Phillips Edison Acquires Retail Center in Lehigh Valley for $32.3 Million

Easton, Pa. — Phillips Edison has acquired Palmer Town Centre, a shopping center located in Easton, for $32.3 million.

Anchored by Giant Foods Supermarket and Marshalls, the property offers 153,085 square feet of retail space. Colliers International represented the seller, Los Angeles-based The Festival Cos., in the transaction.