DLC Management Corp. acquired Olde Towne Plaza, a 288,074 sq.ft. center located on Route 100 in Ballwin, MO from Regency/DS Ballwin, LLC. The center is anchored by Lowe’s Home Improvement, Marshalls, HomeGoods, Stein Mart and Ultimate Electronics.

For more information, contact DLC Management Corp., 580 White Plains Road, 3rd Floor, Tarrytown, NY 10591; 914-631-3131, Fax 914-631-6533.

New Plan Excel Realty Trust, Inc. closed on the acquisition of 57 community and neighborhood shopping centers from Equity Investment Group. The aggregate purchase price for the acquisition was approximately $437 million, consisting of the assumption of $149 million of outstanding indebtedness, the issuance of $25 million of units in a partnership controlled by New Plan and approximately $263 million of cash.

For more information, contact New Plan Excel Realty Trust, Inc., 1120 Avenue of the Americas, New York, NY 10036; 212-869-3000, Fax 212-869-3989; Web site: www.newplan.com.

IRT Property Co. sold Lawrence Commons, a 52,295 sq.ft. center located in Lawrenceburg, TN for $4.2 million. The company also sold 21 acres of a 23-acre tract at Miramar Park Plaza, a pre-development project in Broward County, FL for $6.6 million.

For more information, contact IRT Property Co., 200 Galleria Parkway, Suite 1400, Atlanta, GA 30339; 770-955-4406, Fax 770-988-8773.

Grubb & Ellis Co. is selling Copperwood Square Shopping Center, a 138,990 sq.ft. center located in Sacramento, CA.

For more information, contact Bill Liggett, Grubb & Ellis Co., 1610 Arden Way, Suite 195, Sacramento, CA 95815; 916-418-6000, Fax 916-418-0231.

First Allied Corp. acquired Stonecrest Parc North Shopping Center, a 27,319 sq.ft. center located at the entrance to the Stonecrest Parc Mall in Atlanta, GA for $5.85 million. The center is tenanted by Just For Feet, The Men’s Wearhouse, Mattress Expo and Pearle Vision. The company also acquired Crosswoods Commons Shopping Center, a 20,000 sq.ft. center located on Hutchinson Avenue, just northeast of the High Street and Interstate 270 interchange in Columbus, OH for $3.785 million. The center is tenanted by BW-3, Chipotle, Stauf’s Coffee and Panera Bread.

For more information, contact First Allied Corp., 680 Fifth Avenue, Suite 1602, New York, NY 10019; 212-586-5150, Fax 212-586-5147; Web site: www.firstalliedcorp.com.

Western & Southern Financial Group sold Florence Mall, a 928,870 sq.ft., two-level regional mall located in Florence, KY to a subsidiary of General Growth Properties, Inc. The mall is anchored by JCPenney, Sears, Lazarus Fashion Store and Lazarus Home Store.

For more information, contact Herb Brown, Western & Southern Financial Group, 400 Broadway Street, Cincinnati, OH 45202-3341; 513-629-1800; Email: herb.brown@westernsouthernlife.com; Web site: www.westernsouthern.com.

Phase One Realty, Inc. is selling the following two Walgreens drug stores: a 14,490 sq.ft. store situated on a land area of 72,140 sq.ft. in El Paso, TX for $4,487,179 with a Cap rate of 7.8% and a 14,560 sq.ft. store situated on a land area of 87,121 sq.ft. in Albuquerque, NM for $4,386,667 with a Cap rate of 7.5%.

For more information, contact Robert H. Fippinger, Phase One Realty, Inc., 333 Montezuma Avenue, 2nd Floor, Santa Fe, NM 87501; 505-98-3883 Ext. 2, Fax 505-988-5134.

Upland Real Estate Group, Inc. brokered the sale of a $12 million package of six Rite Aid drugstores located in the Rochester, NY area. The 11,325 sq.ft. Fort Greece location sold for $2.6 million; the 11,348 sq.ft. Rochester location sold for $1.9 million; the 11,325 sq.ft. Fort Bath location sold for $1.6 million, the 10,181 sq.ft. Fort Medina location sold for $1.6 million; the 15,079 sq.ft. Irondequoit location sold for $1.6 million and the 10,180 sq.ft. Fort West Irondequoit location sold for $2.7 million. The company also represented the seller in the sale of two Gander Mountain properties. The 31,080 sq.ft. Reynoldsburg, OH store sold for $3.4 million, while the 28,380 sq.ft. Davenport, IA store sold for $2.9 million. The company also represented the seller in the sale of a KinderCare Learning Center located in Frederick, MD. The 9,897 sq.ft. store sold for $1.4 million.

For more information, contact Brier E. Swing, Upland Real Estate Group, Inc., 250 Marquette Avenue, Suite 575, Minneapolis, MN 55401; 612-335-9366, Fax 612-376-4489; Email: brier@upland.com; Web site: www.nnnsales.com.

Walpert Properties acquired the 89,787 sq.ft. Wheatland Plaza Shopping Center in Duncanville, TX from CenterAmerica Property Trust. The center is located at the intersection of 402 East Wheatland Road and Freeman Street. It is anchored by an 18,172 sq.ft. Minyards Foods Store, a 21,450 sq.ft. Every Season Family Center and a 10,000 sq.ft. Dollar General store. The center is 95% leased.

