Colliers Seeley International represented Margarita Plaza, LLC in the sale of an 85,000 sq.ft. center located at 6900-7100 South Santa Fe Avenue in Huntington Park, CA for $12 million to Meesob Investment Co. and Feseas Partners Investment Co. The center is anchored by Food 4 Less and is 94% occupied with national credit tenants, including Radio Shack, Little Caesars and Bargain Zone. The site has an average daily traffic count of 52,000 vehicles.

For more information, contact Colliers Seeley International, 444 South Flower Street, Suite 2200, Los Angeles, CA 90071; 213-627-1214, Fax 213-627-2700.

For more information, contact Jereme Snyder, Sperry Van Ness/REZA Investment Group, 949-225-1805; Email: jereme@gowithreza.com; Web site: www.gowithreza.com.

Kin Properties, Inc. is looking to acquire properties with the following criteria: retail, industrial and commercial single-tenant net-leased properties with long-term leases (minimum five years) that have options; lease rents at or below market; the fee or land position under centers or freestanding properties; anchor tenants of malls and strip or power centers and highly-leveraged properties with no or low cash-flow, where the rental payments are used to pay the interest and amortization of a mortgage with a low or no balloon.

Marcus & Millichap Real Estate Investment Brokerage Co. is selling seven Lowe’s Food Centers at various locations in NC for $15,285,589. The aggregate GLA of the locations is 282,657 sq.ft. All the properties are located within 70 miles of one another and are 98% leased. The company also represented Commercial Net Lease Realty Services in the sale of 19 Eckerd drugstores for a total price of $40,668,286 to Inland Retail Real Estate Trust, Inc. The portfolio includes 13 stores in TX, four in GA and one each in FL and OK. Combined, the properties include a total GLA of 193,156 sq.ft.

Prince Realty, Inc. is selling a center located in Sacramento, CA for $450,000. The center is 75% occupied. The property needs a quick turn around.

CB Richard Ellis, Inc./DuBois Gianulias Team is selling a Rite Aid drug store located at the intersection of Stockton and Fruitridge in Sacramento, CA for $4.98 million with a Cap rate of 8.25%. The freestanding building has a 20-year lease. The site has an average daily traffic count of 49,539 vehicles. CB Richard Ellis, Inc. is selling Parkway Corners, a 66,843 sq.ft. center located at the intersection of Trinity Mills Road and Dallas North Tollway in Dallas, TX for $11.15 million with a Cap rate of 9.41%. The center is situated on a land area of 7.049 acres and is 95% leased.

The Macerich Co. acquired Biltmore Fashion Park in Phoenix, AZ from Taubman Centers, Inc. for $158.5 million. The sale price is comprised of $51 million cash, approximately 811,000 Macerich partnership units and the assumption of $77.5 million of fixed rate debt. The debt matures in July 2009 and bears an interest rate of 7.68%. Biltmore Fashion Park is situated on a land area of 31 acres at the intersection of 24th Street and Camelback Road. The 611,000 sq.ft. open-air center is anchored by Saks Fifth Avenue and Macy’s.