NEW YORK CITY—With fashion retailer H&M reportedly relocating to space across the street at Herald Center, its current flagship store space at 2 Herald Square has been put on the market for lease.

PHOENIX—ABI Multifamily facilitated the sale of Dolce Villagio Townhomes, located in Tempe. The complete townhome community consists of 37 individually parceled units that were built in 2007 and are currently operating as luxury apartment rentals.

NEW YORK CITY—The developer has been formally approved to receive tax abatement benefits for its 1.8-million-square-foot tower in the Hudson Yards District

The market has reacted favorably to Rite Aide's purchase of EnvisionRX for $2 Billion in cash and stock.