Blackrock Retail Property Advisors arranged the sales of two adjacent shopping centers in Port Charlotte, Fla. to a joint venture of Weingarten Realty Investors and AEW Capital Management for a total of $25.6 million. The centers include Quesada Commons and Shoppes of Port Charlotte and total 99,901 square feet of space. Dennis Carson and Nikolas Kozy, of Blackrock Retail, negotiated the transactions.
Continental Real Estate Companies won the exclusive management contract for ABC Management's 715,000-square-foot office and retail portfolio.
CASTO purchased Renaissance Village in Durham, N.C. and Stone Creek Village in Carry, N.C. The transactions add 364,064 square feet of retail space to the company's portfolio.
GMH Capital Partners negotiated the sale of the Stassney Heights shopping center, a 102,916-square-foot retail property in Austin, Tex., to TPRF/Stassney, LP for $14.7 million. GMH Capital represented the seller, ITW Mortgage Investments IV, in the transaction.
Hawthorne Capital and Guggenheim Real Estate acquired the Regency Plaza shopping center in Durham, N.C. The center contains 119,528 square feet of space.
First Colony Capital, LLC appointed E. Heath Knott as vice president of brokerage services. Previously, Knott handled project creation, asset management and brokerage services for the firm.
CBRE | Melody arranged a $61.2 million loan for Crossroads Mall in Oklahoma City, Okla. The property is an enclosed shopping center with 1.2 million square feet of space.
Sperry Van Ness negotiated the sale of Trails End Marketplace, a 102,395-square-foot retail center in Oregon City, Ore. to Matteson Real Estate Equities, Inc. for $30.6 million. Gary Imbrie and Ryan Imbrie, of Sperry Van Ness/Gary Imbrie Realty, represented the seller, Emmert International, in the transaction.
Holliday Fenoglio Fowler, L.P. arranged a $105 million first mortgage for Arborpoint at Station Landing, the first phase of a mixed-use, master-planned project in Medford, Mass. The development includes 67,000 square feet of ground floor retail space and a freestanding 4,700-square-foot retail building.
Marcus & Millichap Real Estate Investment Brokerage Company negotiated the sale of Utopia Center, a 109,039-square-foot mixed-use property in Queens, N.Y., to a New Jersey investment group for $51.7 million. Steven Siegel, of Marcus & Millichap's New York office, represented both the buyer and the seller in the transaction.
CB Richard Ellis negotiated the sale of a 16-property Rite Aid portfolio for $48 million. The 205,223-square-foot portfolio includes properties in seven states. CBRE's Jeffrey Thomas and John Glassmoyer negotiated this transaction.
Meridian Capital Group arranged $11.8 million financing for three shadow-anchored Wal-Mart centers totaling 98,902 square feet. The loan featured a 6.41 percent rate over a 10-year term. Seth K. Grossman, of Meridian's New York office, negotiated this transaction.
GK Development, Inc. acquired two regional malls in Greeley, Colo. and Great Falls, Mont. for $90 million. The malls include the 577,200-square-foot Greeley Mall and the 579,200-square-foot Holiday Village.
Holliday Fenoglio Fowler, L.P. arranged a $17.4 million refinancing for a 108,650-square-foot Kohl's Department Store and a 7,650-square-foot BB&T Bank in Herndon, Va. Holliday Fenoglio Fowler's Mark Remington negotiated the transaction.
Pelican Bay Development, Inc. is starting construction on 91 office and 19 retail condominiums at Windermere Business Center, a mixed-use project in Orlando, Fla. Completion is scheduled for late 2007.
Capmark Finance Inc. provided $17.5 million in floating-rate financing for the acquisition of a Hood Commons, a 214,075-square-foot retail center in Derry, N.H.
Sperry Van Ness aligned with the Doran Jason Group of Florida, Inc. The office is led by Doran Jason (left) and Dwight Hewett.
Japanese jeweler Niwaka signed a 4,000-square-foot lease on Fifth Avenue in New York City. Faith Hope Consolo and Joseph A. Aquino, of Prudential Douglas Elliman's Retail Leasing and Sales Division, represented the tenant in the transaction. RFR Properties represented the landlord.
Sperry Van Ness appointed Michael W. Cassidy as senior vice president. Previously, Cassidy served as senior vice president with Colliers International.
Sperry Van Ness appointed Matt Chandler as managing director and Laura Tucker as senior advisor in its Little Rock, Ark. office. Chandler has 14 years of experience in commercial real estate. Prior to joining Sperry Van Ness, Tucker worked as executive broker with Moses Tucker Real Estate.