Phillips Edison Acquires Kroger-Anchored Shopping Center in Metro Atlanta for $11.7 Million

Stockbrige, Ga. — The seller was a Delaware-based limited liability company.

Phillips Edison Grocery Center REIT II Inc. has purchased Spivey Junction, an 81,475-square-foot grocery-anchored shopping center in Stockbridge, a southern suburb of Atlanta, for approximately $11.7 million. The property’s tenant roster includes Kroger, Kroger Fuel Center, Great Clips, Workout Anytime, Domino’s Pizza, Subway, Goodwill and Miracle Ear. The seller was MK EP Spivey LLC, a Delaware-based limited liability company. Phillps Edison Grocery Center REIT II owns and manages 17 grocery-anchored shopping centers totaling 1.9 million square feet. 

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