BOSTON—A venture of affiliates of Ares Management LLC and CV Properties LLC has secured $240 million in permanent financing for the newly built One Channel Center office building and Channel Center Garage here.

SMYRNA, GA—Halpern Enterprises will commence construction later this week on its new Belmont mixed-use development being built on a 48-acre site that was the home of the former Belmont Hill Shopping Center.

PHOENIX—Lincoln Property Company has acquired the two-building, 219,240-square-foot Freeport Distribution Center industrial project in southwest Phoenix.

PHOENIX—Cassidy Turley announces the sale of Marley Park Plaza, a 77,545-square-foot, grocery-anchored neighborhood shopping center at 15411 W. Waddell Road in Surprise.