Cincinnati, Ohio — Cincinnati-based Phillips Edison Grocery Center REIT II Inc. has purchased two grocery-anchored shopping centers located in Arizona and Florida.
Litchfield Park, Ariz. — Cushman & Wakefield has arranged the $14.5 million sale of Camelback Crossing, a 94,156-square-foot Bashas’-anchored shopping center located in the Phoenix suburb of Litchfield Park.
Sierra Vista, Ariz. — Friedman Integrated Real Estate Solutions, in a joint venture with its institutional equity partner, has acquired Plaza Vista Mall, a 227,110-square-foot retail power center located in Sierra Vista.
Tempe, Ariz. — Vestar and AEW Capital Management have partnered to acquire Tempe Marketplace, a 1.3 million-square-foot open-air retail center, for $367 million.