Phillips Edison
Phillips Edison, Grocery Center REIT II to Merge
The consolidation, which is expected to be completed in the fourth quarter, will create one of the largest grocery-anchored shopping center portfolios, worth more than $6 billion.
Phillips Edison Nabs Orlando Retail Property
Located at the intersection of Lakes Boulevard and U.S. Highway 441, the Shoppes of Lake Village is anchored by Publix.
Grocery-Focused REIT Completes $1B Sponsor Buy
Phillips Edison’s transaction has created the largest REIT exclusively focused on grocery-anchored shopping centers. The new entity has an enterprise value of roughly $4 billion.
Phillips Edison REIT to Acquire $1B in Sponsor Assets
The combined company, which is expected to reach a total enterprise value of $4 billion, will own 230 shopping centers in 32 states.