DEALS

Kroger is getting in on the action in the Sunshine State, where competitor Publix Super Markets reigns supreme.

While some retailers are shuttering doors, fitness chains are hardly breaking a sweat as malls and shopping centers are leveraging them as anchors to increase foot traffic.

Toys “R” Us has hired a firm to help maximize the value of the properties it is selling.

In a 100% stock-for-stock transaction, Phillips Edison & Company has merged with its internally managed real estate investment trust, Phillips Edison Grocery REIT II.

The owners of New Jersey’s fourth largest mall have received approval from the Eatontown Planning Board to add 700 residential units and transform the property into a mixed-use community.

The $7 billion merger between Madison Marquette and PMRG is a go, both companies have confirmed.

Scottsdale-based YAM Properties has purchased the 46-acre Westgate Entertainment District outside of Phoenix, an entertainment magnet that has proximity to University of Phoenix Stadium, the Gila River Arena, and Tanger Outlets.

Madison Marquette, whose trendsetting projects range from the new District Wharf in the nation’s capital to Pacific Place in Seattle, plans to merge with PMRG to create a company with more than $7 billion in assets.