property type: Retail

Tampa Bay Business Journal Mishorim Gold Properties has bought the 215,713-square-foot Horizon Park shopping center in Tampa, Fla., for $22 million, or about $101.99/sf. An affiliate of Forge Capital Partners sold the retail property, at 3904 West Hillsborough Ave., which ...

Milwaukee Business Journal An affiliate of L2 Partners LLC has paid $22.5 million, or $86.55/sf, for West Allis Center, a 259,962-square-foot retail property in West Allis, Wis. The Miami investor purchased the property from GBT Realty Corp. of Brentwood, Tenn., which ...

A total of at least $1.2 billion of CMBS financing against eight regional malls matured in recent weeks without getting retired. The number shows just how difficult it is for malls, particularly those anchored by Macy's, JCPenney and Sears, to ...

Commercial Real Estate Direct Staff Report Parkview Financial has provided $34 million of financing against the Shops at Perry Crossing, a 600,000-square-foot lifestyle retail center in the Indianapolis suburb of Plainfield, Ind. The Los Angeles lender's loan, with a term ...

LNR Partners, which as special servicer is handling $100 million of mortgage debt against the Montgomery Mall in suburban Philadelphia, has placed the 1.1 million-square-foot retail property on the sales block. It is said to have hired JLL Capital Markets ...

Vornado Realty Trust has agreed to take full control of One Park Ave., a 943,000-square-foot building in Manhattan in a deal valued at $875 million, or $927.89/sf. The New York REIT is buying the 45 percent stake it doesn't already ...

ExchangeRight has paid $19 million, or $272.41/sf, for the Pick 'N Save Center, a 69,749-square-foot retail property in the Milwaukee suburb of Wauwatosa, Wis. The Pasadena, Calif., investment manager, which specializes in the tax-deferred exchange market, purchased the property from ...

Commercial Observer The 12,225-square-foot retail cooperative at 1235 Lexington Ave. in Manhattan has been brought to the sales market. JLL has the listing, which comes with an asking price of $23.3 million. The space is fully leased to Duane Reade ...

San Diego Business Journal Gildred Development Co. has paid $19.5 million, or $1,044/sf, for the Rancho Santa Fe Professional Center, an 18,663-square-foot office and retail property in Rancho Sante Fe, Calif. The San Diego management and development company purchased the ...