FORT WAYNE — America's Floor Source has signed a lease for 16,030 square feet at 5311 Distribution Dr. in Fort Wayne. Karen Spake and Carolyn Spake-Leeper of CBRE / Sturges represented the landlord, Wells Fargo Bank in the transaction. America's Floor Source operates carpet and flooring retail stores in Columbus, Cincinnati, Dayton and Indianapolis.
UTICA, N.Y. — Hannaford Plaza, a 189,218-square-foot shopping center in Utica, has sold for $14.1 million. The center is located at 1154 Mohawk St. and is co-anchored by grocer Hannaford Brothers Inc. and fashion chain Conway. Joseph French and Thomas Dalzell of Marcus & Millichap's White Plains, N.Y. office represented the seller, Hannaford Station Inc. They also represented the buyer, New York City-based Katz Properties Inc.
NORTH RICHLAND HILLS — Woodcrest LP has purchased the 33,000-square-foot Tarrant Parkway Plaza, a shopping center located at the intersection of North Tarrant Parkway and Davis Boulevard in North Richland Hills. Eddie Liebman of The Weitzman Group's Dallas office represented the seller, LNR Partners, in the transaction.
LANCASTER — Dallas-based Hudson Peters Commercial has brokered the sale of a 18,301-square-foot retail center, located at 404 N. Interstate 35 in Lancaster. Michelle Hudson with Hudson Peters Commercial represented the buyer, a local investor, in the transaction. Jason Vitorino of Marcus & Millichap's Dallas office represented the seller, Lancaster Venture No. One.
GREENVILLE, N.C. — Bonefish Grill and Dick's Sporting Goods have signed leases totaling 54,800 square feet at HJ Brody's 11 Galleria, located on Memorial Highway in Greenville. Bonefish Grill leased 4,800 square feet, and Dick's Sporting Goods leased 50,000 square feet. Both tenants are slated to open in the fall/winter 2012.
MINNETONKA, MINN. —Minnesota Tile & Stone plans to open a new, 40,000-square-foot facility in Minnetonka on April 2. The building is a tile and stone retail and fabrication facility. Alan Dale, company owner, paid $7 million to purchase and rebuild the property. Minneapolis-based Tanek Inc. designed the facility and RJ Ryan of Mendota Heights, Minn. handled the construction.
DALLAS — NorthMarq Capital has secured $3.55 million in first mortgage financing for the 55,411-square-foot Maplewood Retail, located at 2515 Inwood Road in Dallas. Bart Dickinson of NorthMarq's Dallas office arranged the 25-year, fully amortized loan through StanCorp Mortgage Investors.
PORT CHARLOTTE, FLA. — NorthMarq Capital has arranged $9.6 million in first mortgage refinancing for the 139,903-square-foot Heritage Plaza, a shopping center located at 18500-18714 Veterans Blvd. in Port Charlotte. David Garfinkel of NorthMarq's St. Louis office, along with Robert Hernandez of the firm's Tampa office, arranged the 15-year, fully amortized loan through a correspondent life company.
WESTLAND, MICH. — Dollar Tree has signed a new 10,000-square-foot lease in Wildwood Plaza, located at 34250 Ford Rd. in Westland. Jack Uhazie of the West Bloomfield, Mich. office of Mid-America Real Estate-Michigan represented the tenant in the transaction. Adam Goodman of Mid-America Real Estate-Michigan represented the landlord, Wildwood Properties, in the transaction.
ROWLETT — American Realty Capital — Retail Centers of America has entered into an agreement to purchase the 105,861-square-foot Liberty Crossing Shopping Center, located in Rowlett, for $22.2 million, excluding closing costs. The property is 95 percent leased to 16 tenants, which include Ross Dress for Less, PetSmart and Dollar Tree. In addition, the buyer recently broke escrow and issued shares of common stock to American Realty Capital IV, its sponsor, which purchased $2 million of the company's stock.