SUPERIOR, COLO. – The Superior Marketplace is set to receive two new tenants. Sears Home Appliance will occupy 5,267 square feet, while Weight Watchers will lease 1,325 square feet. Sears was represented by Mike Quinlan of Newmark Knight. Weight Watchers was represented by Lisa Vela of Colliers’ Denver office. Superior’s owner, Brixmor Property Group, was represented in-house by Paul Sheppard.
BOSTON — General Growth Properties has sold the Faneuil Hall Marketplace, located at 4 S. Market Building, Fifth Floor in Boston, for $140 million. The 208,000-square-foot retail development includes 104 staple restaurants, shops, exhibits and cafes.
GROVELAND, FLA. — Marcus & Millichap has brokered the $9.1 million sale of the 65,751-square-foot Eagle Ridge Shoppes, a shopping center anchored by Publix at 7975 State Rd. 50 in Groveland. Daniel Molloy of Marcus & Millichap's Atlanta office represented the seller, Groveland Associates, and Kirk Olson and Drew Kristol of Marcus & Millichap's Miami office represented the buyer, Coral Gables, Fla.-based Fraga Properties.
COLUMBIA AND SUMTER, S.C. — A 14,560-square-foot Walgreens property, located at 4469 Devine St. in Columbia, has sold for $3.3 million, and a 12,728-square-foot Rite Aid property, located at 375 Pinewood Rd. in Sumter, has sold for $2.65 million. Lori Schneider of Marcus & Millichap's Fort Lauderdale, Fla., office brokered the transactions.
FREDERICK, MD. — NorthMarq Capital has arranged $7.5 million in first mortgage financing for the 130,000-square-foot The Home Depot, located on West Patrick Street in Frederick. Deanna Polizzo and Ernest DesRochers of NorthMarq's New York City office arranged the financing with a 20-year term and a 20-year amortization schedule through ING Investment Management on behalf of the borrower, Golden Mile Real Estate. The Home Depot anchors the 602,000-square-foot Frederick Towne Mall, along with Boscov's Department Store and Hoyt Cinema.
AVON, OHIO — The Richard E. Jacobs Group has sold a retail location leased to AutoZone in Avon for $1.02 million. Mark Luttner of Luttner Real Estate Investment Services represented the seller in the transaction.
TRAVERSE CITY, MICH. — San Diego, Calif.-based Trigild has been selected as the asset manager for the 590,000-square-foot The Grand Traverse Mall, an enclosed mall in Traverse City. The firm's responsibilities include leasing space to tenants and planning a disposition strategy for a profitable sale. Trigild has selected Dallas-based Trademark Properties as the mall's property management firm. The enclosed mall is occupied by national tenants such as Macy's, JC Penney, Target and TJ Maxx.
WEBSTER — Scottsdale, Ariz.-based STORE Capital has purchased a 64,917-square-foot retail building, located at 1125 Magnolia Ave. in Webster, in a sale-lease back transaction with Carrollton-based Main Event Entertainment. Hunter Jaggard of Stan Johnson Co.'s Houston office represented the seller, and Derek Layne of Stan Johnson Co.'s Los Angeles office represented the buyer.
PORT ARTHUR — An east Texas-based individual investor has purchased a 33,134-square-foot property 100 percent leased to Family Dollar Stores, located at 230 Gilham Circle in Port Arthur, from Weingarten Realty Investors. Hunter Jaggard of Stan Johnson Co.'s Houston office represented the seller in the transaction.
LA VERNE, CALIF – The La Verne Towne Center has received two new tenants. Discount chain Marshalls celebrated its grand opening at the 226,872-square-foot shopping center on Oct. 13. Staples is set to open in 2012. The shopping center is owned by BIG Shopping Centers USA, which acquired the property in June 2010 through a joint venture with Kimco Realty Corporation.