Mandeville, La. — Stirling Properties has opened a new Whole Foods Market at Premier Centre in the New Orleans suburb of Mandeville.
Commerce, Calif. — Commerce-based Smart & Final has opened 33 Smart & Final Extra! warehouse-style grocery stores in California.
White Marsh, Md. — Construction has begun on Greenleigh at Crossroads, a $750 million phase of Baltimore Crossroads, a 1,000-acre mixed-use development in White Marsh in the eastern section of Baltimore County.
Boca Raton, Fla. — The merger agreement between Staples Inc. (NASDAQ: SPLS) and Office Depot Inc. (NASDAQ: ODP) has been terminated. As a result, Office Depot will receive a cash payment from Staples of $250 million on May 19, 2016.
Arlington, Va. — A joint venture between Regency Centers Corp. (NYSE: REG) and AvalonBay Communities Inc. (NYSE: AVB) has acquired Market Common Clarendon, a mixed-use development located in Arlington, for $406 million.
Miami — The Richman Group Development Corp. (Richman), a subsidiary of The Richman Group of Florida Inc., has acquired a 2.2-acre, fully approved land site in Miami for the development of a mixed-use project.
Batavia, Ill. — Cushman & Wakefield has arranged the $15 million sale of Fabyan Randall Plaza, a 91,415-square-foot shopping center located in the Chicago suburb of Batavia.
Tampa, Fla. — Phillips Edison Grocery Center REIT II has acquired Bloomingdale Hills, a 78,442-square-foot, grocery-anchored shopping center located in the Riverview area of Tampa, for $9.2 million.
Memphis, Tenn. — IKEA plans to install Tennessee’s largest solar rooftop system atop its Memphis store set to open in the fall.
New York City — Related Cos. and LargaVista Cos. have broken ground on 300 Lafayette Street, an 80,000-square-foot, mixed-use boutique office and retail building located in New York City’s SoHo neighborhood.