{"id":1004157827,"date":"2016-11-02T06:33:38","date_gmt":"2016-11-02T14:33:38","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004157827"},"modified":"2020-05-08T01:00:39","modified_gmt":"2020-05-08T09:00:39","slug":"phillips-edison-grabs-grocery-anchored-shopping-centers","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/phillips-edison-grabs-grocery-anchored-shopping-centers\/","title":{"rendered":"Phillips Edison Grabs Grocery-Anchored Shopping Centers"},"content":{"rendered":"<p>By Ioana Neamt<\/p>\n<div id=\"attachment_1004157828\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004157828\" data-attachment-id=\"1004157828\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/phillips-edison-grabs-grocery-anchored-shopping-centers\/golden-eagle-village\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg\" data-orig-size=\"1139,555\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Ioana Neamt&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1478084464&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Golden Eagle Village\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg?w=1024\" class=\"wp-image-1004157828 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg\" alt=\"Golden Eagle Village\" width=\"300\" height=\"146\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg 1139w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg?resize=300,146 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg?resize=768,374 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/11\/Golden-Eagle-Village.jpg?resize=1024,499 1024w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004157828\" class=\"wp-caption-text\">Golden Eagle Village<\/p><\/div>\n<p><strong>Cincinnati<\/strong>\u2014<a href=\"https:\/\/www.grocerycenterreit1.com\/\" rel=\"nofollow\" target=\"_blank\">Phillips Edison Grocery Center REIT I Inc.<\/a> of Cincinnati is growing its commercial portfolio with the addition of two grocery-anchored shopping centers located in Tempe, Ariz., and Clermont, Fla., a western suburb of Orlando. Financial terms of the acquisitions have not been disclosed.<\/p>\n<p>The 257,979-square-foot Southern Palms <a href=\"https:\/\/www.commercialsearch.com\/news\/retail\/\" target=\"_blank\">retail center<\/a> is located in Tempe, Ariz., and is anchored by leading fresh format grocer Sprouts. The center\u2019s tenant roster also includes Planet Fitness, Firehouse Subs, Leslie\u2019s Pool Supplies, Sally Beauty, GNC, State Farm and West Marine Products.<\/p>\n<p>Golden Eagle Village is a 64,050-square-foot shopping center located in Clermont, Fla., roughly 22 miles west of Orlando. The center is anchored by Publix and is also home to national tenants Domino\u2019s, AT&amp;T and Great Clips.<\/p>\n<p>The purchase of the two retail assets falls in line with Phillips Edison\u2019s strategy to acquire high-quality, grocery-anchored shopping centers diversified by grocer, geography, tenancy, lease expirations and creditworthiness. The firm\u2019s operations are handled by a national, in-house acquisitions team.<\/p>\n<p><em>Image courtesy of <a href=\"https:\/\/www.equinox-development.com\/\" rel=\"nofollow\" target=\"_blank\">Equinox Development<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Cincinnati-based REIT is expanding its retail portfolio with the purchase of two shopping centers near Orlando and Tempe, Ariz.<\/p>\n","protected":false},"author":192,"featured_media":1004157828,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21742,1493,21749],"tags":[],"class_list":["post-1004157827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-latest","category-orlando","category-retail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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