called Ergs II Reo Owner, LLC.

$20 million
Newman International bought Seley Plaza, a 159,300-square-foot shopping center in San Bernardino, Calif., from a joint venture of Robhana Group and SAFCO Capital Corp. The center is 91 percent leased, and its 21 tenants include Big 5 Sporting Goods, Dollar Tree, 99 Cents Only and Rite Aid. SAFCO bought the center from Starwood Property Trust in 2012 for $11.8 million, about $74 per square foot, according to CoStar Group. Cushman & Wakefield represented the seller in this latest deal.

$2.6 million
An Illinois-based trust acquired a single-tenant Dollar General in Kinder, La., for nearly $1.4 million; and a single-tenant Dollar General in Washington, La., for about $1.2 million. The lease on the Kinder property expires in 2032, and the one on the Washington property expires in 2031. The Boulder Group represented the seller, a Louisiana developer.

$900,000
Racine Mall LLC, an affiliate of Hull Property Group, acquired a recently vacated Boston Store unit at Regency Mall, in Racine, Wis., from Bon Ton Stores Realty Two, an affiliate of Tiger Capital Group. Hull Property owns the mall.