HFF Arranges Sale of 115,198-Square-Foot Retail Center
Pensacola, Fla. — Holliday Fenoglio Fowler, L.P. (HFF) has arranged the sale of Ferry Pass Plaza, a 115,198-square-foot community retail center located on 12.3 acres in Pensacola, Florida.
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Phillips Edison to Spin Off Strategic, Net Lease Investment Divisions
Cincinnati – Phillips Edison & Co. (PECO) will separate its strategic investment and net lease investment business units from its grocery-anchored shopping center business. The new standalone company will be called PECO Real Estate Partners (PREP).
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Phillips Edison Appoints Steenblik as VP
Salt Lake City — Phillips Edison & Co. has appointed Robert Steenblik to the position of vice president and assistant general counsel.
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Hanley Arranges Seven Retail Investment Sales for Phillips Edison
Irvine, Calif. — The seven centers total more than 800,000 square feet.
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Phillips Edison & Co. Sells Alexandria Village Green near Cincinnati
Alexandria, Ky. — The 207,606-square-foot retail community center Alexandria Village Green is anchored by County Market and shadowed by Walmart Supercenter.
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Lincoln Brokers Twisted Taco Lease in Cumming, Georgia
Cumming, Ga. – The new location will open in spring 2015.
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New Development Underway at Phillips Edison’s Parkside Shopping Center
Frankfort, Ky. – Pier 1 Imports and other national retailers will open this fall.
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Phillips Edison & Co. Buys Kroger-Anchored Shopping Center in Tennessee
Jackson, Tenn. – Lynwood Place is 89 percent leased to Kroger, Charter Communications Inc., Cato Fashions and Youfit Health Clubs.
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HFF Closes $11.2 Million Sale of and Arranges $8.6 Million Financing for Lilburn Corners
Lilburn, Ga. – BDB purchased the property for $11.2 million and obtained the financing through Jefferies LoanCore.
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Phillips Edison Buys Parmatown Mall
Parma, Ohio — The 1.1 million-square-foot property was built in 1955.
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