Kimco Realty Corp. refinanced its 133,900-square-foot Novato Fair Shopping Center in Novato, Calif. The firm received $13.6 million in financing arranged by Holliday Fenoglio Fowler.
Midlothian Plaza Associates acquired Midlothian Center in Richmond, Va., from Allied Capital REIT for $7 million. The 146,300-square-foot center is less than 60% leased.
Arya Investments acquired Newport Crossing in Riverside County, Calif., from Newport Murrieta Partners for $10 million. The 25,000-square-foot center is anchored by Jack in the Box.
A partnership between Coynes Construction and 6906 Chestnut LLC acquired retail space in Scottsdale, Ariz., from 1st Avenue Scottsdale. The 7,000 square feet traded for $4 million.
Mapali Inc. acquired the Loma Vista Center in San Diego from Harol Market Properties for $4.8 million. The 25,600-square-foot center includes five buildings.
Private investor SJ & SM has acquired the Northern Lights shopping center in Glendale, Ariz., from 51st & Northern for $6.3 million. The 29,500-square-foot center has several vacancies.