Dec
11

Phillips Edison Grocery Center REIT II Buys Arizona Shopping Center

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The 132,338-square-foot shopping center is anchored by Sprouts, a leading fresh format grocer.

Alameda CrossingAlameda Crossing

Phoenix—Phillips Edison Grocery Center REIT II Inc., a public non-traded REIT focusing on the acquisition and management of grocery-anchored shopping centers, has announced the purchase of Alameda Crossing, a grocery-anchored shopping center in Avondale, Ariz.. The financial details of the transaction were not disclosed.

Located at the intersection of N. Dysart Road and W. Mcdowell Road, Alameda Crossing is a 132,338-square-foot Sprouts-anchored shopping center. In addition to Sprouts, the property’s tenant roll includes Tuesday Morning, Big 5, JoAnn Fabrics, Papa Murphy’s, Bank of America, Sports Clips and a variety of local retailers…

Phillips Edison Grocery Center REIT II Buys Arizona Shopping Center

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