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Phillips Edison Entities to Merge, Creating $6.3 Billion Grocery Center REIT

Cincinnati — Phillips Edison & Co. Inc. (PECO) has entered into a definitive merger agreement with Phillips Edison Grocery Center REIT II, a publicly traded REIT currently advised and managed by PECO.

…

  • July 18, 2018
  • Published in Company news, News

Phillips Edison Completes 11,200-Square-Foot Expansion of Cureton Town Center in North Carolina

Waxhaw, N.C. — Phillips Edison & Co. has completed the 11,200-square-foot retail expansion of Cureton Town Center in Waxhaw.

…

  • July 13, 2018
  • Published in Development, News, North Carolina

PECO to Build 8,500-Square-Foot Retail Building at McKinney Market Street in Texas

McKinney, Texas — Phillips Edison & Co. (PECO) has unveiled plans to build a new 8,500-square-foot retail building at McKinney Market Street in McKinney, a northern suburb of Dallas.

…

  • June 12, 2018
  • Published in Development, News, Texas

Phillips Edison Acquires 135,437-Square-Foot Shopping Center in Central Florida

Leesburg, Fla. — Phillips Edison & Co. has acquired Shoppes of Lake Village, a 135,437-square-foot shopping center in the Central Florida community of Leesburg.

…

  • March 20, 2018
  • Published in Florida, Investment sales, News

Phillips Edison Acquires Kroger-Anchored Retail Center in Georgia for $13.9 Million

Dacula, Ga. — Phillips Edison & Co. has acquired Mountain Crossing, a 96,606-square-foot shopping center located 39 miles outside Atlanta in Dacula, for $13.9 million.

…

  • December 7, 2017
  • Published in Georgia, News

Phillips Edison Acquires Grocery-Anchored Shopping Center in Metro Fort Worth

Mansfield, Texas — Phillips Edison Grocery Center REIT II, an affiliate of Phillips Edison & Co., has acquired Mansfield Market Centre, a 55,400-square-foot shopping center located in the southern Fort Worth suburb of Mansfield.

…

  • September 22, 2017
  • Published in Investment sales, News, Texas

Phillips Edison & Co. to Redevelop Civic Center Shopping Center in Metro Cincinnati

Forest Park, Ohio — Phillips Edison & Co. is set to begin the redevelopment of Civic Center Shopping Center, an 87,757-square-foot shopping center located in the Cincinnati suburb of Forest Park.

…

  • December 2, 2016
  • Published in Development, News, Ohio

Phillips Edison & Co. Acquires Central Valley Marketplace

Ceres, Calif. — Phillips Edison & Co. has acquired Central Valley Marketplace, an 81,897-square-foot shopping center located in Ceres.

…

  • July 23, 2015
  • Published in California, Investment sales, News

Phillips Edison Acquires 112,869-Square-Foot Highlands Plaza

Easton, Mass. — Phillips Edison & Co. has acquired Highlands Plaza, a 112,869-square-foot Hannaford-anchored shopping center located in Easton.

…

  • July 21, 2015
  • Published in Investment sales, Massachusetts, News

Hanley Investment Group Arranges Sale of Four Retail Centers for $24 Million

Irvine, Calif. — Irvine, California-based Hanley Investment Group has arranged the purchase of four shopping centers for Phillips Edison & Co. totaling 372,000 square feet for $24 million.

…

  • June 18, 2015
  • Published in California, Florida, Investment sales, News, Oregon, Tennessee, Virginia
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City of Murrieta: Experiential Leads Retail Expansion in Evolving California City

The City of Murrieta, located in Southern California, has seen explosive growth, leading to expanding retail potential — especially in the experiential arena. The city's retail successes have been based on its…

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Cullinan Properties: Mixed-Use Properties Use Retail to Drive Value

Real estate is densifying across the country, and retail has become an important amenity as people seek to live, work and play all together in mixed-use locations. The pandemic sped up…

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Faris Lee: Abundant Capital, Sales Volume Rise as Investors Pursue Retail

Investment volume, capital and competition in the retail sector have been at unprecedented levels lately, leading to lower cap rates as well as more flexibility than investments in multifamily and…

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The Necessity Retail REIT: Growing a Recession-Resilient, Necessity Retail Portfolio

What does it take to build a $5.2 billion recession-resilient, necessity retail property portfolio? Reporter Nellie Day of Retail Insight explored this topic and more with Jason Slear, Executive Vice…

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NewMark Merrill: Prop Tech Solutions to Retail Challenges

Shopping center developers, owners and managers are using property technology (prop tech) to make sense of a wealth of new, retail-generated data to create an ongoing, positive experience for customers. Sandy Sigal,…

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Stan Johnson Company: Net Lease Retail — Investment Opportunities in the Face of Changing Market…

Where are the opportunities in today’s single tenant net lease (STNL) market? The ever-changing nature of today’s retail environment has placed an emphasis on finding the best properties, while compressed…

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Taylor Street: Net Lease Opportunities: STNL Deals, Multi-Tenant Outlook, 1031 Exchange Landscape

Where does net lease stand at the moment? As cap rates compress for single tenant net lease (STNL) deals, investors are expanding their outlooks to find retail opportunities. Multi-tenant centers,…

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Pylot™: Digital Platform Streamlines Commercial Real Estate Marketing

Commercial real estate retail marketers today must navigate an increasingly complex marketing landscape. How can they identify the right tools and technologies necessary to scale their marketing presence efficiently across…

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Industry News

  • JLL Secures $68.9 Million Financing for Three-Property Retail Portfolio in Southern California
  • Carson Development Plans 200-Acre Ledge Rock Center Mixed-Use Community in Johnstown, Colorado
  • WS Development Purchases 100,000-Square-Foot Plaza del Lago Shopping Center in Suburban Chicago
  • IPA Arranges $24.5 Million Sale of Gaitherstowne Plaza Shopping Center in Metro D.C.
  • JLL Negotiates $16 Million Sale of Village Oaks Retail Center in Pensacola, Florida

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