Kitsap Mall in Silverdale, Wash., has traded. Macerich sold the 850,000-square-foot center for an undisclosed price. An affiliate of Starwood Capital Group and Starwood Retail Partners acquired the center.
Global Fund Investments and MMG Equity Partners have acquired the Biscayne Plaza retail center in Miami for an undisclosed price. The 347,000-square-foot property will be renovated under the new owners.
Pennsylvania Real Estate Investment Trust has sold the 717,000-square-foot Paxton Towne Centre in Lower Paxton Township for $76.8 million.
The property is anchored by Target, Costco, Kohl’s and Weis Markets.