Weingarten Realty Investors acquired seven supermarket-anchored shopping centers in the Raleigh-Durham area of NC from Bob Hughes and Associates. The acquired centers include the 111,600 sq.ft. Avant Ferry shopping center, which is anchored by Food Lion and the United States Postal Service; the 156,000 sq.ft. Capital Square, which is anchored by Food Lion and Mars Music; the 90,000 sq.ft. High House center, which is anchored by Harris Teeter and Ace Hardware; the 58,400 sq.ft. Mineral Springs center, which is anchored by Food Lion and Eckerd; the 77,800 sq.ft. Northwoods center, which is anchored by Food Lion and Eckerd; the 188,300 sq.ft. Stonehenge Market Place, which is anchored by Harris Teeter and Stein Mart, and the 468,100 sq.ft. Six Forks center, which is anchored by Food Lion, Home Depot, Eckerd, Borders, Bed Bath & Beyond and Kmart. In a separate transaction, the company acquired Pitman Corners, a 189,000 sq.ft. center located in Plano, TX from an undisclosed seller. The center, which is anchored by Albertson’s and McDonald’s, was acquired for $16.8 million.

For more information, contact Weingarten Realty Investors, PO Box 924133, Houston, TX 77292-4133; 713-866 - 6000, Fax 713-866-6049; Web site: www.weingarten.com.

Insignia/ESG is representing a 1031 client that is looking to acquire a stabilized office, residential or retail property priced between $40 million and $60 million in New York, NY or within 100 miles of New York. The buyer is looking for a cash on cash return over 8% to 9%.

For more information, contact Budd Wiesenberg, Insignia/ESG, 300 Atlantic Street, Suite 210, Stamford, CT 06901; 203-325-5375, Fax 203-325-5333; Web site: www.insigniaesg.com.

Goodstein Realty is marketing a 32,690 sq.ft. freestanding Winn-Dixie location with a NNN lease that is located on a 2.9-acre plot in Montgomery, AL. The all cash asking price is $1.825 million. The company also is marketing a Eckerd-anchored shopping center in Liberty, NY. The 30,908 sq.ft. center is located at the intersection of Route 52 and Route 17. The NOI is $254,483 and the asking price is $2.45 million.

For more information, contact Nilla Faringer, Goodstein Realty, 212 East 47th Street, New York, NY 10017; 917-445-9839; Email: gfaringer@aol.com.

CC Realty Fund I is marketing the 99,292 sq.ft. Fountain Square Shopping Center in Atlanta, GA. The neighborhood strip center is located at the intersection of Highway 78 and McGee Road. Tenants include Tuesday Morning, Bellsouth Telecommunications and Gwinnett Ballet Theater. Spaces of 12,161 sq.ft. and 3,900 sq.ft. are available. Area demographics include a population of 121,612 residing within a five-mile radius earning an average household income of $86,357. The asking price is $4.1 million. The company also is marketing the 27,892 sq.ft. Southport Shopping Center in Southport, NY. The center is located at the intersection of Broadway Avenue and Bulkhead Street. Tenants include Family Dollar, Blimpies Sandwich Shop, Arnot Medical and Curves for Women. Spaces of 4,480 sq.ft., 4,069 sq.ft. and 630 sq.ft. are available. Area demographics include a population of 52,892 residing within a five-mile radius earning an average household income of $43,353. The asking price is $700,000.

For more information, contact Frank A. Banko, CC Realty Advisors, Inc., 3637 Washington Road, Suite Two, McMurray, PA 15317; 724-942-4810, Fax 724-942-4812; Email: fbanko@ccrealtyadvisors.com; Web site: www.ccrealtyadvisors.com.

Divaris Real Estate, Inc. represented Shurgard Storage Centers Inc. in the acquisition of a three-acre site located in Riverside Corporate Park in Frederick, MD. The storage center chain purchased the site from Millennium Development Group.

For more information, contact Gerald S. Divaris, One Columbus Center, Suite 700, Virginia Beach, VA 23462; 757-497-2113, Fax 757-497-1338; Email: info@divaris.com; Web site: www.divaris.com.

NAI Business Properties is marketing a grocery-anchored shopping center in Bozeman, MT. The center is tenanted by Smith’s, Old Navy, Gap, Pier 1 Imports and Bennigan’s. Additional ground development is possible. The adjoining 60 acres are available for purchase.

For more information, contact Mike Walker, NAI Business Properties, PO Box 7074, Billings, MT 59103; 406-256-5000, Fax 406-256-9494.

The Laramie Ameris Group is looking to add $100 million to its portfolio. The company prefers mid 1980s construction "B" class anchored neighborhood community centers in primary and secondary MSA’s throughout the continental U.S., excluding the West Coast and far northern states.

For more information, contact David Ash, The Laramie Ameris Group, 2019 North St. Andrews Court, Arlington, TX 76011; 817-226-3389, Fax 817-795-2008; Email: dash@ameris.com; Web site: www.ameris.com.

For more information, contact Pan Pacific Retail Properties Inc., 1631-B South Melrose Drive, Vista, CA 92083; 760-727-1002, Fax 760-727-1430; Web site: www.pprp.com.

Staubach Retail Services Southeast, LLC is selling a single-tenant freestanding retail building located at the intersection of Terry Road and McDowell Road in Jackson, MS. The property, which is leased to Hollywood Video, has 13 years remaining on a true NNN lease with no landlord/owner responsibilities. Albertson’s is located adjacent to the site and a McDonald’s is under construction nearby. The asking price is $1,128,250.

For more information, contact Dickson Cannon, Staubach Retail Services Southeast, LLC, 3400 Peachtree Street, Suite 1245, Atlanta, GA 30326; 404-231-2232, Fax 404-231-2280, Cell 678-595-3644; Email: dickson.cannon@staubach.com; Web site: www.staubach.com.

Executive Enterprises Inc. acquired Marietta Plaza, a 208,000 sq.ft. shopping center located on Cobb Parkway in Atlanta, GA. The center is anchored by Value City Department Stores and also includes a U.S. Post Office distribution center, Furniture Land and Guitar Center. The center was acquired for $7 million and the company plans to spend another $2 million on facade renovations and roof repairs.

For more information, contact Paul D’Agnese, Executive Enterprises Inc., 770-840-8165.