Mimms Enterprises has acquired Lanier Commons in the Atlanta suburbs from Varner Properties for $13 million. The 74,500-square-foot center is anchored by a grocery store.
California-based investors have acquired Towne Park Plaza in Albuquerque, N.M., from Towne Park Plaza LP for $20 million. The center is anchored by PetSmart and Sam's Club.
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.
Mimms Enterprises acquired Lanier Commons in the Atlanta suburbs for $13 million from BCI-Lanier Commons. The 74,471-square-foot center is anchored by Publix.
Alliance Commercial Investments has acquired Cherry Road Crossing shopping center in Rock Hill, S.C., from a joint venture between Corporate Property Group and McDonald Properties for $13 million. The center is anchored by a Super Bi-Lo.
Pacific Development Partners has acquired 1265 Laurel Tree Lane in Carlsbad, Calif., from Ascent-Biltmore Carlsbad for $29.9 million. The 85,000-square-foot property includes retail and office space.