For more information, contact Patricia Riney, Walpert Properties, 11457 Olde Cabin Road, Suite 200, St. Louis, MO 63141; 314-567-1221; Email: priney@walpertproperties.com.

Arthur Hill & Co. Realty Services, LLC is looking to acquire anchored retail centers, offices and apartments in Orlando, Tampa, Jacksonville and West Palm Beach, FL; Atlanta, GA; Chicago, IL and surrounding suburbs (especially north and northwest); Reno, NV and Dallas/Fort Worth, TX. The company prefers deals with no debt in place.

For more information, contact Arthur Hill & Co. Realty Services, LLC, 900 Clark Street, Evanston, IL 60201; 847-570-4800, Fax 847-570-5656.

For more information, contact Duane J. Stiller or Soraya Tyriver, Woolbright Development, Inc., 4800 North Federal Highway, Suite 108D, Boca Raton, FL 33431; 561-393-9933; Emails: dstiller@woolbright.net and styriver@woolbright.net; Web site: www.woolbright.net.

Kay Realty Services acquired an equity stake in the Whiting Shopping Center in Manchester Township, NJ, as part of a joint venture with Tucson, AZ-based real estate management and investment group, Holualoa Arizona, Inc. The 119,000 sq.ft. center is anchored by Super G and Rite Aid. Cotenants include First Union Bank, U.S. Post Office, Sovereign Bank, Hudson City Savings, Sun Bank and various restaurants. The center is 95% occupied.

For more information, contact William L. Klein, Kay Realty Services, 141 Market Street, Suite 3, Kenilworth, NJ 07033l 908-620-0337, Fax 908-620-9889; Email: capklein10@aol.com.

McClinton & Co., Inc. represented Montgomery Commons, LLC in the sale of the Montgomery Commons Shopping Center located on the Eastern Boulevard in Montgomery, AL. The 95,300 sq.ft. center was acquired by Heritage Montgomery SPC LLC, a division of Heritage Property Investment Trust. The center is anchored by Marshalls, Michaels and Shoe Carnival. Cotenants include Hallmark Gold Crown, Dress Barn, Cato, Family Christian Book Store, Nail Studio and Friedman’s Jewelry.

For more information, contact Buddy McClinton, McClinton & Co., Inc., 2777 Zelda Road, Montgomery, AL 36106; 334-270-9653; Web site: www.mcclintonco.com.

The W G Phillips Co. is representing an Atlanta, GA-based investor group seeking NNN freestanding, single-tenant retail and/or corporate leased property. Market priorities are metro Atlanta, GA and southeastern MSAs. Leases should have five-plus years remaining and tenants should be rated.

For more information, contact Bill Phillips, The W G Phillips Co., 815 Herring Road, Suite 100, Newnan, GA 30265; 770-251-1155, Fax 770-251-0500; Email: billphillips@wgphillips.com.

For more information, contact Amy Kuehn, Gregroy Greenfield & Associates, Ltd., 124 Johnson Ferry Road, Atlanta, GA 30328; 404-236-2300, Fax 404-236-2299.

Marcus & Millichap Real Estate Investment Brokerage Co. brokered the sale of the Plaza on the Green located at 8100 West Crestline Avenue in Denver, CO for $12 million. The 142,678 sq.ft. center is situated on a land area of 17.42 acres and is anchored by a 76,486 sq.ft. Cub Foods Supermarket. Cotenants include Petco, Bear’s Car Wash and Detail, Goodyear/Jiffy Lube, Country Buffet, Empress of China and Three Day Blinds. The center is currently 100% occupied. The company also announced the sale of the Hickory Grove center located on Paul Huff Parkway in Cleveland, TN. The property sold for $12 million with a Cap rate of 10%. The 235,000 sq.ft. center is anchored by a 118,000 sq.ft. Lowe’s Home Improvement and is tenanted by T.J. Maxx, Goody’s, Books-A-Million, Pier 1 Imports and Petco. The center is 99% occupied.

For more information, contact Larry Gray, Marcus & Millichap Real Estate Investment Brokerage Co., 500 Ygnacio Valley Road, Suite 330, Walnut Creek, CA 94596; 925-979-9810 Ext. 116, Fax 925-979-9811; Web site: www.marcusmillichap.com.

Bryason Realty Corp. negotiated the sale of the Crystal Plaza Shopping Center, a 70,525 sq.ft. neighborhood center located at the intersection of Sample Road and Military Trail in Deerfield Beach, FL. The company represented the seller, Sayreville Plaza Associates. Tenants include IHOP, Rent-Way, Family Dollar and Price Cutter.

For more information, contact Bryason Realty Corp., 555 South Federal Highway, Suite 450, Boca Raton, FL 33432; 561-391-8717, Fax 561-362-7830.

The Whitaker Group is selling small retail buildings throughout the west. The company specializes in buildings ranging in size from 3,500 sq.ft. to 10,000 sq.ft. with national or regional tenants as endcap users. The company has inventory in AZ, CA, HI, NV and UT and is generating 15 to 20 new projects per year.

