Partners REIT is buying a 101,000-square-foot retail center on Vancouver Island, British Columbia. The center, Mariner Square Shopping Centre, is 97.8% occupied.
Hines REIT Properties is buying the Howard Hughes Center in Los Angeles from Blackstone Group for $506 million. The five-building office complex is 88% occupied.
Beirut City Centre, a new retail center in Lebanon, is poised to open its doors in April. It will have 200 retailers and 40 restaurants. It is fully leased.
Partners Real Estate Investment Trust is acquiring five retail centers in the Greater Montreal region for $78.9 million. The properties total 286,500 square feet and are 93.3% occupied.
Price Management has acquired the Scarborough Shopping Center in Olathe, Kan., from Thomas Smith for $4 million. the 40,400-square-foot center is 85% occupied.
Cathedral Ocotillo has acquired Tableland Village II in Mesa, Ariz., for $7 million from Tableland II. The 39,600-square-foot center is 90% occupied.