Retail

ORANGE, CA-Buchanan Urban Investors and Rawson, Blum & Leon have snapped up the regional shopping center. The pair plan to renovate the complex, which was 89% leased at the time of sale.

ATLANTA-The Columbia, SC retailer has promoted Terry S. Brown to CEO. Jodie W. McLean is the new president and chief investment officer.

SHOREVIEW, MN-Shoreview Village Mall's owner hires Minneapolis artist Aldo Moroni to paint murals at the 20-year-old retail center and anchors it with a health food store, gift shop and pharmacy.

MIAMI-RM Hollywood Hills Plaza Shopping Center, headed by Barry Ross and William D. Matz, paid $28.85 million or $65.34 per sf for the 25-year-old, 441,566-sf shopping center in Hollywood, FL, 20 miles north of Downtown Miami. Adjoining outparcels sold for $4.15 million.

BURNSVILLE, MN-The privately-owned value chain based in Plymouth, MN, has grown to 15 stores. A new store opens here and in Detroit Lakes, MN as well as Fargo, ND.

FRISCO, TX-Albertsons-anchored centers at opposite ends of town are just the beginning, says Regency Centers. One site is part of a 48-acre tract ticketed for a power center. The population's there, now it's time for the retail.

WOODINVILLE, WA-A Northwest nursery and garden center decides to sell its 5,000-sf Seattle Garden Center location in the heart of Pike Place Market. The plan is to concentrate on the company's flagship store here.

DALLAS-A merger in Dallas and a merchant build alliance with an out-of-state development partner set up Henry S. Miller Cos. for a second year of change. Wal-Mart is a linchpin in the $70-million development plan.