Equity One, Inc. (EQY) operates as a self-administered, self-managed real estate investment trust focused on acquiring, renovating, developing, and managing community and neighborhood shopping centers anchored primarily by national and regional supermarket chains; its portfolio includes retail properties encompassing ownership, management, acquisition, development, and redevelopment activities targeting grocery-anchored centers. The company maintains operations across key U.S. markets such as New York, Boston, Washington D.C., San Francisco, Los Angeles, Atlanta, and Florida, serving institutional and retail tenants in the commercial real estate sector with a portfolio of 122 properties totaling 12.8 million square feet as of late 2016. Founded in 1992 and headquartered in North Miami Beach, Florida, Equity One trades under the ticker EQY on the NYSE. In its most significant recent development, Equity One merges with Regency Centers Corporation in an all-stock transaction valued at approximately $4.6 billion to $5 billion, announced in November 2016 and completed on March 1, 2017, creating a larger grocery-anchored shopping center platform under Regency's name with enhanced market presence and net operating income growth.