Phillips Edison expands Texas shopping center portfolio

Cincinnati - Phillips Edison-ARC Grocery Center REIT II Inc. has acquired two grocery-anchored shopping centers, Northpark Village and Spring Cypress Village. These acquisitions add properties in Texas to the company's portfolio.

Northpark Village is a 70,479-sq.-ft. grocery store-anchored shopping center located in Lubbock, Texas, anchored by a United Supermarkets grocery store. Other national and regional tenants at the center include GNC, Starbucks, Super Tan and Sun Loan Company.

Spring Cypress Village is a 97,550-sq.-ft. grocery store-anchored shopping center located in Houston, Texas. Spring Cypress Village is anchored by Sprouts. National and regional tenants at the center also include Burger King, State Farm Insurance and Spec's.

 

Recommended stories

Login or Register to post a comment.