A total of $13.9 million changed hands during the second quarter in four retail property investment deals at a relatively high average selling price of $254 psf. The year-to-date total for 13 deals was $53.7 million ($144 psf), off the pace set in 2011. The year-to-date mean cap rate was 9.3%. The 12-month rolling cap rate per quarter-end was 8.1%, up from 7.4% a year earlier. In the quarter’s largest sale, Guans USA Inc. paid Capital Pacific $4.35 million ($140 psf) for the 31,055-square-foot Village on Scholls Ferry neighborhood center in Beaverton. The deal closed in April at a 12.3% cap rate. The 2009-built center was 48.0% vacant at time of sale. The property was listed at $4.8 million.