Columbia Properties Capital has gained approval from Georgia's Cobb County to build a 146,000-square-foot retail center near Atlanta. The location will feature Sprouts Farmers Market and Stein Mart, and it is expected to open by fall 2016.
DDR Corp. has acquired a retail center in the Dallas area for $40 million. The 400,000-square-foot Marketplace at Highland Village is 90% occupied by tenants that include Wal-Mart, T.J. Maxx, HomeGoods, Petco, LA Fitness and Office Depot.
Behringer Harvard has sold the Mariposa Lofts Apartments, a 253-unit multifamily apartment in the Atlanta area, for $40 million. The buyer of the property has not been identified. It assumed a $16 million mortgage note as part of the transaction.