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$68.7 million
Starwood Capital Group purchased the bottom two floors and basement of the historic Macy’s store at 300 Pine St. in downtown Seattle from the department-store chain. All those floors are vacant. The landlord had previously acquired the building’s upper levels and converted them to office space.
$36 million
Westport Capital Partners sold the 219,000-square-foot Marketfair Mall, in Fayetteville, N.C., to Dino & Sons Realty. An AMC theater, Gander Outdoors and Planet Fitness all anchor the shopping center.
$21.9 million
GW Properties sold three retail properties in Chicago’s South Loop neighborhood to Park 1 Chicago. The portfolio comprises single-tenant Chick-fil-A and 7-Eleven buildings and an 8,000-square-foot multitenant center anchored by Aspen Dental. Jameson Commercial represented both parties in the sale.
$19.8 million
Direct Retail Partners bought the 140,000-square-foot Shops at Worthington Place, in Columbus, Ohio, from local developer Tom Carter. The tenants include Orvis, Panera Bread and Talbots.
$18.3 million
RPC Real Estate and Merion Realty Partners sold the 128,200-square-foot Larchmont Commons, in Mt. Laurel, N.J., to Gorman & Co. Aldi, Dollar Tree and Planet Fitness all anchor the center.
$14.8 million
Second Bay Holding Tahoe acquired The Crossing at Tahoe Valley, a 46,000-square-foot center in South Lake Tahoe, Calif., from Sutter Capital Group through a 1031 exchange.
$11.6 million
GDF Properties bought the 58,700-square-foot Dansk Plaza Shopping Center, in Pompano Beach, Fla., from Nightingale Properties.
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Pollack Real Estate Investments sold the 94,100-square-foot Sun Valley Plaza, in Mesa, Ariz., to Sun Valley Plaza Holdings Inc. The tenants include Main Street Antique Mall and Carbajal’s Mexican Food.
$5.4 million
T.J. of Nassau Inc. sold the 31,800-square-foot Five Points Plaza, in Fernandina Beach, Fla., to an undisclosed buyer. Cold Stone Creamery and Dollar Tree are among the tenants.
$5.4 million
Tampa, Fla.–based Clover Investment Properties acquired Cortez Commons, a 120,000-square-foot, Big Lots–anchored center in Bradenton, Fla., from MLG Capital.
By Brannon Boswell
Executive Editor, Commerce + Communities Today
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