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.
Boston — The Boston Redevelopment Authority Board has given approval for Edens to construct a 700,000-square-foot mixed-use development in the South Bay submarket of Boston.
Delano, Calif. — Hanley Investment Group Real Estate Advisors has arranged the $3.2 million sale of Glenwood Square, a 6,808-square-foot retail strip center located in Delano.
Tacoma, Wash. — CBRE has arranged the $26.7 million sale of Lincoln Plaza, an 80,922-square-foot retail center located in Tacoma.
Skokie, Ill. — Mid-America Real Estate Corp. has arranged the sale of the multi-tenant portion of Touhy Marketplace, an 18,700-square-foot retail property located in the Chicago suburb of Skokie.
Sanford, Fla. — Demolition work has commenced on Flea World, the one-time home of “the nation’s largest flea market under one roof,” in Sanford approximately 25 miles north of Orlando.
Myrtle Beach, S.C. — Misuma Holdings and Peak Financial Partners Inc. have announced plans to begin a $30 million redevelopment of Myrtle Beach Mall.