For more information, contact Brad Whitaker, The Whitaker Group, Inc., 15707 Rockfield Boulevard, Suite 130, Irvine, CA 92618; 949-305-7272, Fax 949-305-7274; Email: brad.whitaker@thewhitakergroup.com.

Robert Stuart is looking to acquire several shopping centers located throughout the midwest. The company will purchase all types of locations from 100,000 sq.ft. and up. The company can pay with cash or will assume existing financing.

For more information, contact Robert Stuart, 130 Goldsworth Terrace, Leesburg, VA 20175-5067; 703-669-8782; Email: rubobstu@aol.com.

Developers Diversified Realty acquired a 560,000 sq.ft. center from Trizec Properties for approximately $113.5 million. The center, Paseo Colorado, is located in Pasadena, CA and is anchored by Macy’s, Gelson’s Market, Equinox Health & Fitness and Pacific Theaters. Tenants include Ann Taylor Loft, Brookstone, Cole Haan, Eddie Bauer, J. Jill, Max Studio, MAC Cosmetics, Sephora, Tommy Bahama, White House/Black Market, Bombay, Coach, Bath & Body Works and DSW Shoe Warehouse. Area demographics include a trade-area population earning $136,000 as the average household income.

For more information, contact Michelle Mahue, Developers Diversified Realty, 3300 Enterprise Parkway, Beachwood, OH 44122; 216-755-5500, Fax 216-755-1455; Email: mmahue@ddrc.com; Web site: www.ddrc.com.

For more information, contact Frank A. Banko, CC Realty Advisors, Inc., 3637 Washington Road, Suite 2, McMurray, PA 15317; 724-942-4810, Fax 724-942-4812; Web site: www.ccrealtyadvisors.com.

Acadia Realty Trust acquired a portfolio of 25 Kroger and Safeway supermarkets in conjunction with an affiliate of Stamford, CT-based real estate developer and investor AMCap, Inc. The portfolio aggregates approximately 1,000,000 sq.ft. The majority of the properties are freestanding and all are NNN leases. The company is acquiring the portfolio through long-term ground leases with terms averaging in excess of 80 years, which are master-leased to a non-affiliated entity. The portfolio was acquired for $47 million, which includes closing costs and the assumption of an aggregate of $34.5 million of existing debt. The mortgage debt, which is at a blended fixed interest rate of 6.56% is fully amortizing over the remaining seven years.

For more information, contact Jon Grisham, Acadia Realty Trust, 20 Soundview Marketplace, Port Washington, NY 11050-2221; 516-767-8830 Ext. 342, Fax 516-767-8834; Web site: www.acadiarealty.com.

For more information, contact Tony Vita or Andrew Vita, Vita & Vita Realty Corp., 277 Fairfield Road, Fairfield, NJ 07004; 973-227-5233; Emails: tony@vitarealty.com and andrew@vitarealty.com.

Horizon Realty Services, Inc. sold Plaza Del Grato Shopping Center, a 41,000 sq.ft. center located at 1734-1790 Algonquin Road in Arlington Heights, IL. The center is anchored by Panera Bread, 7-11 and 18 other retailers. The sale price was approximately $3.5 million.

For more information, contact Barry Millman, Horizon Realty Services, Inc., 3715 Ventura Drive, Suite 200, Arlington Heights, IL 60004; Email: bmillman@horizonrealtyservice.com; Web site: www.horizonrealtyservice.com.

For more information, contact Terry Marks, National Net Lease Realty, 4729 Libbit Avenue, Encino, CA 91436; 818-905-5597, Fax 818-905-5596; Email: info@terrymarks.com; Web site: www.terrymarks.com.

For more information, contact The Woodmont Co., 4514 Cole Avenue, Suite 200, Dallas, TX 75205; 214-824-6091, Fax 214-824-6804; Web site: www.woodmont.com.

Arroyo & Coates is selling a single-tenant opportunity located in Santa Barbara County, CA for $2.86 million with a Cap rate of 7.51%. The property is leased to a strong retail credit tenant with a 10-year lease.

For more information, contact Paul Souza, Arroyo & Coates, 500 Washington Street, Suite 700, San Francisco, CA 94111; 415-445-7800 Ext. 184, Fax 415-723-7700; Email: psouza@a-c.com.

George L. Renz CCIM is looking to acquire NNN retail throughout southern CA. The asking prices range from $5 million to $13 million.

For more information, contact George L. Renz, 7791 Wren Avenue, Suite B, Gilroy, CA 95020; 408-846-1031, Fax 408-846-1042; Email: grenz@ccim.net.

Finard & Co. brokered the sale of Milford Square Shopping Center in Milford, MA for $5.725 million. The 50,205 sq.ft. center is tenanted by D’Angelo’s, Olympia Sports, Strata Bank, Cingular Wireless and Honeydew Donuts.

For more information, contact Chris Cardoni, Finard & Co., One Burlington Woods Drive, Burlington, MA 01803; 781-273-5555 Ext. 229, Fax 781-272-8408; Email: ccardoni@finard.com; Web site: www.finard.com.